Economy
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Ex US bank bosses call collapse ‘unprecedented’
The former bosses of two US banks that collapsed in March, sparking global fears over the state of the financial…
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Saudi crude exports falling in May after April jump, trackers say
Saudi Arabia’s crude oil exports have been falling in May, according to figures from two companies that monitor the shipments,…
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Saudi Arabia’s inflation in April unchanged at 2.7 pct
Saudi Arabia’s annual inflation rate was at 2.7 percent in April, unchanged from the previous month, driven mostly by housing rental…
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Head of Russia’s crime agency suggests nationalizing key parts of economy
The head of Russia’s federal crime agency on Saturday suggested that key sectors of the economy should be returned to…
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Real Madrid lose $440 million sponsorship battle with Abu Dhabi fund Mubadala
Real Madrid lose $440 million sponsorship battle with Abu Dhabi fund Mubadala Spanish soccer’s Real Madrid have lost a $440…
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IRENA in new initiative to boost youth-led renewable energy projects, start-ups
The International Renewable Energy Agency (IRENA) launched on Thursday a new initiative, the IRENA NewGen Renewable Energy Accelerator (NewGen), aimed…
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Iraq finalizes deal to resume Kurdish crude exports to Turkey
Iraq’s federal and Kurdish governments have finalized a deal to resume crude oil exports through Turkey pending a response from…
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Airport Show held in Dubai ends on high note with full global recovery in sight
The 22nd edition of the Airport Show, the world’s largest annual airport event hosted by Dubai, closed on a high…
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Dubai’s Emirates airlines says it reports a record $3 billion annual profit
Dubai’s Emirates airline on Thursday said financial year 2022-23 had been its most profitable so far, reporting an annual profit of 10.9…
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Dubai’s Emirates airline launches $200 million fund for R&D to reduce fossil fuel use
Long-haul carrier Emirates said Thursday it would create a $200 million fund for research and development projects aimed at reducing…
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