Russia's oil and gas revenue seen up 39% year-on-year in May thanks to Iran war.

Ukraine signs $40M grant deal with Japan's JICA for recovery, infrastructure, health & agriculture support

Ukraine signs $40M grant deal with Japan's JICA for recovery and stability support

SpaceX announces plans for $80B IPO, targeting $1.75T valuation as early as June. Elon Musk's personal appeal seen as key factor amid ongoing losses in most divisions.

SpaceX, Elon Musk's company, has announced plans for the world's largest IPO, potentially raising $80 billion and valuing the company at $1.75 trillion, with the share sale expected as early as June. Experts say the success hinges largely on Musk's personal influence, as most of SpaceX's divisions remain unprofitable.

Saudi Arabia's $1T wealth fund eyes logistics giant via asset consolidation

Saudi Arabia's $1 trillion wealth fund considers creating a logistics giant by consolidating transport and supply-chain assets.

Dubai's ruler Hamdan bin Mohammed approves AED 1.5B economic package

Dubai's ruler, Hamdan bin Mohammed, approves a second, larger AED 1.5 billion economic incentives package.