FeaturedOil & GasSaudi Aramco makes huge profit amid Ukraine-Russia warIFM CorrespondentAugust 22, 2022 by IFM CorrespondentAugust 22, 2022 The amount from the Saudi oil firm Aramco is the biggest quarterly adjusted profit of any listed company.... Read more
FeaturedOil & GasUkraine war impact: G7 proposes price cap on Russian oilWebAdminJuly 7, 2022July 8, 2022 by WebAdminJuly 7, 2022July 8, 2022 This year's G7 Summit was held at the castle resort in the Bavarian Alps and was dominated by the war in Ukraine and its impact on the economy... Read more
FeaturedFinanceUK retail giant forced to change ‘Z’ logo after online backlashIFM CorrespondentMarch 28, 2022March 28, 2022 by IFM CorrespondentMarch 28, 2022March 28, 2022 Swiss insurance firm Zurich Insurance has also decided to withdraw its Z logo... Read more
FeaturedFinanceImpact of Russia-Ukraine war on global economyIFM CorrespondentMarch 21, 2022 by IFM CorrespondentMarch 21, 2022 Governments will be forced to decrease their social spending and look to enhance the military budgets.... Read more
EconomyFeaturedIs Russia getting support from MENA?IFM CorrespondentMarch 18, 2022March 18, 2022 by IFM CorrespondentMarch 18, 2022March 18, 2022 UAE, which has been a steady ally of the US over the years, abstained from voting against Russia in the United Nation.... Read more
EconomyFeaturedUkraine to get $700 million as emergency aid from World Bank groupIFM CorrespondentMarch 8, 2022 by IFM CorrespondentMarch 8, 2022 The financial support comes in the form of loans, guarantees, and grants.... Read more
AviationFeaturedQatar Airways to launch a new service to Odesa, UkraineIFM CorrespondentOctober 26, 2021 by IFM CorrespondentOctober 26, 2021 The carrier will start flying the new routes from December 9... Read more
FeaturedShipping and PortsDP World to acquire 51% in Ukraine’s TIS Container TerminalInternational FinanceFebruary 15, 2020March 18, 2020 by International FinanceFebruary 15, 2020March 18, 2020 The acquisition is in line with DP World’s plan to develop robust logistics for transporting cargo from one point to another... Read more
AviationFeaturedInvestors reportedly show interest to buy beleaguered Malaysia AirlinesInternational FinanceJanuary 22, 2020March 18, 2020 by International FinanceJanuary 22, 2020March 18, 2020 Five prospective buyers are in the fray, said Malaysian Prime Minister Mahathir Mohammed, although he did not disclose their identities... Read more
Oil & GasDisputes settled, Gazprom extends gas deal with UkrainePritam BordoloiDecember 23, 2019 by Pritam BordoloiDecember 23, 2019 Gazprom and Ukraine have agreed not to start any new gas lawsuits against each other... Read more