Economy
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Dubai’s top lender Emirates NBD third quarter profit rises 38 pct
Emirates NBD, Dubai’s biggest lender by assets, said on Thursday its third-quarter net profit rose 38 percent year-on-year, partly due…
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EU proposes methane emissions limit on gas imports
The European Commission has proposed imposing methane emissions limits on EU gas imports from 2030, a move that would pressure the bloc’s…
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Bulgaria launches the construction of two US-designed nuclear reactors
Bulgaria on Wednesday decided to expand the country’s nuclear power generation as an alternative to fossil fuels by launching the construction of two…
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Developing Saudi supply chain, EV charging network can lower ownership cost: Lucid VP
The cost of owning an electric vehicle in Saudi Arabia will decrease as the Kingdom rapidly establishes a local supply…
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IMF chief Georgieva says interest rates to stay high, dampen global growth
The head of the International Monetary Fund said on Wednesday that international cooperation in a divided world was essential, to…
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Saudi non-oil GDP seen at around 6 pct in 2023: Finance minister al-Jadaan
Saudi Arabia’s non-oil gross domestic product (GDP) is expected to grow by around 6 percent this year, the Kingdom’s finance…
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AstraZeneca chief Soriot slams reports on his departure as ‘fake news’
AstraZeneca Plc Chief Executive Officer Pascal Soriot said reports of his imminent departure are “fake news” and he feels fit…
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QatarEnergy and Italy’s Eni ink 27-year gas supply agreement
QatarEnergy, a state-owned energy company, has announced a 27-year gas supply agreement with Italy’s Eni, adding to recent similar deals with…
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Qatar Airways confirms CEO Akbar al-Baker to step down, al-Meer to take over
Qatar Airways Chairman Saad al-Kaabi said in an official circular obtained by Reuters on Monday that CEO Akbar al-Baker is…
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Ambani’s Reliance seeking multibillion-dollar cash and stock deal for Disney India
Reliance Industries Ltd., controlled by Asia’s richest tycoon Mukesh Ambani, is nearing a cash and stock deal to buy Walt…
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