Economy
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Saudi non-oil, private sector activity growing at highest rate in over a decade: Min
Saudi Arabia’s Minister of Economy and Planning, Faisal Alibrahim, said on Thursday, the Kingdom’s non-oil and private sector activities are…
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Goldman sees modest downside risk to oil prices from steady Russian production
Goldman Sachs on Wednesday said that the current resilience in Russian oil production, if sustained, places only moderate downside risk…
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Saudi Arabia will continue to tap non-traditional sectors for jobs: Minister
Saudi Arabia’s economy minister said on Wednesday the Kingdom would continue to tap into non-traditional sectors like entertainment and esports…
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Saudi Aramco acquires trading arm of US refiner Motiva
Saudi Aramco has acquired the trading arm of US refiner Motiva Enterprises LLC as the state-owned oil giant expands its…
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Saudi Aramco sees oil demand picking up on China and aviation recovery
The world’s biggest oil company is confident demand will pick up strongly this year as China reopens its economy and…
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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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