Financial integration between Italy and the Gulf countries
|
|
|
- Randolph Ross
- 5 years ago
- Views:
Transcription
1 Financial integration between Italy and the Gulf countries Roma, 27 ottobre 2008 Alessandro Castellano EMPOWER YOUR BUSINESS 1
2 GCC countries: still a solid region High liquidity for GCC (GCC cumulative net capital outflows, $ trillion, , 2006 prices) Positive Fundamentals (% GDP) Financial Markets hold (Stock market Indices) Impressive reserves for oil exporters (billion US $) EMPOWER YOUR BUSINESS 2
3 ... But where is the oil price going? Oil counts (% of oil revenues on totale revenues) 100,0 80,0 90,0 76,3 73,9 73,9 82,4 79,2 60,0 % 40,0 20,0 0,0 Saudi Arabia UAE Kuwait Qatar Oman Bahrain Source: IIF, 2008 oil revenues/total revenues EMPOWER YOUR BUSINESS 3
4 GCC: more than oil GCC states diversification into international service markets (increasing acquisitions in Telecoms, Logistics, Construction and Contracting) Massive investments by GCC governments in financial infrastructure to strenghten financial system Non oil sectors shows dinamism (Average Growth rate) EMPOWER YOUR BUSINESS 4
5 SACE in GCC: open for business SACE total exposure in GCC 3,3 billion Outstanding guarantees account for 11.83% of SACE s portfolio Mln ,8 1647,6 Other sectors 41% Oil & Gas 16% Chemical & Petrochemica l 15% , ,5 322,7 Barhain Dubai Kuwait Oman Qatar Saudia Arabia Power 6% Banking 10% Metals Industry 12% Committed Outstanding Of Which Issued Sector % on SACE s total exposure EMPOWER YOUR BUSINESS 5
6 SACE s support: key benefits tothe Banks Capacity provider Preservation of bank credit lines to the Borrowers Competitiveness Longer term financings and attractive all-in cost of funding Risk partner Acting as a risk taker and credit risk enhancer, SACE decreases syndication risks Capacity and Liquidity provider Preservation of bank credit lines and liquidity provider Zero risk weight SACE guaranteed assets are zero weighted under Basle I and under Basle II (full guarantee by the Government of Italy) Stability Improvement of balance sheet composition (diversification of funding sources) EMPOWER YOUR BUSINESS 6
7 SACE: a safe haven in stormy weather SACE MPR: more risk, less volatility During turmoil times SACE pricing remains below CDS level Oct-06 4-Dec Jan feb apr May-07 3-Jul Aug Sep nov Dec Jan mar apr-08 5-Jun Jul Aug-08 9-Oct-08 bppa CDS Spread Bahrein CDS Spread Qatar CDS Spread Abu Dhabi SACE MPR EMPOWER YOUR BUSINESS 7
8 Some operations in GCC Commitment: $ 735 mln Guaranteed: ABN Amro Debtor: Yansab Country: Saudi Arabia Structure: Project Finance Guarantee RAS GIRTAS POWER Commitment: 379 mln Guaranteed: DEPFA Bank Debtor: RAS Girtas Power Country:Qatar Structure: Project Finance Guarantee Commitment: 343 mln Guaranteed: HSBC Debtor: Saudi Ethylene and Polyethylene Co. Country: Saudi Arabia Structure: Project Finance Guarantee Commitment : 13.5 mln Insured: Permasteelisa S.p.a. Buyer: Government of the State of Qatar Country: Qatar Structure: Civil Works Policy Commitment: 83 mln Supplier: Danieli & Officine Meccaniche S.p.a. Buyer: Qatar Steel Company LTD (Qasco) Mesaieed Country: Qatar Structure: Supplier Credit Policy EMPOWER YOUR BUSINESS 8
9 How to contact SACE HEADQUARTERS Rome Piazza Poli, 37/ Rome Tel Fax Livio Mignano Financial Institutions Dept Phone: Luis Cuttica Commercial Dept REGIONAL OFFICES Milan Via A.de Togni, Milano Tel , Fax Modena Via Elsa Morante, Modena Tel , Fax Turin c/o ICE - Via Bogino, Torino Tel Fax Venice Viale Ancona, Venezia - Mestre Tel , Fax INTERNATIONAL NETWORK Moscow Krasnopresnenskaja Naberejnaja, Moscow - Office n.1202 Tel , Fax Hong Kong 40/f Suite Central Plaza 18, Harbour Road Wanchai, Hong Kong Tel , Fax Johannesburg Chester Road, Parkwood Johannesburg Tel , Fax São Paulo c/o Italian Trade Commission Av. Paulista, andar , São Paulo (SP) SACE BT: Piazza Poli, Rome Tel Fax SACE SURETY: Via A.de Togni, Milano Tel Fax EMPOWER YOUR BUSINESS 9
SACE and the shipping finance: new financing solutions. Naples, 3 rd October 2013
SACE and the shipping finance: new financing solutions Naples, 3 rd October 2013 3 7 8 13 16 Introduction SACE and shipping industry SACE s support to shipowners SACE s support to shipyards Appendix 2
Business & Financial Services December 2017
Business & Financial Services December 217 Completed Procurement Transactions by Month 2 4 175 15 125 1 75 5 2 1 Business Days to Complete 25 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 217 Procurement
The Road Ahead What should be done to improve the capacity of developing countries to finance trade. World Trade Organization March 27, 2015
The Road Ahead What should be done to improve the capacity of developing countries to finance trade World Trade Organization March 27, 2015 1 Export Credit Agencies Export Credit Agencies (ECAs) have traditionally
Recent Chinese Investments in the GCC
Recent Chinese Investments in the GCC COMP. DATE TARGET TARGET DOMICIL E SECTOR BUSINESS DESCRIPTION ACQUIROR STAKE (%) DEAL VAL. ($M) Jul-12 Oil & Gas Assets Qatar Oil & Gas Exploration and production
Spheria Australian Smaller Companies Fund
29-Jun-18 $ 2.7686 $ 2.7603 $ 2.7520 28-Jun-18 $ 2.7764 $ 2.7681 $ 2.7598 27-Jun-18 $ 2.7804 $ 2.7721 $ 2.7638 26-Jun-18 $ 2.7857 $ 2.7774 $ 2.7690 25-Jun-18 $ 2.7931 $ 2.7848 $ 2.7764 22-Jun-18 $ 2.7771
30 June 2014 NAV: SAR AUM: Million SAR Bloomberg: JADSEQT Reuters: LP Zawya: JADSAUD.MF
Jun-07 Oct-07 Feb-08 Jun-08 Oct-08 Feb-09 Jun-09 Oct-09 Feb-10 Jun-10 Oct-10 Feb-11 Jun-11 Feb-12 Jun-12 Oct-12 Feb-13 Oct-13 Feb-14 Jun-14 Jadwa Saudi Equity 30 June 2014 NAV: 310.1983 SAR AUM: 279.08
XML Publisher Balance Sheet Vision Operations (USA) Feb-02
Page:1 Apr-01 May-01 Jun-01 Jul-01 ASSETS Current Assets Cash and Short Term Investments 15,862,304 51,998,607 9,198,226 Accounts Receivable - Net of Allowance 2,560,786
Development of Economy and Financial Markets of Kazakhstan
Development of Economy and Financial Markets of Kazakhstan National Bank of Kazakhstan Macroeconomic development GDP, real growth, % 116 112 18 14 1 113,5 11,7 216,7223,8226,5 19,8 19,8 19,3 19,619,7 199,
Weekly Economic Update
Weekly Economic Update Sunday, 18 March 2012 1 Jan-11 Feb-11 Mar-11 Apr-11 May-11 Jun-11 Jul-11 Aug-11 Sep-11 Oct-11 Nov-11 Dec-11 Jan-12 Feb-12 Jan-11 Feb-11 Mar-11 Apr-11 May-11 Jun-11 Jul-11 Aug-11
Weekly Economic Update
Weekly Economic Update Sunday, 13 May 2012 1 Jan-11 Mar-11 May-11 Jul-11 Sep-11 Nov-11 Jan-12 Mar-12 % US$ Bn Weekly Economic Update Jan-11 Mar-11 May-11 Jul-11 Sep-11 Nov-11 Jan-12 Mar-12 Sunday, 13 May
GULF WisdomTree Middle East Dividend Fund
WisdomTree Middle East Dividend Fund ETF.com segment: Equity: Frontier Middle East & Africa - Total Market Competing ETFs: N/A Related ETF Channels: Frontier Middle East & Africa, Smart-Beta ETFs, Dividend,
15. Appendix 8 VAT return format
15. Appendix 8 VAT return format Value Added Tax Return Main Form Type Document Locator Tax Form Filing Type Submission Date Taxable Person details TRN Taxable Person Name (English) Taxable Person Name
GCC/ MENA macro outlook. Khatija Haque, Head of MENA Research March 2018
GCC/ MENA macro outlook Khatija Haque, Head of MENA Research March 18 1 % y/y GCC: Is the worst behind us? Average GCC GDP growth 1 and 17 have been challenging on a number of fronts for the GCC. Lower
Speranţa Tirsar Head of Bucharest Office - Central and Eastern Europe. Bucharest, February 2013
SACE - Guarantees for Energy Sector Speranţa Tirsar Head of Bucharest Office - Central and Eastern Europe Bucharest, February 2013 SACE SpA SACE s mission SACE is the Export Credit Agency of ITALY We provide
31 May 2014 NAV: SAR AUM: Million SAR Bloomberg: JADSEQT Reuters: LP Zawya: JADSAUD.MF
Jun-07 Oct-07 Feb-08 Jun-08 Oct-08 Feb-09 Jun-09 Oct-09 Feb-10 Jun-10 Oct-10 Feb-11 Jun-11 Feb-12 Jun-12 Oct-12 Feb-13 Oct-13 Feb-14 Jadwa Saudi Equity 31 May 2014 NAV: 320.1035 SAR AUM: 291.01 Million
Executive Summary. July 17, 2015
Executive Summary July 17, 2015 The Revenue Estimating Conference adopted interest rates for use in the state budgeting process. The adopted interest rates take into consideration current benchmark rates
4.1 Foreign Exchange Average Rates Pak Rupees per US Dollar
4.1 Foreign Exchange Average Rates Pak Rupees per US Dollar PERIOD Jul. Aug. Sep. Oct. Nov. Dec. Jan. Feb. 1990-91 21.7944 21.8083 21.7944 21.8440 21.9107 21.9099 22.1296 22.2054 1991-92 24.6281 24.7185
S U M M A R Y. Table 1(a) : Monthly Import of Goods & Services Items
VI S U M M A R Y Table 1(a) : Monthly Import of Goods & Items (Million US$) August 2012 2011 I. Import Payments (Banks) 3,169 3,610 II. Freight & Insurance 190 217 III. Other Import unaccounted by Banks
MONTHLY FACT SHEETS May 2016
MONTHLY FACT SHEETS May Al Mal UAE Equity Al Mal MENA Equity Al Mal Saudi Shariah Equity Al Mal MENA Income Al Mal Liquidity 48 Burj Gate, Downtown Dubai, Sheikh Zayed Road, Office 901, P.O. Box 119930,
Asia Key Economic and Financial Indicators 13-Jul-17
Asia Key Economic and Financial Indicators -Jul-7 ASEAN Brunei (BN) Cambodia (KH) Indonesia () Laos (LA) Malaysia () Myanmar (MM) Philippines () Singapore () Thailand () Vietnam () East Asia China (CN)
Common stock prices 1. New York Stock Exchange indexes (Dec. 31,1965=50)2. Transportation. Utility 3. Finance
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis 000 97 98 99 I90 9 9 9 9 9 9 97 98 99 970 97 97 ""..".'..'.."... 97 97 97 97 977 978 979 980 98 98 98 98 98 98 987 988
TERMS OF REFERENCE FOR THE INVESTMENT COMMITTEE
I. PURPOSE The purpose of the Investment Committee (the Committee ) is to recommend to the Board the investment policy, including the asset mix policy and the appropriate benchmark for both ICBC and any
CPA Australia Plan Your Own Enterprise Competition
Financial Plan Your financial plan should include: 1. A list of Start-Up Costs and how these will be paid for (eg from savings, bank loan or family loan) 2. A Breakeven Analysis, which includes: a list
Half-year results Six months ended 30 th June The Trusted Partner. Adrian Ringrose, Chief Executive Tim Jones, Group Finance Director
Half-year results Six months ended 30 th June 2010 The Trusted Partner Adrian Ringrose, Chief Executive Tim Jones, Group Finance Director 10 August 2010 Overview H1 2010: trading in line with expectations
Asia Key Economic and Financial Indicators 20-Oct-16
Asia Key Economic and Financial Indicators -Oct- ASEAN Brunei (BN) Cambodia (KH) Indonesia () Laos (LA) Malaysia () Myanmar (MM) Philippines () Singapore () Thailand () Vietnam () East Asia China (CN)
Investor. Presentation
Dubai Financial Market Investor a Presentation 2 0 1 6 www.dfm.ae This Investor Presentation has been prepared by Dubai Financial Market PJSC ( DFM or the Company ) for investors, solely for informational
Division of Bond Finance Interest Rate Calculations. Revenue Estimating Conference Interest Rates Used for Appropriations, including PECO Bond Rates
Division of Bond Finance Interest Rate Calculations Revenue Estimating Conference Interest Rates Used for Appropriations, including PECO Bond Rates November 16, 2018 Division of Bond Finance Calculation
FALCOM RESEARCH FALCOM Financial Services P. O. Box 884 Riyadh Kingdom of Saudi Arabia
FALCOM RESEARCH Gaurav Kumar Analyst Snehdeep Fulzele Head of Research +966 1 2118455 snehdeep.fulzele@falcom.com.sa FALCOM Financial Services P. O. Box 884 Riyadh 11421 Kingdom of Saudi Arabia GCC Stock
FTSE Country Classification Review March 2018
FTSE Country Classification Review March 2018 Date: 29 st Mar, 2018 FTSE Russell promotes Saudi Arabia to Emerging with a potential weight of 2.7%. Saudi weightage could rise to approximately 4.6% following
Review of Registered Charites Compliance Rates with Annual Reporting Requirements 2016
Review of Registered Charites Compliance Rates with Annual Reporting Requirements 2016 October 2017 The Charities Regulator, in accordance with the provisions of section 14 of the Charities Act 2009, carried
Investing and doing business in Saudi Arabia with SACE SIMEST Alessandro Decio, CEO SACE
Investing and doing business in Saudi Arabia with SACE SIMEST Alessandro Decio, CEO SACE 4 December 2017 1 Who we are 2 What we can do We are part of the CDP Group, Italy's National Promotion Institute
REAL ESTATE INVESTMENT TRUSTS INSIGHTS ON SAUDI ARABIA Q1 2018
COMMERCIAL RESEARCH REAL ESTATE INVESTMENT TRUSTS INSIGHTS ON SAUDI ARABIA Q1 2018 Key findings In Saudi Arabia, six new REITs have been listed on the Tadawul, taking the total number of listed REITs on
VAT IN UAE GENERAL UNDERSTANDING.
VAT IN UAE GENERAL UNDERSTANDING Introduction of VAT Value Added Tax (VAT) is an indirect tax on consumption. It applies to most goods and services. VAT is levied on business transactions, i.e. on goods
Monthly Mutual Fund Report
July, Monthly Mutual Fund Report Statistics for May-June Sales and Redemptions Total assets for all funds increased in May by $9. billion, or., to $.7 trillion. Money market funds had a net cash outflow
HUD NSP-1 Reporting Apr 2010 Grantee Report - New Mexico State Program
HUD NSP-1 Reporting Apr 2010 Grantee Report - State Program State Program NSP-1 Grant Amount is $19,600,000 $9,355,381 (47.7%) has been committed $4,010,874 (20.5%) has been expended Grant Number HUD Region
QUESTION 2. QUESTION 3 Which one of the following is most indicative of a flexible short-term financial policy?
QUESTION 1 Compute the cash cycle based on the following information: Average Collection Period = 47 Accounts Payable Period = 40 Average Age of Inventory = 55 QUESTION 2 Jan 41,700 July 39,182 Feb 18,921
Foreign Trade and Balance of Payments. V{tÑàxÜ f å
Foreign Trade and Balance of Payments V{tÑàxÜ f å FOREIGN TRADE AND BALANCE OF PAYMENTS Oman's balance of payments position remained comfortable in 2003, with a higher order of surplus in the overall balance
Sal. Oppenheim European Financial Conference
Sal. Oppenheim European Financial Conference Zurich November 20, 2007 Renato Fassbind, Chief Financial Officer Cautionary statement Cautionary statement regarding forward-looking and non-gaap information
Consumer Price Index (Base year 2014) Consumer Price Index
Consumer Price Index December 2017 (Base year 2014) Consumer Price Index 1 Release Date: January 2018 Detailed by: Expenditure groups Household welfare levels Household type Regions Briefing This publication
Consumer Price Index (Base year 2014) Consumer Price Index
Consumer Price Index December 2016 (Base year 2014) Consumer Price Index 1 Release Date: January 2017 Detailed by: Expenditure groups Household welfare levels Household type Regions Briefing This publication
MacroVoices Oil Discussion: OPEC Can t Fix The Problem of Low Oil Prices
MacroVoices Oil Discussion: OPEC Can t Fix The Problem of Low Oil Prices Art Berman November 30, 2016 Slide 1 Overview: OPEC Can t Fix The Problem of Low Oil Prices OPEC may reach some agreement today
Financial & Business Highlights For the Year Ended June 30, 2017
Financial & Business Highlights For the Year Ended June, 17 17 16 15 14 13 12 Profit and Loss Account Operating Revenue 858 590 648 415 172 174 Investment gains net 5 162 909 825 322 516 Other 262 146
Big Walnut Local School District
Big Walnut Local School District Monthly Financial Report for the month ended September 30, 2013 Prepared By: Felicia Drummey Treasurer BIG WALNUT LOCAL SCHOOL DISTRICT SUMMARY OF YEAR TO DATE FINANCIAL
Consumer Price Index (Base year 2014) Consumer Price Index
Consumer Price Index July 207 (Base year 204) Consumer Price Index Release Date: Augest 207 Detailed by: Expenditure groups Household welfare levels Household type Regions Briefing This publication provides
D U B A I F I N A N C I A L M A R K E T. HSBC MENA Business Leader Equity Investor Forum
D U B A I F I N A N C I A L M A R K E T HSBC MENA Business Leader Equity Investor Forum Dubai - October 2010 1 Contents 1. UAE Financial Sector Vision and Strategy 2. UAE Capital Markets 3. Dubai Financial
MENA IPO Eye. MENA IPO market is set to scale up activity Q The MENA IPO Eye is a. the latest developments,
MENA IPO Eye Q1 21 MENA IPO market is set to scale up activity The momentum seen in IPO activity in Middle East and North Africa (MENA) last year, particularly Mayur Pau MENA IPO Leader The MENA IPO Eye
Cement and Clinker Price Markers: Med Basin, Persian
Cement and Clinker Price Markers: Med Basin, Persian Webinar presentation Gulf-Arabian Sea and East Africa Cement & Clinker prices 2Q2017: Price Assessment and Trade Price Update July 13, 2017 CW Group
European Tax Free Consumption Fondazione Altagamma - October 17, Milan
European Tax Free Consumption Fondazione Altagamma - October 17, Milan 10/25/2017 Agenda I. Europe & Top countries performance II. Tax Free key drivers in Europe III. Bain & Company Global Blue Analysis
Gli strumenti SACE-SIMEST a supporto dell internazionalizzazione
Gli strumenti SACE-SIMEST a supporto dell internazionalizzazione CDP Group: we promote the future WE FINANCE public investments, support international cooperation, and drive the development of Italy's
WESTWOOD LUTHERAN CHURCH Summary Financial Statement YEAR TO DATE - February 28, Over(Under) Budget WECC Fund Actual Budget
WESTWOOD LUTHERAN CHURCH Summary Financial Statement YEAR TO DATE - February 28, 2018 General Fund Actual A B C D E F WECC Fund Actual Revenue Revenue - Faith Giving 1 $ 213 $ 234 $ (22) - Tuition $ 226
Management Reports. June for PREPARED BY POWERED BY
Management Reports for June 217 PREPARED BY POWERED BY Contents 1. Management Reports Cashflow Forecast Actual vs Budget P&L Forecast Where Did Our Money Go? Net Worth 2. Understanding your Reports 3.
TABLE A GOVERNMENT BOND SINKING FUND STATEMENT OF RECEIPTS IN THE BALANCE SHEET
TABLE A GOVERNMENT BOND SINKING FUND STATEMENT OF RECEIPTS IN THE BALANCE SHEET Source Date of budgeting Balance sheet value Balance sheet Date of transfer (reason) ( Italian format ) (in Italian lire)
4th - Asian Fixed Income Summit Investing in Asia s Fixed Income Market
4th - Asian Fixed Income Summit Investing in Asia s Fixed Income Market September 217 Derek Armstrong Credit Suisse Head of Debt Capital Markets, Asia Pacific These materials may not be used or relied
Switzerland Economic Update QNB Group. September 2014
Switzerland Economic Update QNB Group September 14 Switzerland Overview Switzerland s efficient capital markets, highly skilled human capital and low corporate tax rates make it the world's most competitive
Figure 1: Change in LEI-N August 2018
Nebraska Monthly Economic Indicators: September 26, 2018 Prepared by the UNL College of Business, Bureau of Business Research Author: Dr. Eric Thompson Leading Economic Indicator...1 Coincident Economic
(WEBSITE ONLY) EMPLOYEE SHARE PLANS
(WEBSITE ONLY) EMPLOYEE SHARE PLANS 31 December HIGHLY RESTRICTED Employee Share Plans In accordance with the terms of a waiver granted by the Hong Kong Stock Exchange on 24 December 2010, full details
Trade Finance, Letters of Credit and Bank Guarantees
Trade Finance, Letters of Credit and Bank Guarantees Page 1 of 10 Why Attend Securing company s assets while transacting with local and international customers is critical for the success and sustainability
Travel Insurance and Assistance
Travel Insurance and Assistance Worldwide research covering over 40 countries Series Prospectus Finaccord Ltd., 2016 Web: www.finaccord.com. E-mail: info@finaccord.com 1 Prospectus contents Page What is
LEBANON WEEKLY REPORT
ECONOMY Beirut recorded the 3 rd lowest occupancy rate among Arab markets. The average room rate in Beirut hotels was USD 169 in 2013, down from USD 201 in 2012. OCCUPANCY RATE AT BEIRUT HOTELS REACHES
GIMA Pulse Date of Report: 05/07/2018 a monthly snapshot of the UK Economy from
GIMA Pulse Date of Report: 05/07/2018 a monthly snapshot of the UK Economy from www.barometeroftrade.com Summary Oil prices have risen to even greater heights than the previous month following Donald Trump's
Cost Estimation of a Manufacturing Company
Cost Estimation of a Manufacturing Company Name: Business: Date: Economics of One Unit: Manufacturing Company (Only complete if you are making a product, such as a bracelet or beauty product) Economics
MSCI Overseas China Index: Early Inclusion Proposal
MSCI Overseas China Index: Early Inclusion Proposal July 7, 2014 Summary MSCI proposes to allow early inclusions of companies with Initial Public Offerings (IPOs) that are of significant size to the MSCI
Executive Board meeting. 14 December 2011
Executive Board meeting December EU measures ECB Key policy rate has been reduced to. percent Measures: Liquidity operation with a maturity of months Reserve requirements reduced from to per cent Reduced
Leading Economic Indicator Nebraska
Nebraska Monthly Economic Indicators: September 20, 2017 Prepared by the UNL College of Business Administration, Bureau of Business Research Author: Dr. Eric Thompson Leading Economic Indicator...1 Coincident
Foundations of Investing
www.edwardjones.com Member SIPC Foundations of Investing 1 5 HOW CAN I STAY ON TRACK? 4 HOW DO I GET THERE? 1 WHERE AM I TODAY? MY FINANCIAL NEEDS 3 CAN I GET THERE? 2 WHERE WOULD I LIKE TO BE? 2 Develop
GCC STOCK MARKETS: FUNDAMENTALS, BUBBLES & GOVERNANCE IIF MENA Regional Forum Kuwait, 6-7 November 2006
GCC STOCK MARKETS: FUNDAMENTALS, BUBBLES & GOVERNANCE IIF MENA Regional Forum Kuwait, 6-7 November 2006 Dr. Nasser Saidi Chief Economist Dubai International Financial Centre November 2006 Agenda Recent
ACTUARIAL SOCIETY OF HONG KONG CONTINUOUS PROFESSIONAL DEVELOPMENT ( CPD ) FREQUENTLY ASKED QUESTIONS
ACTUARIAL SOCIETY OF HONG KONG CONTINUOUS PROFESSIONAL DEVELOPMENT ( CPD ) FREQUENTLY ASKED QUESTIONS These are frequently asked questions about the operation of the CPD requirements. These requirements
The Malaysian Economy
The Malaysian Economy Prospects and critical issues in 2011-20122012 Presentation for ISIS PRAXIS Seminar Nor Zahidi Alias Chief Economist March 3 rd, 2011 In a nutshell US economy is emitting more positive
Introduction to SAUDI ARABIA
Introduction to SAUDI ARABIA Saudi Arabia is the world s largest oil producer and exporter with almost one-fifth of the word s proven oil reserves. Benefiting from abundant and cheap energy, the industrial
Middle East Health Insurance Market: Trends & Opportunities ( )
Middle East Health Insurance Market: Trends & Opportunities (2015-2019) #272138 $800 82 pages In Stock Report Description Scope of the Report The report titled Middle East Health Insurance Market: Trends
OPEC extends oil output cut through March 2018
Economics Research Desk Market Highlights: Oil & Gas update 25 May 2017 OPEC extends oil output cut through March 2018 Oil prices swung between sharp gains and losses in volatile trade on Thursday, after
Banking. Global Research. Qatar. Qatar Banking Sector. Growth, Value, Quality!
Global Research Banking Qatar Qatar Banking Sector Growth, Value, Quality! April 2008 KSCC Banking Research Souk Al-Safat Bldg., 2nd Floor P.O. Box 28807 Safat 13149 Kuwait Tel: (965) 240 0551 Fax: (965)
The Month That Was. MENA, GCC and the World. Kuwait Financial Centre Markaz R E S E A R C H. Global Markets Trends July 2014.
Kuwait Financial Centre Markaz R E S E A R C H Research Highlights: Review of global and regional stock markets for July 2014 Markaz Research is available on Bloomberg - Type MRKZ Thomson Research,
Constructing a Cash Flow Forecast
Constructing a Cash Flow Forecast Method and Worked Example A cash flow forecast shows the estimates of the timing and amounts of cash inflows and outflows over a period of time. The sections of a cash
Q1 11 Investor presentation May 2011
AbuDhabi Commercial Bank PJSC Q1 11 Investor presentation May 2011 1 Disclaimer This document has been prepared by Abu Dhabi Commercial Bank PJSC ( ADCB ) for information purposes only. The information,
ANZ-ROY MORGAN AUSTRALIAN CONSUMER CONFIDENCE MEDIA RELEASE. Weekly change, % Four-week average Budget. Budget. Budget. Budget.
Index ANZ RESEARCH ANZ-ROY MORGAN AUSTRALIAN CONSUMER CONFIDENCE MEDIA RELEASE 29 MAY 2018 CONTACT research@anz.com CONTRIBUTORS Mustafa Arif Junior Economist +91 80 6795 3801 mustafa.arif@anz.com David
PHOENIX ENERGY MARKETING CONSULTANTS INC. HISTORICAL NATURAL GAS & CRUDE OIL PRICES UPDATED TO July, 2018
Jan-01 $12.9112 $10.4754 $9.7870 $1.5032 $29.2595 $275.39 $43.78 $159.32 $25.33 Feb-01 $10.4670 $7.8378 $6.9397 $1.5218 $29.6447 $279.78 $44.48 $165.68 $26.34 Mar-01 $7.6303 $7.3271 $5.0903 $1.5585 $27.2714
31 January 2011 NAV: SAR AUM: Million SAR
Jadwa Saudi Equity 31 January 2011 NAV: 140.2618 SAR AUM: 131.33 Million SAR Bloomberg: JADSEQT Reuters: LP65077653 Zawya: JADSAUD.MF Saudi market started the month with a strong rally followed by a sharp
1.2 The purpose of the Finance Committee is to assist the Board in fulfilling its oversight responsibilities related to:
Category: BOARD PROCESS Title: Terms of Reference for the Finance Committee Reference Number: AB-331 Last Approved: February 22, 2018 Last Reviewed: February 22, 2018 1. PURPOSE 1.1 Primary responsibility
ISSUE 007 DECEMBER REAL ESTATE INVESTMENT TRUSTS - REITs. A Liquid Alternative to an Illiquid Asset Class
ISSUE 007 DECEMBER 2 0 1 7 REAL ESTATE INVESTMENT TRUSTS - REITs A Liquid Alternative to an Illiquid Asset Class HIGHLIGHTS The benefits of a REIT are straight forward when compared to owning a property
Leading Economic Indicator Nebraska
Nebraska Monthly Economic Indicators: July 29, 2016 Prepared by the UNL College of Business Administration, Department of Economics Authors: Dr. Eric Thompson, Dr. William Walstad Leading Economic Indicator...1
Business Cycle Index July 2010
Business Cycle Index July 2010 Bureau of Trade and Economic Indices, Ministry of Commerce, Tel. 0 2507 5805, Fax. 0 2507 5806, www.price.moc.go.th Thailand economic still expansion. Medium-run Leading
Key IRS Interest Rates After PPA
Key IRS Rates - After PPA - thru 2011 Page 1 of 10 Key IRS Interest Rates After PPA (updated upon release of figures in IRS Notice usually by the end of the first full business week of the month) Below
Weekly Economic Highlights
Vol. 20 No. 35 Weekly Economic Highlights Table of Contents 1. INTEREST RATES... 1 2. CLEARING AND SETTLEMENT ACTIVITY... 2 3. TOBACCO SALES... 4 4. INTERNATIONAL COMMODITY PRICE DEVELOPMENTS..5 5. EXCHANGE
Factor Leave Accruals. Accruing Vacation and Sick Leave
Factor Leave Accruals Accruing Vacation and Sick Leave Factor Leave Accruals As part of the transition of non-exempt employees to biweekly pay, the UC Office of the President also requires standardization
Travel Insurance and Assistance
Travel Insurance and Assistance Worldwide research covering over 40 countries Series Prospectus Finaccord Web: www.finaccord.com. E-mail: info@finaccord.com 1 Prospectus contents Page What is the research?
Voya Indexed Universal Life-Protector
calculation examples Values as of 07/28/2018 Voya ed Universal Life-Protector Issued by Security Life of Denver Insurance Company Required training! VFA Registered Representatives must review the Required
[ ] Deduction for income earned in certain foreign states. (Foreign Earnings Deduction) - Section 823A TCA 1997
![[ ] Deduction for income earned in certain foreign states. (Foreign Earnings Deduction) - Section 823A TCA 1997](/thumbs/77/74751876.jpg "[ ] Deduction for income earned in certain foreign states. (Foreign Earnings Deduction) - Section 823A TCA 1997")
[34-00-09] Deduction for income earned in certain foreign states (Foreign Earnings Deduction) - Section 823A TCA 1997 Updated February 2017 1. Section 823A TCA 1997 The foreign earnings deduction provision
Leading Economic Indicator Nebraska
Nebraska Monthly Economic Indicators: June 17, 2016 Prepared by the UNL College of Business Administration, Department of Economics Authors: Dr. Eric Thompson, Dr. William Walstad Leading Economic Indicator...1
Interest Sensitive Fixed Income Market Data
Interest Sensitive Fixed Income Market Data April 2013 NORTH AMERICA KEVIN FLANAGAN Morgan Stanley Wealth Management Chief Fixed Income Strategist Managing Director kevin.flanagan@morganstanley.com +1
Deutsche Global Infrastructure Fund (TOLLX)
Global Infrastructure Fund (TOLLX) A step beyond MLPs Important risk information Any fund that concentrates in a particular segment of the market will generally be more volatile than a fund that invests
Total Job Ads 177,
Number of job ads per week, 000s ANZ Australian Job Ads / 5 March 2018 / 1 of 7 ANZ RESEARCH ANZ AUSTRALIAN JOB ADVERTISEMENTS MEDIA RELEASE 5 MARCH 2018 CONTACT research@anz.com CONTRIBUTORS David Plank
MIXED MESSAGES. KEY POINTS The ANZ Truckometer indexes lifted in August.
ANZ RESEARCH 11 September 18 CONTACT: Sharon Zollner Chief Economist Telephone: +6 9 357 9 Email: Sharon.Zollner@anz.com The next issue of the ANZ Truckometer is scheduled for release on 9 October 18 at
2017 1Q Results. May 2017
217 1Q Results May 217 Agenda 1. Financials 2. Market Fundamental 3. Industry Outlook 4. Plant Operation 5.Expansion 2 Financial Status (Unit: NTD Million) 4Q16 1Q17 QoQ 1Q16 YoY Revenues 152,287 164,486
ADX Performance in 2015
ADX Performance in Index Performance: Abu Dhabi Securities Exchange (ADX) General Index decreased 221points during, closing at 4307 points, a decrease of 4.9% compared to 2014 when the index closed at
ANZ-ROY MORGAN AUSTRALIAN CONSUMER CONFIDENCE MEDIA RELEASE. Figure 1. ANZ-Roy Morgan Australian Consumer Confidence and inflation expectations
ANZ RESEARCH ANZ-ROY MORGAN AUSTRALIAN CONSUMER CONFIDENCE MEDIA RELEASE 17 APRIL 2018 CONTACT research@anz.com CONTRIBUTORS Mustafa Arif Junior Economist +91 80 6795 3801 mustafa.arif@anz.com David Plank
OTHER DEPOSITS FINANCIAL INSTITUTIONS DEPOSIT BARKAT SAVING ACCOUNT
WEIGHTAGES JAN FEB MAR APR MAY JUN JUL AUG SEPT OCT NOV DEC ANNOUNCEMENT DATE 19.Dez.14 27.Jän.15 24.Feb.15 26.Mär.15 27.Apr.15 26.Mai.15 25.Jun.15 28.Jul.15 26.Aug.15 23.Sep.15 27.Okt.15 25.Nov.15 MUDARIB
GCC Sovereign Equity Risk Premium Q4 13 Update
Kuwait Financial Centre Markaz R E S E A R C H Markaz Research is available on Bloomberg - Type MRKZ Thomson Research, Reuters Knowledge Nooz Zawya Investor ISI Emerging markets Capital IQ FactSet
Leading Economic Indicator Nebraska
Nebraska Monthly Economic Indicators: August 19, 2016 Prepared by the UNL College of Business Administration, Department of Economics Authors: Dr. Eric Thompson, Dr. William Walstad Leading Economic Indicator...1
Qatar Diplomatic Cut and its Impact
Qatar Diplomatic Cut and its Impact Date: 6 th June, 2017 Diplomatic Ties Cut with Qatar Saudi Arabia, the United Arab Emirates, Egypt and Bahrain have cut diplomatic ties with Qatar, in the region s most