EnergyFeaturedSouth Africa’s plan to add power generation capacity hits roadblocksIFM CorrespondentApril 5, 2022April 5, 2022 by IFM CorrespondentApril 5, 2022April 5, 2022 The country had gone for 1130 hours of planned power outages in 2021, which translates to 47 days of powercuts.... Read more
FeaturedIslamic FinanceIslamic bonds see growth amid oil price surgeIFM CorrespondentApril 4, 2022April 4, 2022 by IFM CorrespondentApril 4, 2022April 4, 2022 High oil prices are a key driver of this growth of Sukuk.... Read more
FeaturedUtilitiesWhy foreigners are flocking to India for treatmentIFM CorrespondentApril 4, 2022April 4, 2022 by IFM CorrespondentApril 4, 2022April 4, 2022 India has the highest rate of medical tourism in cancer treatments and cosmetic surgeries.... Read more
FeaturedTransportDubai Police add Lamborghini Urus to its fleetIFM CorrespondentApril 1, 2022April 1, 2022 by IFM CorrespondentApril 1, 2022April 1, 2022 The car accelerates from 0-100 km/h in 3.6 seconds, 0-200 km/h in 12.8 seconds, and reaches a top speed of 305 km/h.... Read more
FeaturedMarketsReal EstatePhilippine’s richest man wants to raise $176 million through REIT IPOIFM CorrespondentApril 1, 2022April 1, 2022 by IFM CorrespondentApril 1, 2022April 1, 2022 The company will sell up to 3.66 billion stock shares with a price cap of 2.50 pesos each.... Read more
FeaturedIndustryChina’s lockdown may affect Indian pharma sectorIFM CorrespondentMarch 31, 2022 by IFM CorrespondentMarch 31, 2022 Shanghai and Shenzhen, two major port cities of China, are under lockdown with a fresh surge of COVID cases.... Read more
FeaturedTechnologyBybit, Crypto.com to set up shop in Dubai as Singapore tightens gripsIFM CorrespondentMarch 31, 2022 by IFM CorrespondentMarch 31, 2022 The exchanges have handled more than $15 billion worth of spot transactions across the world since 2016.... Read more
CommodityFeaturedSri Lanka seeks another $1.5 bn loan from IndiaIFM CorrespondentMarch 30, 2022March 30, 2022 by IFM CorrespondentMarch 30, 2022March 30, 2022 Food prices are skyrocketing as the country is forced to ration its fuel and food supplies.... Read more
Business LeadersFeaturedRussian super-rich land in UAE to avoid western sanctionsIFM CorrespondentMarch 30, 2022March 30, 2022 by IFM CorrespondentMarch 30, 2022March 30, 2022 High-end property dealers, bankers, luxury car dealerships, and marinas are witnessing a stream of incoming customers secretly.... Read more
AviationFeaturedAirlines across globe may drop mandatory mask ruleIFM CorrespondentMarch 29, 2022 by IFM CorrespondentMarch 29, 2022 Airlines in the Netherlands led by KLM are dropping the mask rule for passengers.... Read more