Economy
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Dubai’s GII invests $160 mln in Saudi Arabia’s Abeer hospital chain
Gulf Islamic Investments LLC. has invested $160 million in Saudi Arabia’s Abeer Medical Company, the latest health-care deal in the…
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US aviation regulator grounds Boeing MAX 9 indefinitely after mid-air panel blowout
The US aviation regulator on Friday extended the grounding of Boeing 737 MAX 9 airplanes indefinitely for new safety checks…
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Oil prices rise on US-UK strikes over Red Sea attacks
Oil prices jumped by 4% after the US and UK launched strikes in Yemen over recent attacks by Houthi rebels…
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Oil jumps 4 percent as tankers avoid Red Sea after strikes on Yemen’s Houthis
Oil prices leaped 4 percent on Friday, as oil tankers diverted course from the Red Sea following overnight air and…
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China, Russia trade hit record high in 2023 as commerce with US sank
Trade between China and Russia hit a record high in 2023, official data from Beijing showed on Friday, as commerce…
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Oil prices steady despite Middle East tensions, but risks are rising
In recent weeks, missile and drone attacks on cargo ships crossing the Red Sea have caused the biggest disruption to…
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Tesla lowers range estimates as US regulators tighten vehicle-test rules
Tesla has lowered driving-range estimates across its lineup of electric vehicles as a new US government vehicle-testing regulation takes effect with the goal…
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Meta to restrict more content for teens as regulatory pressure mounts
Meta Platforms said on Tuesday it would hide more content from teens on Instagram and Facebook, after regulators around the globe pressed the social…
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World’s tallest branded residential clocktower unveiled in Dubai
The UAE-based developer London Gate, along with Franck Muller, the Swiss luxury watch manufacturer, unveiled in Dubai on Tuesday what…
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Saudi Arabia makes first 2024 issuance of USD international bonds worth $12 bln
Saudi Arabia National Debt Management Center completed the first issuance of USD international bonds in 2024, worth $12 billion, it said…
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