Russia created its own SWIF alternative – he SPFS (System for Transfer of Financial Messages) – in 2014 and the first system transaction was made by Rosneft in December 2017.
Photo: Donat Sorokin/TASS Host Photo Agency/Pool via REUTERS
Oman’s oil minister arrived in Sri Lanka on Saturday to participate in the launching of a $3.85 billion oil refinery project,
Photo: EnergyInfraPost
IT and health care professionals will continue to be recruited from Asia
Photo: Jack Brewer/ MPI
Along with China and the U.S., India’s expanding economy was driving global oil demand growth.
Image: GETTY
Eddna Samuel is a Mumbai-based entrepreneur and event manager, currently heading MOTIF Advertising. Motif is majorly focused on enhancing and deepening business and trade ties between India and Israel and has been organizing a series of B2B meetings between Indian and Israeli entrepreneurs and corporate houses. The next such B2B meeting will be taking place in Tel Aviv in June 2019 and Samuel will be leading a big business delegation from India. IAR caught up with Eddna to get a sense of where India-Israel business ties are headed:
Photo:I AR
The BRICS (Brazil, Russia, India, China, and South Africa) are working out a single payment
Significant discovery of condensate in the Brulpadda prospect off the coast of South Africa
A major boost for the South African economy
Getty Image
In an interview Tonny George Alexander, director at Oman-UAE Exch-ange Centre talked about the company’s operations and market position in the sultanate. He believes Oman’s remittances market will rebound along with the economic growth of the country. Alexander said the technological advancement is imperative and adapting the business to rapid changes in technology is a big challenge ahead of the company.
President of Uzbekistan Shavkat Mirziyoyev attends Vibrant Gujarat international investment summit as a key guest of the Prime Minister Narendra Modi on January 18-20, 2019. Uzbekistan becomes first among Central Asian states to be a country partner of Vibrant Gujarat biennial event. This is the second visit of President Mirziyoyev to India during the last four months. State visit of Uzbekistan’s President in October 2018 opened a new chapter in Uzbek-India relations, including wider trade and investment cooperation.