Economy
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US debt ceiling standoff ‘unnecessary’ for world economy: IMF head
International Monetary Fund (IMF) chief Kristalina Georgieva said Wednesday that protracted domestic wrangling over the US debt ceiling was “unnecessary” for…
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Direct Dubai-India flights connecting +22 cities
Dubai announced the launch of a new direct flight route with a new destination in India, bringing the total number…
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Saudi German Health profits shoot 144.6%
The Saudi stock market closed at a 0.02 percent decline on the main stock exchange index, Tasi (Tadawul All Share…
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JPMorgan takes lead on US Banks, deposits at $2t
Renowned bank JPMorgan Chase and Co. has taken the lead on banking deposits in the United States (US) with more…
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French Energy Transition Minister calls for equal treatment for nuclear in EU laws
Nuclear power must be treated on par with renewable sources in all European legislation as the bloc pursues plans to…
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Will a Russian diamond ban be effective?
The UK has announced a ban on Russian diamonds as it tightens sanctions over Russia’s war in Ukraine. Countries in…
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US-led Pacific trade talks close to reaching supply chains pact
Fourteen countries in US-led Indo-Pacific trade talks are nearing an agreement on supply chain coordination and may announce a deal as soon…
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Coordination with OPEC+ ‘cornerstone’ of efforts to stabilize markets: Saudi minister
Coordination with OPEC+ members is a “cornerstone” of Saudi Arabia’s efforts to enhance the stability of oil markets, the kingdom’s energy minister…
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New AI institute launched in Saudi Arabia
A new institute has been set up intending to innovate the use of artificial intelligence in the Middle East. Deloitte’s…
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UAE luxury train: Etihad Rail partners with Italy’s Arsenale for passenger service
Luxury passenger train carriages will run along the UAE’s Etihad Rail line between Fujairah and the Liwa desert in Abu Dhabi as…
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