Economy
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Iran signs $900 mln deal with local firm to develop Kish offshore gas field
Iran signed a $900 million contract on Saturday with Iranian Offshore Engineering and Construction Co (IOEC) to develop the first…
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Bangladesh seeks extended oil credit from Saudi Arabia
Cash-strapped Bangladesh asked Saudi Arabia for extended credit on oil supplies, Dhaka’s foreign ministry said, as the South Asian nation…
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TotalEnergies pulls staff from Iraq in wrangling over projects: Sources
French oil major TotalEnergies is pulling its foreign staff from Iraq as it struggles to resolve challenges with Baghdad over…
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Dubai property transactions volume up 128 percent in Jan. 2023: Data
Dubai property transactions recorded more than a 128 percent year-on-year increase in volume by crossing 9,800 sales transactions last month, compared…
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Oil gains ground as traders size up weaker dollar, China outlook
Oil staged a partial rebound after slumping on Wednesday as the US dollar fell and traders weighed the potential for…
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Egypt’s current account deficit at $3.2 bln in July-Sept 2022: Central bank
Egypt’s current account deficit dropped to $3.2 billion in the first quarter of fiscal year 2022-23 from $4.0 billion in…
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Adani group losses snowball to $100 bln on shelved share sale, market turmoil
India’s Adani group shares sank on Thursday after market turmoil forced the conglomerate to axe a crucial $2.5 billion stock…
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Turkish exports rose 10 pct year-on-year in January: Trade minister
Turkey’s exports rose 10.4 percent year-on-year to $19.4 billion in January, Trade Minister Mehmet Mus said on Thursday, while imports…
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Air Arabia Egypt launches new route between Cairo and Jazan in Saudi Arabia
Air Arabia Egypt has announced the launch of its new route between Cairo to Jazan in Kingdom of Saudi Arabia,…
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Aviation safety hearing to be held by US House committee following flights disruption
A Federal Aviation Administration safety official, National Transportation Safety Board chair and head of the largest pilots union are among…
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