CommodityFeaturedAmid Ukraine war, Europe reduces petrol demandIFM CorrespondentMarch 31, 2023March 31, 2023 by IFM CorrespondentMarch 31, 2023March 31, 2023 The seven biggest consumers of petrol in the EU — Germany, Italy, France, the Netherlands, Spain, Belgium, and Poland... Read more
BankingFeaturedIF Insights: Existential crisis for traditional banks as technology takes overIFM CorrespondentMarch 30, 2023March 30, 2023 by IFM CorrespondentMarch 30, 2023March 30, 2023 Legacy banks are often known for their slow production and reform/transformational measures and this applies to the aspect of going digital too... Read more
CommodityFeaturedHow central banks used gold since the 1990sIFM CorrespondentMarch 30, 2023March 30, 2023 by IFM CorrespondentMarch 30, 2023March 30, 2023 Central banks sold gold on the net in the 1990s and the first part of the 2000s... Read more
FeaturedFintechStart-up of the Week: Radpay, acing game of card payment with ledger techIFM CorrespondentMarch 29, 2023 by IFM CorrespondentMarch 29, 2023 Radpay's operation revolves around a patent-pending merchant card payment solution... Read more
FeaturedIslamic FinanceAl Ansari upsizes IPO on strong investor demandIFM CorrespondentMarch 29, 2023March 29, 2023 by IFM CorrespondentMarch 29, 2023March 29, 2023 Al Ansari Exchange was founded primarily to address the foreign exchange and remittance demands of its business partners and consumers... Read more
FeaturedTechnologyIF Insights: By firing its ethical AI team, Microsoft enters into the zone of vulnerabilityIFM CorrespondentMarch 28, 2023March 28, 2023 by IFM CorrespondentMarch 28, 2023March 28, 2023 Microsoft has also reportedly removed the waitlist for its AI-powered 'Bing Chat', as the chatbot will now come with GPT-4 features... Read more
FeaturedFinanceQatar’s Sheikh Jassim to buy Manchester United?IFM CorrespondentMarch 28, 2023March 28, 2023 by IFM CorrespondentMarch 28, 2023March 28, 2023 The Glazer family, who control Manchester United, is said to have set a record for the highest valuation of a sports team at £6 billion... Read more
CommodityFeaturedRamadan 2023: UAE residents might save up to 70% on groceries despite price riseIFM CorrespondentMarch 27, 2023 by IFM CorrespondentMarch 27, 2023 Al Maya Supermarket has prepared several deals and promotions to assist customers in getting ready for the holy season of Ramadan... Read more
BankingFeaturedIF Insights: The heavy blows & eventual downfall of Credit SuisseIFM CorrespondentMarch 27, 2023 by IFM CorrespondentMarch 27, 2023 Credit Suisse was known for its CreditRisk+ model of risk assessment in loans... Read more
Business LeadersFeaturedBusiness Leader of the Week: Meet Larry Page, co-founder of Alphabet IncIFM CorrespondentMarch 24, 2023March 24, 2023 by IFM CorrespondentMarch 24, 2023March 24, 2023 As of February 2023, Larry Page has an estimated net worth of USD 93 billion... Read more