Economy
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China urges state firms to drop ‘Big Four’ auditors over data risk concerns
Chinese authorities have urged state-owned firms to phase out using the four biggest international accounting firms, signaling continued concerns about…
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G20 finance chiefs to address global economic threats
Top financial leaders from the Group of 20 leading economies are gathering in the south Indian technology hub of Bengaluru…
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‘Discover NEOM’ tour kicks off in Saudi’s Jeddah to promote $500 bln mega project
NEOM has kicked off its Discover NEOM tour in Jeddah to promote investment opportunities in the $500 billion mega project…
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Putin says sanctions creating ‘opportunities’ for Russian businesses
Russian President Vladimir Putin on Tuesday lauded the resistance of Moscow’s economy in the face of massive international sanctions, touting…
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Tanzania approves $3.5 billion oil pipeline project
Tanzania’s government gave its approval on Tuesday for the construction of a $3.5 billion crude oil pipeline, part of a…
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Dubai Airports traffic exceeds 66 mln passengers in 2022; 78 mln forecast for 2023
Dubai International (DXB) has registered a year of strong recovery and consistently robust growth in its customer base that propelled…
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Adani group’s combined market value drops below $100 bln as rout widens
The combined market value of Adani Group’s shares fell below $100 billion on Tuesday, a reflection that attempts to reassure…
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FTX unit in Japan becomes first to resume customer withdrawals
The Japanese subsidiary of Sam Bankman-Fried’s failed crypto exchange plans to reopen withdrawals on Tuesday, making itself the first of…
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Thailand to ban plastic waste imports from 2025 to cut pollution
Thailand is restricting plastic waste imports and will ban scrap shipments of the material starting in 2025, as officials seek…
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Dubai’s DIFC has about 60 hedge fund firms waiting to be licensed: Governor
The Dubai International Financial center (DIFC) has about 60 hedge fund firms, with north of a trillion dollars in assets…
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