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Bank of America Merrill

Bank of America Merrill latest

Brent has bounced back above $60 a barrel and we retain our $70 a barrel forecast for 2019 (Shutterstock)
January 14th, 2019 - 08:16 GMT

Oil Price Average Projected at $70 This Year

Bank of America Merrill Lynch has retained its forecast that oil will average at $70 this year, after prices rebounded from a two-year low in December.
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Aabar invests globally in diverse sectors such as real estate, aerospace, energy and financial services.  (Arab Economic News)
March 22nd, 2016 - 05:02 GMT

Abu Dhabi's Aabar Investments lands $4B loan deal

 Prof. Raphael Mechoulam and Dr. Yechiel Gaoni researched the active compounds in cannabis and their medical applications. (Pixabay)
February 21st, 2016 - 10:38 GMT

The high life: Is the economic potential of Israel's cannabis industry 'greater than natural gas'?

Al Bawaba
January 13th, 2016 - 11:32 GMT

As the Saudi riyal sinks, will it depeg from the dollar?

Al Bawaba
November 22nd, 2015 - 10:51 GMT

Lower oil prices could drain Saudi FX reserves by $18B per month: report

Al Bawaba
November 19th, 2015 - 06:12 GMT

UAE may be favorite, but there's opportunity in markets throughout GCC

Al Bawaba
August 27th, 2015 - 10:00 GMT

Tightening the purse strings: Saudi Arabia mulls 10 percent budget cuts

Al Bawaba
June 2nd, 2015 - 08:28 GMT

Saudi Arabia to post 20 percent fiscal deficit this year: IMF

The report also expects no near-term International Monetary Fund (IMF) engagement with Egypt.
September 10th, 2014 - 03:31 GMT

Despite the IMF's lack of involvement: GCC aid will be 'enough' to keep Egypt afloat, says Merril Lynch

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