Finance

  • Energising the shipbuilding industry

    Shipbuilding has in recent years emerged in Bangladesh as a significant means of export diversification. It has high potential. In a short period, the industry has made a good reputation in the global market. 

  • Tanker Owners Continue to Order

    There have been 146 tanker orders placed through July, compared to just 56 during the same time period last year. The bulk of these orders have stemmed from the VLCC and MR2 classes as 39 and 47 firm orders have been placed. 

  • American National Registered Investment Advisor...

    American National Registered Investment Advisor Inc. maintained its stake in shares of Ship Finance International Limited (NYSE:SFL) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC).

  • Bowling Portfolio Management LLC Has $777,000...

    Bowling Portfolio Management LLC raised its stake in Ship Finance International Limited (NYSE:SFL) by 82.2% during the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 57,124 shares of the shipping company’s stock after buying an additional 25,779 shares during the period. Bowling Portfolio Management LLC owned 0.06% of Ship Finance International Limited worth $777,000 at the end of the most recent quarter.

  • Legal & General Group Plc Sells 311 Shares of...

    Legal & General Group Plc reduced its position in shares of Ship Finance International Limited (NYSE:SFL) by 1.8% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 17,207 shares of the shipping company’s stock after selling 311 shares during the period. Legal & General Group Plc’s holdings in Ship Finance International Limited were worth $254,000 at the end of the most recent reporting period.

  • ABS Demand Unlikely to Alter Consumer Banks’...

    Increased issuance of asset-backed securities (ABS) by U.S. banks and nonbank financial institutions (NBFIs) could affect some issuers’ credit profiles if it leads to a sustained increase in secured wholesale funding sources, says Fitch Ratings. However, we believe that this trend does not yet represent a structural shift, with many consumer finance-oriented financial institutions raising consumer ABS issuance opportunistically to take advantage of attractive pricing and to enhance the liquidity of their ABS programs.

  • Minister of Oil and Gas Discusses Ways to...

    The Minister of Oil and Gas, Dr. Abdul-Rahman Osman Abdul-Rahman has encouraged the African Bank to enter into financing the oil projects to achieve goals of the sustainable development, pointing to a number of projects of gas production for electricity generation in West of Sudan.

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Oman's economy posts positive growth in current year

Performance of the national economy in 2017 has been positive in a number of economic indicators. The Sultanate managed to achieve the targeted public revenues for the first half this year as the gross revenues grew to a little bit more than OMR 4 billion. The state budget seeks to achieve OMR 8.7 billion public revenues this year.
 

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