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Business
UAE, Israel ink CEPA to boost bilateral trade to $10 billion in five years
The Minister of Economy of the United Arab Emirates, Abdulla Bin Touq, and the Minister of Industry and Economy of the State of Israel, Major General (Retd.) Orna Barbivay, have signed…
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Jordan uranium project offers lessons for regional mining ventures
Jordan's flagship uranium mining project was cited as a model project for mining initiatives in the region by a senior official of the International Atomic Energy Agency (IAEA), who…
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UAE, Egypt, and Jordan sign industrial partnership for economic growth
UAE, Egypt and Jordan have announced an Industrial Partnership for Sustainable Economic Growth in Abu Dhabi today to increase sustainable economic growth across five sectors in the…
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Dubai consolidates its position as global high-tech hub
Dubai Internet City (DIC), built in 2000, remains one of the world's preferred hubs for new economy companies. A number of high-growth, high-value-added, technology-enabled global…
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Pakistani rupee hits historic all time low of 200 against the US dollar
Pakistan's rupee (PKR) has reached an all-time historic low against the US Dollar on the open market. Pakistani media reported that PKR traded at 197.61 on Thursday on the interbank…
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World Economic Forum session emphasizes financial literacy
To achieve the Sustainable Development Goals, financial inclusion remains a prerequisite. It is the first step towards full personal and business wellbeing. Yet, more than half of the…
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For refusal to pay in rubles, Russia cuts off gas supply to Finland
Russian gas has been cut off to Finland, the third European country that refuses to accept ruble payments. Finland stopped receiving gas from Russia at 7 a.m. local time on Saturday,…
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Sri Lanka warns of food crisis as protests continue against Rajapaksa
As the island nation battles a crippling economic depression, Sri Lanka's newly appointed prime minister issued a warning of a food shortage, pledging to buy enough fertilizer to…
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Musk loses $12 billion in a day after slamming S&P ESG rankings
Tesla's share price collapsed erasing a large chunk of the wealth of the world's richest man Elon Musk. Musk's net worth has dropped to $218 billion as Tesla's shares are down 6.8%,…
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United States sanctions a Lebanese businessman over Hezbollah links
The United States Treasury Department has imposed severe sanctions against Hezbollah, specifically targeting the group's financial facilitator, Lebanese businessman Ahmad Jalal Reda…
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