- Russia's Gazprom told Eni it would cut its gas supply by around 15 percent for Wednesday, the Italian energy giant...
Italy buys the majority of its natural gas from overseas -- and more than 40 percent of its imports come from Russia.
Since Russia invaded Ukraine, triggering unprecedented Western sanctions against Moscow, Italy has been scrabbling to cut that reliance.
- Demand is set to grow to 101.6 million barrels per day in 2023, according to the IEA, which advises developed...
Soaring oil prices and weaker economic growth is likely to temper the growth of demand in the second half of this year.
The IEA expects global oil demand to grow to 99.4 million barrels per day in 2022 -- higher than its previous estimates.
- Qatar Chamber and the Jordanian Ministry of Labor discussed Tuesday ways to enhance bilateral relations and the private sector's role...
Qatar Chamber First Vice-Chairman Mohamed bin Twar Al Kuwari met with Jordanian Minister Nayef Stetieh.
Jordanian Minister of Labor Nayef Stetieh pointed to the Qatari initiative to employ 20,000 Jordanians in Qatar.
- The painful combination of chronic 1970s-style inflation and a shrinking economy means that you might need to rebalance your investments,...
Inflation in Latin America's largest economies is the highest it's been in 15 years, while the overall rate in Sub-Saharan Africa is expected to grow to 12.2 percent this year.
What remains unknown is how long this difficult period of high inflation will go on for and what will be its lasting ‘legacy, said deVereGroup CEO Nigel Green.
- Dubai road toll operator Salik has been established as a Public Joint Stock Company according to a law issued by...
According to a law issued by Dubai ruler Sheikh Mohammed bin Rashid Al Maktoum the Dubai Government owns all the shares of Salik Company.
The Executive Council of Dubai is authorized to determine the percentage of shares that can be offered for subscription either through an IPO or private placement.
- Fortunes will be made in this current bear market as in-the-know investors use the 20 percent drop as a major...
A bear market is the term used to describe the plummeting of financial markets by 20 percent or more from their most recent all-time high.
“Your future self will thank you. The average bear market lasts less than a year and they typically rebound stronger than before," Nigel Green, CEO and founder of deVere Group,
- Industry Development Council meeting reviews recommendations made at the first meeting, progress in implementing them and discusses the development of...
Industry Development Council recommends launching unified platform for industrial data
The council reviews suggestions made at first meeting, reflects on progress in implementing them
- The UAE-Germany non-oil trade exchange exceeded AED 478 billion ($130 billion) from 2012- 2021, according to data from the Federal...
The imports accounted for 89.5 percent of the total trade exchanges, while exports 3.5 percent and re-exports accounted for seven percent.
The trade exchanges grew by 12 percent by the end of last year to AED35.3 billion against AED31.5 billion by the end of 2020.





















