Economy
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Saudi Telecom buys $2.25 billion stake in Spain’s Telefonica
Saudi Telecom Co. is taking a nearly 10 percent stake in Spain’s Telefonica SA for roughly $2.25 billion as the…
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Canada’s Enbridge makes substantial investment of $14 billion in natural gas
Canadian pipeline giant Enbridge announced Tuesday that it is buying three utilities from US-based Dominion Energy in a $14 billion…
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UK aviation regulator to review air traffic control malfunction
Britain’s civil aviation regulator said on Wednesday it would undertake an independent review of the circumstances surrounding an air traffic control…
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UAE’s ADNOC to proceed with developing Habshan carbon capture project
Abu Dhabi National Oil Company (ADNOC) said on Wednesday it had reached a final investment decision to develop the Habshan…
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Top US diplomat Antony Blinken visits McDonald’s in Kyiv
Top US diplomat Antony Blinken stopped at a McDonald’s with his counterpart Dmytro Kuleba in Kyiv Wednesday, as part of…
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Alan Joyce: Qantas boss exits early amid mounting scandals
Qantas boss Alan Joyce will depart the airline two months earlier than scheduled amid mounting controversies. Mr Joyce was set…
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Oil prices stable ahead of OPEC+ supply cut expectations
Oil prices were stable on Monday amid expectations that major producers would keep supplies tight, as hopes grew for the…
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Stocks rise, dollar loses safe-haven allure as China sentiment improves
Global shares rose on Monday, lifted by a growing expectation that the Federal Reserve will not raise interest rates anymore,…
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Saudi Arabia’s ACWA Power to enter China next year, CEO Arcelli says
Saudi Arabia’s ACWA Power Co plans to begin operations in China starting next year, as it eyes expansion into countries…
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UAE’s GIH takes 30 pct stake in Egypt tobacco giant for $625 mln
A United Arab Emirates investment firm bought a 30 percent stake in Egypt’s largest tobacco company for $625 million, in…
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