In Pictures
Salaries, disposable income, luxuries, and savings; HSBC used these four factors to determine a league table of the best expat destinations from a financial point of view. Here’s the top ten.
Arabic News View
Kipp takes a look at some editorials from the Arabic press. This week: Iraq’s oil targets; US peace talks; Gaddafi and his girls; Jordan’s economy; Israel and Palestine prisoners.
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Alia Akkad
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The great fares rip-off?
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DP World plans London listing
Dubai-based port operator DP World is planning to list its shares on the London Stock Exchange by the second quarter of the year, reports Reuters. The company listed on Nasdaq Dubai in November 2007, but its share price has fallen around 67 percent since then.
“After an extensive period of review with advisers, and discussions with shareholders, the board of DP World has decided to seek a premium listing on the London Stock Exchange whilst maintaining the existing primary listing on Nasdaq Dubai,” DP World said in a statement.
“In March 2009 the board … stated it would evaluate all available options to address its continued disappointment with the markets valuation of the company,” it added.
Iraq raises crude prices for U.S. Europe, Asia-source
The October price for Basra light crude for Asian buyers was set at a discount of $1.35.
The October price for Basra light crude for Asian buyers was set at a discount of $1.35.
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