Economy
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Abu Dhabi’s Mubadala to focus on Asia with eye on China recovery
The head of Mubadala Investment Co. said Asia will be an area of focus for the Abu Dhabi sovereign wealth…
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India-UAE partnership summit boosts economic ties between the two countries
In efforts to promote and boost business relations between India and the UAE, the International Business Linkage Forum (IBLF) together…
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Dubai crypto investors cautiously optimistic as confidence recovers from FTX fiasco
Cryptocurrency investors in Dubai are cautiously optimistic for the year ahead as their confidence, hit by the collapse of FTX,…
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Turkey monthly house sales down 8.2 pct; Russians top foreign buyers again
Turkish home sales fell 8.2 percent year-on-year in December to 207,963 houses, with sales to foreigners dropping 18.6 percent, data…
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Meme stock billionaire’s Alibaba wager risks clash with Beijing
Ryan Cohen enthralled a generation of stock market punters by placing counter-intuitive bets on household names from GameStop Corp. to…
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OPEC chief is ‘cautiously optimistic’ on global economy
OPEC’s top official said he’s “cautiously optimistic about the outlook for the global economy,” as a recovery in oil demand…
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Data finds UK unemployment stable, wages slammed by inflation
UK unemployment is steady, but wages have tanked further, official data showed Tuesday, as sky-high inflation sparks a cost-of-living crisis…
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Egypt to roll out program for cheaper bread prices as inflation worsens
Egypt will roll out a program to allow people not covered by its state support program to buy bread at…
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Nissan, Renault on track to complete deal to revamp two-decade alliance
Nissan Motor Co.’s independent directors have agreed to proceed with a deal to rebalance the Japanese carmaker’s two-decade alliance with…
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Businessman bids $2.66 million for VIP Ronaldo vs Messi ticket
A businessman bid $2.66 million (10 million riyals) for a VIP ticket to a football match in Riyadh that will…
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