Sharjah / WAM Arada has reached a major milestone at the Sharjah megaproject ‘Aljada,’ with the completion of its first residential phase. The delivery of 278 homes in the last two Misk Apartment buildings at the mixed-use community brings the total number of units finished at Aljada to 1,482, said an Arada press release on Wednesday. The Misk Apartment ...

Bloomberg Germany said it’s discussing the decision by Russia’s Gazprom PJSC to halt gas flows to Poland and Bulgaria with European Union partners, and although it views the move with concern, security of supply is currently guaranteed. “All in all, gas flows are currently at a stable level but we are monitoring the situation very closely,” the economy ministry in ...

Bloomberg China’s biggest oil refiner posted increased profits for the first quarter even as the country’s worst pandemic outbreak threatens a pullback in fuel demand. Sinopec reported 23.3 billion yuan ($3.6 billion) in net income, an increase of 24% from the same period last year, according to an exchange filing. The Chinese oil giant, officially known as China Petroleum & ...