Economy
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Dubai launches Family Business Management Program to boost management skills
Dubai has launched the Dubai Family Business Management Program, a project of the Dubai Centre for Family Businesses, which operates…
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Saudi Arabia to continue voluntary oil cut of one million bpd until end of December
Saudi Arabia will continue with its voluntary cut of one million barrels per day for the month of November and until the…
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Factbox: Emerging economies confronting a debt crisis
High interest rates, growing investor risk aversion and borrowing that ballooned in recent years have left a range of developing…
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Pakistan’s top power utility K-Electric looks to raise $400 mln from overseas
Pakistan’s top utility is looking to tap overseas lenders to help meet growing power demand as the nation grapples with…
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Abu Dhabi-based IHC raises stake in billionaire Adani’s flagship to more than 5 pct
International Holding Co. has increased its shareholding in billionaire Gautam Adani’s flagship firm, days after the Abu Dhabi-based investor decided…
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Iraq sets January deadline for oil firms in new licensing rounds
Iraq has set a January 2024 deadline for international energy companies to submit formal letters of intent to take part…
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Oil price above $100 won’t be in ‘anyone’s interest’: Indian minister
India will manage if the price of oil goes above $100 per barrel even though such a price would not…
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Abu Dhabi’s Mubadala wealth fund hires banks to present green finance framework
Abu Dhabi sovereign wealth fund Mubadala Investment Company has hired banks to organize a series of investor meetings to present…
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India manufacturing activity outperforms Asian economies as demand picks up
India’s manufacturing activity remained relatively strong in September, outperforming other Asian economies, as businesses picked up new clients in key…
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Turkey’s inflation climbs past 60 percent as oil prices threaten outlook
Turkish inflation probably exceeded 60 percent for the first time this year as higher energy costs complicate efforts to contain…
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