Economy
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China is taking control of LNG amid boom in global demand
A rush by China to sign new long-term liquefied natural gas deals promises to give the nation even more control…
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Dubai government redeems $750 mln Islamic bond
The emirate of Dubai’s Public Debt Management Office has redeemed $750 million worth of Islamic bonds, or sukuk, issued on…
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Amazon calls staff back to office three days a week
Amazon will require all office staff to work in-person at least three days a week, ending a policy that left…
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UAE, India mark first anniversary of signing of landmark CEPA with series of events
Dr. Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, has marked the first anniversary of the signing…
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IEA head warns of tighter energy supply next winter
International Energy Agency (IEA) head Fatih Birol has warned of possible energy shortages next winter as relatively little new liquefied…
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Putin’s war in Ukraine to lop $190 bln off Russian economy in delayed reckoning
Russia avoided an economic debacle in the aftermath of President Vladimir Putin’s war in Ukraine, in what was an opening…
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India’s forex reserves see sharpest fall in more than 10 months
India’s foreign exchange reserves fell the most in more than 10 months on likely dollar sales by the country’s central…
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State-owned Tunisair reports 107 pct annual revenue jump
Revenue at state-owned Tunisair more than doubled last year, a stock exchange filing showed on Friday. The national carrier, which…
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Gulf IPO rush resumes as UAE oil giant ADNOC plans largest deal of 2023
The United Arab Emirates’ national oil company plans to raise $2 billion or more by listing its natural gas business…
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India inflation here to stay, more rate hikes expected: HSBC
A weak winter crop would potentially be bad news for India’s inflation. But a bumper crop won’t make it good…
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