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India stocks rise as RBI unveils support to cope with Covid-19

Bloomberg India stocks rise after the central bank unveiled measures to further support the economy as coronavirus cases continue to surge. The S&P BSE Sensex gained 0.4% to 48,452.56, as of 11:33 am in Mumbai, while the NSE Nifty 50 Index advanced by the same magnitude. Thirteen of the 19 sector sub-indexes compiled by BSE Ltd climbed, led by a ...

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Khalifa Foundation provides aid to displaced Iraqis in Debaga camp

ERBIL / WAM The Khalifa bin Zayed Al Nahyan Foundation, in cooperation with the Consulate General of the UAE in the Iraqi Kurdistan region, has provided financial assistance to the displaced Iraqis in the Debaga camp located on the outskirts of Erbil Governorate. The move aimed at alleviating the displaced suffering in the face of the difficult conditions, especially in ...

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Saudi Aramco’s Q1 profit soars 24% to $21 billion

Bloomberg Saudi Aramco’s profit soared in the first quarter following a recovery in global oil and gas markets, though free cash flow remained too low to fully cover dividend payments. The world’s biggest energy firm kept its quarterly payout at $18.75 billion. The money is a vital source of cash for the kingdom. The bumper results follow those last week ...

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