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TotalEnergies to Invest in Iraq’s Gas Growth Integrated Project

World Economic Magazine May 9, 2023

As a follow-up to the confirmation of the terms of development and production contract signed in September 2021. French energy giant TotalEnergies on Wednesday announced a multi-billion-dollar deal with the Iraqi government and will pick up a key stake in the Middle Eastern nation’s Gas Growth Integrated Project (GGIP).

Global Pension Systems Ill-Prepared to Deal with Demographic Changes

World Economic Magazine May 9, 2023

Life expectancy has declined in many countries due to COVID-19 pandemic, but pensions systems across the world has remained ill-prepared to deal with demographic changes as the ageing of societies continues to accelerate, according to a new report from Allianz.

Istanbul International Airport was Busiest in March

World Economic Magazine May 9, 2023

Turkiye’s mega airport Istanbul was the busiest one in Europe, with an average of 1,263 daily flights in March, according to EUROCONTROL. Sabiha Gokcen, also in Istanbul, ranked 17th on the list with an average of 549 daily flights.

DMCC Concludes ‘Made For Trade’ Roadshow in London

World Economic Magazine May 8, 2023

The Dubai Multi Commodities Centre (DMCC) houses more than 2,000 British companies and they represented about 8% of the total number of firms in the Centre, acting as a conduit to British businesses looking to tap into regional and global markets by setting up a base in Dubai, Ahmed Bin Sulayem, Senior Executive Chairman and Executive Director of the DMCC said.

Emirates and Etihad Sign MoU to Expand Interline Agreement

World Economic Magazine May 8, 2023

The two UAE national carriers – Emirates Airline and Etihad Airways – on Thursday signed a Memorandum of Understanding (MoU) to expand their interline agreement and provide travellers additional itinerary options when visiting the UAE.

US FED Hikes Interest Rate for Tenth Time in a Row

World Economic Magazine May 8, 2023

The US Federal Reserve (US FED) has hiked interest rates for the tenth time in a row, bringing the key lending rate to its highest level since 2007. However, the US FED signalled it could pause further rate hikes, as inflation eases and turmoil continues to spread across the American banking sector. 

TotalEnergies to Invest in Iraq’s Gas Growth Integrated Project

World Economic Magazine May 9, 2023

As a follow-up to the confirmation of the terms of development and production contract signed in September 2021. French energy giant TotalEnergies on Wednesday announced a multi-billion-dollar deal with the Iraqi government and will pick up a key stake in the Middle Eastern nation’s Gas Growth Integrated Project (GGIP).

Global Pension Systems Ill-Prepared to Deal with Demographic Changes

World Economic Magazine May 9, 2023

Life expectancy has declined in many countries due to COVID-19 pandemic, but pensions systems across the world has remained ill-prepared to deal with demographic changes as the ageing of societies continues to accelerate, according to a new report from Allianz.

Istanbul International Airport was Busiest in March

World Economic Magazine May 9, 2023

Turkiye’s mega airport Istanbul was the busiest one in Europe, with an average of 1,263 daily flights in March, according to EUROCONTROL. Sabiha Gokcen, also in Istanbul, ranked 17th on the list with an average of 549 daily flights.

DMCC Concludes ‘Made For Trade’ Roadshow in London

World Economic Magazine May 8, 2023

The Dubai Multi Commodities Centre (DMCC) houses more than 2,000 British companies and they represented about 8% of the total number of firms in the Centre, acting as a conduit to British businesses looking to tap into regional and global markets by setting up a base in Dubai, Ahmed Bin Sulayem, Senior Executive Chairman and Executive Director of the DMCC said.

Emirates and Etihad Sign MoU to Expand Interline Agreement

World Economic Magazine May 8, 2023

The two UAE national carriers – Emirates Airline and Etihad Airways – on Thursday signed a Memorandum of Understanding (MoU) to expand their interline agreement and provide travellers additional itinerary options when visiting the UAE.

US FED Hikes Interest Rate for Tenth Time in a Row

World Economic Magazine May 8, 2023

The US Federal Reserve (US FED) has hiked interest rates for the tenth time in a row, bringing the key lending rate to its highest level since 2007. However, the US FED signalled it could pause further rate hikes, as inflation eases and turmoil continues to spread across the American banking sector. 

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