{"id":23583,"date":"2016-08-22T14:30:00","date_gmt":"2016-08-22T07:30:00","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/?p=23583"},"modified":"2016-08-22T13:10:53","modified_gmt":"2016-08-22T06:10:53","slug":"the-five-important-things-in-business-right-now","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/the-five-important-things-in-business-right-now\/","title":{"rendered":"The five important things in business right now"},"content":{"rendered":"<p>&#013;<br \/>\nHere&#8217;s what you need to know in UAE business and globally on this Monday morning.\u2022 End of the oil bull marketOil fell after the longest run of gains in four years as Iraq seeks to increase exports amid a global overhang of crude inventories and as Nigerian militants call an end to hostilities. West Texas Intermediate for September delivery, which expires Monday, slid 58 cents to $47.94 a barrel, while Brent for October settlement dropped 80 cents, or 1.6 per cent, to $50.08 a barrel on the London-based ICE Futures Europe exchange this morning. (Bloomberg)\u2022 India unsettled by new bank governorIndia bonds and rupee fell on Monday after the government said the Reserve Bank of India deputy governor Urjit Patel would be promoted to governor, a role in which he is expected to hold the line on inflation by keeping interest rates on hold. Patel is due to start his term on September 4 after his appointment on Saturday. (Reuters)\u2022 Dubai property prices set to riseDubai&#8217;s residential market is on the verge of an &#8220;imminent&#8221; increase in prices as a result of improving economic conditions and a relatively stable supply, according to a new Reidin\/Global Capital Partners report. Read more here.\u2022 London house prices to wane next yearLondon&#8217;s soaring housing market will hit the brakes next year. Values will fall 1.25 per cent, their first annual decline since 2009, as home buyers await the fallout of the UK&#8217;s vote to leave the European Union, according to a forecast from Countrywide Plc. Values will rise again in 2018 as a shortage of homes in the capital and low interest rates support prices, the broker said. (Bloomberg)\u2022 Going loopy over transportLast week we revealed that Airbus is trying to bring flying taxis to the world&#8217;s skies. And now DP World, the Dubai shipping company, is also looking to revolutionise travel &#8211; although in this case how it moves containers at Jebel Ali Port rather than people after signed a memorandum of understanding with Los Angeles-based Hyper\u00adloop One. Read more here.business@thenational.aeFollow The National&#8217;s Business section on Twitter&#013;<br \/>\n&#013;<br \/>\nSource : thenational.ae&#013;<br \/>\nRead more&#8230;<a href=\"http:\/\/www.thenational.ae\/business\/economy\/20160822\/the-five-important-things-in-business-right-now\" target=\"_blank\">The five important things in business right now<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Here&#8217;s what you need to know in UAE business and globally on this Monday morning.\u2022&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-23583","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-68n","jetpack-related-posts":[{"id":23469,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/india-names-urjit-patel-as-new-central-bank-governor\/","url_meta":{"origin":23583,"position":0},"title":"India names Urjit Patel as new central bank governor","date":"August 20, 2016","format":false,"excerpt":"\r \r \r Source : telegraph.co.uk\r Read more...India names Urjit Patel as new central bank governor","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":169194,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/oil-prices-rise-after-us-inventory-draw-venezuela-in-focus\/","url_meta":{"origin":23583,"position":1},"title":"Oil prices rise after US inventory draw, Venezuela in focus","date":"January 8, 2026","format":false,"excerpt":"\r Brent crude futures\u00a0LCOc1\u00a0climbed 24\u00a0cents, or 0.40%,\u00a0to $60.20\u00a0a barrel by 0343\u00a0GMT, while U.S. West Texas Intermediate crude\u00a0CLc1\u00a0was at $56.21\u00a0a barrel, up 22\u00a0cents, or 0.39% The post Oil prices rise after US inventory draw, Venezuela in focus appeared first on Arabian Business: Latest News on the Middle East, Real Estate, Finance,\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"https:\/\/i2.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2026\/01\/Oil-field-near-Lake-Maracaib-1000x667-1.jpg?fit=1000%2C667&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":79132,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/oil-prices-fall-on-strong-dollar-brent-near-one-month-low\/","url_meta":{"origin":23583,"position":2},"title":"Oil prices fall on strong dollar, Brent near one-month low","date":"February 5, 2018","format":false,"excerpt":"\r Brent was down 68 cents, or 1 percent, at $67.91 a barrel\r \r Source : arabianbusiness.com\r Read more...Oil prices fall on strong dollar, Brent near one-month low","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":90862,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/saudi-aramco-raises-asia-oil-pricing-to-4-year-highs-on-demand\/","url_meta":{"origin":23583,"position":3},"title":"Saudi Aramco raises Asia oil pricing to 4-year highs on demand","date":"June 6, 2018","format":false,"excerpt":"\r State-owned Saudi Arabian Oil Co. raised its official selling price for Arab Light crude for July shipment to Asia by 20 cents to $2.10 a barrel more than the Middle East benchmark\r \r Source : arabianbusiness.com\r Read more...Saudi Aramco raises Asia oil pricing to 4-year highs on demand","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":2566,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/dollar-declines-as-traders-eye-looming-rbnz-meeting\/","url_meta":{"origin":23583,"position":4},"title":"Dollar declines as traders eye looming RBNZ meeting","date":"January 25, 2016","format":false,"excerpt":"\r The New Zealand dollar fell, lagging behind other commodity currencies, as traders are wary the Reserve Bank may emphasise its willingness to ease monetary policy when it meets this week.The kiwi slid to 64.76 US cents at 8am in...\r \r Source : nzherald.co.nz\/Property\r Read more...Dollar declines as traders eye\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":54657,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/india-inc-to-shore-up-its-finances\/","url_meta":{"origin":23583,"position":5},"title":"India Inc to shore up its finances","date":"May 14, 2017","format":false,"excerpt":"\r India Inc is conducting a fire sale of assets as banks struggle under more than US$190 billion in debt amassed through years of corruption, project delays and economic slowdown.Indian authorities are trying to clean up tens of billions of dollars of bad loans that are weighing on the country's\u2026","rel":"","context":"In &quot;Property 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