Gazprom net profits drop sevenfold in 2014 on ruble, Ukraine
Russia's gas giant Gazprom
Moscow - Arab Today
Russia's gas giant Gazprom on Wednesday reported its net profits in 2014 plunged sevenfold over the previous year, weighed down by economic sanctions and the devaluation of the ruble.
The company -- which was the most profitable in the world just a few years ago -- reported 159 billion rubles in net profits last year ($3 billion, 2.8 billion euros) compared to 1.14 trillion rubles ($21.8 billion, 20 billion euros at the current exchange rate) in 2013, according to Gazprom's annual report published Wednesday.
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Moscow - TASS
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Dubai - Arab Today
Dubai-based label ASMARAÏA just launched its pre-fall 2019 collection — and it’s all about cruelty-free, sustainable fashion with a festive edge. Checkmate The 15-piece collection features this checkered skirt-and-jacket ensemble that is giving us major “Clueless” vibes. Gold Rush ‘Tis the season to sparkle and this dazzling, floor-length gold skirt will do the trick. Take note of the chic black bow detail at the waist — it’s the ultimate party look. Feathered fashion The brand works with environmentally-friendly materials such as organic cotton, recycled polyester and faux fur, so you can be sure this feathered look doesn’t come at the cost of an animal’s life. Jewel Tones If you want to glisten like a polished jewel at your next festive function, this emerald-colored skirt is the perfect choice with its sequin details and shimmery overlay. Golden Girl Leopard print
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