Featured Oil & GasAfter a two-year hiatus, US oil shipment heads to South AfricaIFM CorrespondentJune 1, 2023 by IFM CorrespondentJune 1, 2023 Kpler data show that Saudi Arabia, West and Central Africa, and South Africa are the primary sources of South Africa's oil... Read more
Economy FeaturedReal Estate to Metaverse: 8 sectors to invest in Middle EastWebAdminOctober 27, 2022 by WebAdminOctober 27, 2022 One of the main forces behind the Middle East economy is its infrastructure... Read more
Featured Oil & GasUS imposes fresh sanctions: More trouble for Chinese, UAE firmsIFM CorrespondentAugust 11, 2022August 10, 2022 by IFM CorrespondentAugust 11, 2022August 10, 2022 The United States imposed penalties on companies from Singapore, Hong Kong, and the UAE, as per the Treasury website.... Read more
Economy FeaturedIran, Argentina submit applications to join BRICSIFM CorrespondentJune 30, 2022June 30, 2022 by IFM CorrespondentJune 30, 2022June 30, 2022 It was Russian President Vladimir Putin’s first meeting with the leaders of major economies since the beginning of the invasion of Ukraine.... Read more
Featured Oil & GasOil prices rise as negotiations between US and Iran are due to resumeWebAdminMay 25, 2021 by WebAdminMay 25, 2021 The price increased for a third on Tuesday after holding around a one-week high... Read more
Oil & GasSaudi Aramco shares fall $200 bn amid fears of impending US-Iran warInternational FinanceJanuary 9, 2020January 24, 2020 by International FinanceJanuary 9, 2020January 24, 2020 Under the shadow of a US-Iran clash, Saudi Aramco shares have plunged by 10%... Read more
EconomyQatar’s budget for 2020 largest in five yearsPritam BordoloiDecember 17, 2019 by Pritam BordoloiDecember 17, 2019 The country plans to spend 1.9% more in 2020 than it did last year... Read more
Oil & GasIran, Turkey to establish joint bank to ‘bypass the US sanctions’International Finance DeskJune 3, 2019 by International Finance DeskJune 3, 2019 Iran's ambassador to Turkey said that the mutual cooperation between Turkey and Iran was needed to create a 'new financial mechanism'... Read more
Global Magazine March-April 2019US Sanctions Against Iran will bring endess TurmoilInternational FinanceApril 17, 2019December 11, 2019 by International FinanceApril 17, 2019December 11, 2019 Businesses trading with both economies are witnessing an inevitable struggle against the backdrop of the President’s re-imposed trade sanctions. What next?... Read more
EconomySanctions on Iranian oil industry to cripple economy: Oxford reportInternational Finance DeskAugust 30, 2018 by International Finance DeskAugust 30, 2018 Analysts with Oxford Economics predict that the country’s economy will contract by 3.7% in 2019, its worst performance in six years... Read more