India  

Middle East rich most cautious after oil plunge, COVID-19 crisis - Barclays

Reuters India Friday, 29 May 2020
High net worth individuals in the Middle East have become the most risk averse among wealthy investors in emerging markets after being hit by the oil price crash, according to an executive at Barclays private bank.
0
shares
ShareTweetSavePostSend
 

You Might Like


💡 newsR Knowledge: Other News Mentions

Middle East Middle East region that encompasses Western Asia and Egypt

Donald Trump presides as Israel and Arab states sign historic pacts [Video]

Donald Trump presides as Israel and Arab states sign historic pacts

Donald Trump has presided over the signing of historic diplomatic pactsbetween Israel and two Gulf Arab nations. The US president hopes the move willlead to a new order in the Middle East and cast him as a peacemaker at theheight of his reelection campaign. Hundreds of people amassed on the sun-washed South Lawn to witness the signing of agreements between Israel and theUnited Arab Emirates and Bahrain.

Credit: PA - Press Association STUDIO    Duration: 01:19Published
US, UAE, Israel and Bahrain sign Abraham Accord [Video]

US, UAE, Israel and Bahrain sign Abraham Accord

The President of United State, Donald Trump, Prime Minister of Israel Benjamin Netanyahu, Foreign Minister of the UAE Abdullah bin Zayed Al Nahyan, and Foreign Minister of Bahrain Abdullatif bin Rashid Al Zayani signed the Abraham Accord. "Israel, the United Arab Emirates, and Bahrain will establish embassies, exchange ambassadors, and begin to work together as partners. They are friends," The White House tweeted."After decades of division and conflict, we mark the dawn of a new Middle East. Congratulations to the people of Israel, the people of the United Arab Emirates, and the people of the Kingdom of Bahrain. God Bless You All!", Trump tweeted.

Credit: ANI    Duration: 02:00Published
UAE, Bahrain sign deal with Israel at White House [Video]

UAE, Bahrain sign deal with Israel at White House

[NFA] The United Arab Emirates and Bahrain on Tuesday became the latest Arab states to break a longstanding taboo by signing agreements toward normalizing relations with Israel in a strategic realignment of Middle Eastern countries against Iran.

Credit: Reuters Studio    Duration: 02:21Published
Peace deals mark 'dawn of a new Middle East' -Trump [Video]

Peace deals mark 'dawn of a new Middle East' -Trump

The United Arab Emirates and Bahrain signed agreements on Tuesday for normalizing relations with Israel, becoming the latest Arab states to break a longstanding taboo in a strategic realignment of Middle Eastern countries against Iran.

Credit: Reuters Studio    Duration: 01:41Published

Barclays Barclays British multinational banking and financial services company

Barclays in probe over spying allegations [Video]

Barclays in probe over spying allegations

Barclays Plc is being probed by the United Kingdom's privacy watchdog, the Information Commissioner's Office (ICO), over allegations that the British bank spied on its staff, the agency said on Sunday. Ciara Lee reports

Credit: Reuters Studio    Duration: 01:09Published
Barclays Profits Drop [Video]

Barclays Profits Drop

Barclays reported a 66% plunge in profits for the first six months of the year. The bank was hurt by declining business in its UK group. Business Insider reports that profits attributable to shareholders dropped to $899 million in the first half. That's down from $2.6 billion last year. The British bank set aside $4.7 billion in anticipation of bad loans related to the crisis period. Barclays trading division posted a 60% jump in trading revenues in foreign-exchange, rates, and credit trading.

Credit: Wochit News    Duration: 00:34Published

Related videos from verified sources

Middle East SMEs will likely be most affected by pandemic lockdown [Video]

Middle East SMEs will likely be most affected by pandemic lockdown

Middle East SMEs will likely be most affected by pandemic lockdown

Credit: Euronews English     Duration: 03:45Published
Hydroxycholoroquine Failed To Help COVID-19 Victims In 2 Studies [Video]

Hydroxycholoroquine Failed To Help COVID-19 Victims In 2 Studies

Two studies published recently in medical journals found devastating news for most the world. Anti-malaria medication hydroxychloroquine failed to help hospitalized coronavirus patients. The studies,..

Credit: Wochit Tech     Duration: 00:35Published
The WHO Says Risks Of Ending Isolation Outweigh Benefits [Video]

The WHO Says Risks Of Ending Isolation Outweigh Benefits

Countries across Europe, as well as several US states, have begun relaxing stay-at-home orders. This is against most professional opinions and World Health Organization warnings. "The risk of returning..

Credit: Wochit Business     Duration: 00:43Published

Related news from verified sources

Middle East rich most cautious after oil plunge, COVID-19 crisis -Barclays

High net worth individuals in the Middle East have become the most risk averse among wealthy investors in emerging markets after being hit by the oil price...
Reuters India


Tweets about this