Sudan scraps USD 6 billion UAE port deal, citing Gulf country’s RSF support
The UAE is dependent on imported food, and has reportedly invested heavily in agricultural land in Sudan...
Tag : Russia
OPEC+ agrees to delay December 2024 output hike for one month
Due to a combination of rising supplies, weak demand, and declining prices, OPEC+ had already postponed the increase from October 2024...
Egypt’s central bank leaves interest rates steady as inflation seen dropping
According to the MPC, inflation would sharply drop in the first quarter of 2025 and economic growth would progressively rebound in the fiscal year that started on July 1...
IF Insights: Is Telegram in trouble post Pavel Durov’s arrest?
With the help of the Telegram software, users can have one-on-one chats, group chats, and broadcast messages to a large number of subscribers through channels...
IF Insights: Qatar’s household wealth shows tremendous growth
Qatar's growth story is one of a nation returning to its historical pattern rather than a dramatic break from the rest of the area...
LockBit ransomware: The global cyber menace
The LockBit group managed to extort at least $500 million from victims in 120 countries...
Business Leader of the Week: Meet Vladimir Sergeyevich Lisin, Chairman of NLMK Group
In 2021 Vladimir Sergeyevich Lisin was the richest man in Russia and 58th richest in the world with an estimated net worth of USD 26.6 billion...
Business Leader of the Week: Meet Alexei Mordashov, Russia’s steel baron
Alexei Mordashov has stepped down as a director at Nordgold, while holding up to half of Nordgold's shares...
Business Leader of the Week: Meet Leonid Mikhelson, CEO of Russian energy giant Novatek
According to Forbes, as of 2024, Leonid Mikhelson's net worth is around 2,900 crores USD...
Business Leader of the Week: Meet Andrey Melnichenko, Russia’s fertiliser & coal ace
In 2022 Forbes and Bloomberg estimated Andrey Melnichenko's net worth at USD 15.8 billion and USD 17.4 billion respectively, which makes him one of the richest persons in Russia...