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Rich Russians are trying to shift some of their wealth from Europe to Dubai to shield assets from a tightening wave of Western sanctions on Russia over its invasion of Ukraine, financial and legal sources said.
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Energy is the "very significant" focus of the trip by President Ebrahim Raeisi to Qatar to attend a regional gas conference and boost political and trade relations with Persian Gulf countries.
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Rahul Bajaj, the man who made brand Bajaj a household name through scooter models like Chetak and Priya and the ubiquitous Bajaj three-wheeler auto, passed away at 83 on Saturday.
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An Iranian engineering consultancy firm has been awarded a contract in India to carry out a major water management project east of the country near the Bay of Bengal.
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Global automaker Toyota Motor and fast food chain Domino's Pizza are among half a dozen companies that have apologized to India for social media posts from their Pakistani partners expressing support for Kashmir.
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Today, no sector of Iran’s economy has been spared by Washington’s punitive measures, which helped propel the country into a two-year recession and continue to impact every aspect of day-to-day life.
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India's government will step up spending to 39.45 trillion rupees ($529.7 billion) in the coming fiscal year to build public infrastructure and drive economic growth, it said on Tuesday.
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The United Arab Emirates plans to introduce a federal tax on corporate earnings for the first time next year, in its latest step toward dismantling a levy-free regime.
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Indian economy contracted by 6.6 per cent in 2020-21 on account of outbreak of Covid-19 and subsequent nationwide lockdown to contain the coronavirus pandemic.
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Oil prices are on track for their biggest monthly gain in almost a year following a series of retaliatory attacks by Yemeni forces in the UAE and Saudi Arabia.
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Multichemi International Ltd, which manufactures and distributes a wide range of products under dash, one of Sri Lanka’s leading detergent and household care brands, has begun exporting its products.
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Commercial Bank Bangladesh, Commercial Bank of Ceylon’s largest overseas operation, has been adjudged the ‘Most Sustainable Bank in Bangladesh’ at the close of 2021.
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Iran, Azerbaijan and Russia Wednesday moved ahead on North-South international transport corridor announcing their plan of linking Persian Gulf port of Bandar Abbas to Helsinki in Finland.
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Since the 1970s, the oil trade has almost entirely been conducted in U.S. dollars, even when buyers and producers are not American. The ramifications of the dollar-denominated oil trade are immense:
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An unexpected disruption could occur at any moment, as has happened in the past, leading to a sudden and sharp jump in prices. Geopolitical tension has been largely irrelevant since the collapse of oil prices in 2014.
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Afghan President Ashraf Ghani has issued a decree banning Pakistani trucks from entering the country via the Torkham and Spin Boldak border crossings, Tolo News reported.
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As part of the visit of Uzbekistan’s delegation to Iran on October 18 and following the business forum, the two countries’ entrepreneurs signed agreements worth $25.5 million.
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The economy of the world's largest democracy is growing at a pace, which is the slowest in the last three years. Jobs are being lost. Inflation is threatening to pick up. There are few takers for bank loans. Consumer.
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Baghdad on Tuesday began rehabilitating the oil pipeline to Turkey’s Ceyhan port that bypasses Iraqi Kurdistan, after a suspension of nearly three years, the Iraqi oil minister and lawmakers said.
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A Myanmar beauty queen says she was stripped of her pageant title after posting a graphic video accusing Muslim Rohingya militants of driving communal violence in Rakhine state.
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Iran’s Ministry of Roads and Urban Development has warned companies against shipment of oil products to and from the Iraqi Kurdistan “until further notice,” Iranian news agencies reported on Saturday.
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China’s strategic interest in Iran is intensifying. Chinese manufacturers are looking to establish new operations in Iran, and Tehran is viewed as a vital transport and logistics hub.
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India has started exporting diesel to Myanmar via a land route, in a boost to Prime Minister Narendra Modi’s pledge to enhance hydrocarbon trade with neighbouring countries.
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The future stability of OPEC’s second-largest oil and gas producer could be decided by the end of 2017. Unrest is growing in Iraq as the Kurdish referendum grows nearer. Soon, the Iraq that we have known.
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