Economy
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China and US debt woes, supply chains may dominate G7 finance chiefs’ talks
China will be the elephant in the room at this week’s meeting of Group of Seven (G7) finance leaders, who…
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Pakistan rupee weakens to new record low after arrest of former PM Imran Khan
The Pakistani rupee weakened 1.3 percent to a new record low of 288.5 against the US dollar on Wednesday, a…
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Adnoc to sell 15 pct stake in logistics, shipping unit in Abu Dhabi IPO
Abu Dhabi’s main energy company will sell a 15 percent stake in its logistics and shipping unit in an…
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Goldman Sachs to pay $215m in sex discrimination case
Goldman Sachs will pay $215m (£170.5m) to settle claims that it discriminated against women, offering female staff lower pay and…
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UAE-India CEPA driving industrial output, kickstart new era of prosperity: Minister
The UAE Minister of State for Foreign Trade, Dr. Thani bin Ahmed Al Zeyoudi, shared the latest UAE-India trade figures,…
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Oil revenue lifts Oman to $1.2 bln budget surplus in first quarter
An increase in net oil revenue of 9 percent in the first quarter on higher oil prices and increased production…
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LinkedIn cuts more jobs, shuts down China applications
LinkedIn, the social media network owned by Microsoft Corp that focuses on business professionals, said on Monday it would cut…
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Dubai International Airport Q1 passenger traffic reaches 96 pct of pre-COVID levels
Dubai’s main airport registered a 55.8 percent increase in passenger traffic in the first quarter of this year compared to last…
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Saudi Aramco announces first-quarter net profit of $31.9 bln, down 19.25 pct
Saudi oil giant Aramco posted first-quarter net profit of 119.54 billion riyals ($31.88 billion) on Tuesday, a fall of about 19 percent from…
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Tata and IndiGo prepare to swoop on Go Air’s aviation assets
India’s biggest conglomerate and largest airline are in talks to take Airbus SE planes from Go Airlines India Ltd. after…
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