Economy
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Egypt’s consortium to import US shale gas, addressing natural gas shortage
One of Egypt’s largest petrochemicals companies plans within a consortium to import US shale gas to address a shortage in natural…
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Saudi Arabia uncovers seven new oil, gas deposits in Eastern Province, Empty Quarter
Saudi Arabia’s energy minister announced on Monday the discovery of seven oil and gas deposits in the Kingdom’s Eastern Province…
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Turbulence forces Air Europa flight to land in Brazil, injuries reported
An Air Europa Boeing plane made an emergency landing in Brazil Monday after several people were injured by “strong turbulence”…
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Turbulence at Washington Post with pressure from owner Jeff Bezos for profit
The prestigious Washington Post is in crisis, with pressure on from owner Jeff Bezos to change its money-losing ways. The…
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Warren Buffett donates record $5.3 billion Berkshire shares to charity
Warren Buffett donated another $5.3 billion of Berkshire Hathaway stock to the Bill & Melinda Gates Foundation and four family…
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Fire breaks out at Kuwait’s al-Zour refinery, production unaffected, KIPIC says
A limited fire broke out in a storage area belonging to Kuwait’s al-Zour refinery, but production was not affected, state-owned…
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India opposition party asks PM Modi’s govt. to question Foxconn’s hiring practices
India’s opposition Congress urged Prime Minister Narendra Modi’s government on Saturday to question Foxconn about its hiring practices after Reuters…
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European companies signing over $42 bln worth deals in Egypt, von der Leyen says
EU companies are signing investment deals potentially worth more than 40 billion euros ($42.85 billion) with Egypt, European Commission President…
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Israel extends cooperation between Israeli and Palestinian banks: Official
Israel’s finance minister has extended a waiver that allows cooperation between its banking system and Palestinian banks in the occupied…
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Japanese yen touches 38-year low as global stocks finish mixed
The yen, weakened by the Japanese government’s easy monetary policy, hit a 38-year low against the dollar on Wednesday, sparking…
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