Economy
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Russia considers returning to Black Sea grain export talks: US
The United States has been told that Russia is prepared to return to talks on a deal that had allowed the safe…
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China invested $25.4 bln in Pakistan over past decade: Vice premier
China has invested $25.4 billion in Pakistan over the past decade for projects ranging from roads to power plants, China’s vice premier…
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SHUAA Capital launches new Sharia-compliant Saudi equity fund
SHUAA Capital, the leading asset management and investment banking platform in the region, announced on Monday the launch of a…
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Saudi Arabia’s economy grows 1.1 pct in second quarter, boosted by non-oil activities
Saudi Arabia’s gross domestic product (GDP) grew 1.1 percent in the second quarter, according to government estimates released on Monday,…
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ADNOC revises net-zero target to 2045, commits to zero methane emissions by 2030
UAE state oil giant Abu Dhabi National Oil Company said on Monday it was bringing its net-zero emissions goal forward…
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Oil heads for biggest monthly gain since early 2022 as market tightens
Oil headed for its biggest monthly gain in more than a year on signs the market is tightening, with estimates…
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SNB Capital to conduct market-making activities on Saudi Aramco: Saudi Exchange Co
Saudi Exchange Company announced on Thursday the approval of SNB Capital’s application for conducting market-making activities on Saudi Arabian Oil…
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Low-profile traders help ship half Russia’s oil exports to India, China
A Liberian-flagged oil tanker set sail in May from Russia’s Ust-Luga port carrying crude on behalf of a little-known trading…
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Saudi boards show preference for experienced directors with prior CEO roles
With Vision 2030 driving accelerated growth for companies in Saudi Arabia, the composition of company boards in the country is…
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Fed raises interest rates to highest in 22 years
The US central bank has raised interest rates to the highest level in 22 years as it fights to stabilise…
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