Economy
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Ukraine central bank introduces largest wartime currency liberalization measures
Ukraine’s central bank introduced its largest wartime currency liberalization measures on Friday, with most of the new provisions to take…
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US military pauses construction of Gaza pier due to inclement weather: CENTCOM
The US military temporarily has paused construction of a floating pier off the coast of Gaza due to weather that caused unsafe…
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Novo Nordisk raises outlook fueled by weight loss drug demand
Novo Nordisk raised its 2024 outlook on Thursday and delivered better-than-expected first-quarter profits as the Danish drugmaker races to boost output…
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Global rice market stable for now but weather risk remains
Global rice supplies have stabilized after last year’s rally, although the market remains vulnerable to risks from dry weather caused…
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EU chief announces $1 bln in aid for Lebanon to shore up economy
EU chief Ursula von der Leyen on Thursday announced $1 billion in aid for Lebanon during a visit to the…
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Dubai property: Prices to soar in 2025, flooding to have ‘minimal impact’ on market
Dubai’s real estate market continues to outperform global hotspots like New York, London and Hong Kong, with no signs of a slowdown…
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Shipping giant Maersk’s net profit sinks amid Red Sea attacks
Danish shipping giant Maersk posted a huge drop in net profit for the first quarter on Thursday as attacks by Yemen’s…
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India widens spices crackdown with nationwide checks on all manufacturers
India’s food safety regulator said on Thursday it had ordered nationwide testing and inspections at all companies making spice mixes,…
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Dubai’s stock exchange eyes $17 trillion private credit market
Dubai’s stock exchange is dipping its toes into the $1.7 trillion private credit market with a new platform it says…
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UAE weather: Dubai Airports, Emirates and flydubai issue travel advisory
Dubai airports and airlines have advised passengers to plan ahead and allow for extra time for travel since upcoming rain…
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