Economy
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US will buy 3 million more barrels of oil for emergency reserve
The Energy Department announced Friday it planned to purchase 3 million more barrels of crude oil for the Strategic Petroleum Reserve. A…
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Watched by IMF, Pakistan to present budget amid economic, political crises
Pakistan’s government will present its annual budget to parliament on Friday needing to satisfy the IMF to have any chance…
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Egypt’s asset-sale plan may get a $2 bln boost as potential buyers eye power plant
Actis LLP and Edra Power Holdings Sdn Bhd revived their interests in buying a major Egyptian power plant, in a…
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Sharjah’s research park powers up the gaming industry
Sharjah, known for its commitment to innovation and technology, is witnessing the rapid growth of a thriving coding, gaming, and…
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Jeddah witnesses increased demand for flexible workspace solutions
Supporting the city’s dynamic business environment, employees in Jeddah are turning to co-working spaces, hotels, and retail outlets as office…
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Schneider Electric to host its first-ever Innovation Summit in Saudi Arabia
Schneider Electric, a leader in the digital transformation of energy management and automation, will launch its first-ever Saudi Arabia Innovation…
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Indian stocks head for record high, boosted by foreign fund inflows
Indian equities headed for fresh all-time closing highs as foreign funds piled into the market, lured by the promise of…
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Erdogan appoints Erkan as Turkey central bank governor
President Recep Tayyip Erdogan on Friday named Hafize Gaye Erkan, a finance executive in the United States, to head Turkey’s central…
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US announces re-parole process for Afghan citizens in the country
The US Department of Homeland Security (DHS) announced a new process on Thursday that will enable Afghan nationals to renew their parole…
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DIFC mobilizes action on climate finance in the run up to COP28
Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa, and South Asia (MEASA) region,…
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