The Egyptian government forms a specialized advisory committee concerned with increasing oil production
The Egyptian Minister of Petroleum and Mineral Resources, Karim Badawi, announced today, Tuesday, the formation of an advisory committee...
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Industries Qatar profits up 12% in H1
Industries Qatar’s net profit rose 12% in the first half of this year to about QAR 2.3 billion (about $632 million), despite a decline in...
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UK unemployment rate unexpectedly falls as wage growth slows
The UK unemployment rate unexpectedly fell to 4.2%, while wage growth slowed to its lowest level in nearly two years, official data...
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Gulf States, Turkey Start Free Trade Negotiations
The first round of negotiations on the free trade agreement between the Gulf Cooperation Council countries and Turkey will begin in the...
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Aldar Properties achieves $900 million in profits in 6 months
Abu Dhabi-listed Aldar Properties PJSC (ADX:ALDAR) has announced its first-half results for the current year, with net profit (after tax)...
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National Bank of Kuwait profits rise 11% in Q2 2024
The net profits of the National Bank of Kuwait increased during the second quarter of this year. The financial results announced by the...
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Al-Jadaan: We support the international tax cooperation agenda
Saudi Finance Minister Mohammed bin Abdullah Al-Jadaan said that despite the remarkable recovery in the global economy, it is still below...
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Egypt looks forward to IMF approval of third review
Finance Minister Ahmed Kouchouk said that Egypt is dealing with complex geopolitical repercussions with great balance, within the...
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G20 agrees to work together on taxing the richest
The G20 nations agreed to work together to tax the richest people but failed to reach agreement on a global tax system, according to a...
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Algerian President: Algeria's economy jumped to third place in Africa
Algerian President Abdelmadjid Tebboune stressed that his country has embarked on deep and structural reforms to correct imbalances in...
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By up to 15%... Egypt raises fuel prices
On Thursday, Egypt raised the prices of a wide range of fuel products, four days before the International Monetary Fund conducted a third...
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Borouge Emirates signs an agreement to establish a polyolefin production complex in China
Borouge, an Emirati company, announced on Tuesday that it has accelerated the implementation of its growth plans in major Asian markets...
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The Saudi Investment Fund appoints a new head of investment strategy
The Saudi Public Investment Fund, which manages about $925 billion, said on Tuesday that it had appointed Fahd Al-Saif as the new head of...
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Kuwait Finance House's profits increased by 4% during the second quarter
The net profits of Kuwait Finance House Bank (KFH) rose on Tuesday, by about 4.1 percent in the second quarter of this year, recording...
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Berkshire sells about $1.48 billion in Bank of America stock
Berkshire Hathaway sold about 33.9 million Bank of America shares for about $1.48 billion during multiple transactions this week, a...
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Beijing sets a record in its foreign trade of $256 billion in 6 months
The Chinese capital, Beijing, recorded a record high in its foreign trade of 1.83 trillion yuan (about $256.61 billion) in the first half...
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China's oil imports: an increase from Russia and a decline from Saudi Arabia
China's total imports of crude oil from Russia, its largest supplier, increased in the first half of this year by five percent, as...
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Moody's raises Turkey's credit rating
On Friday, Moody's credit rating agency raised Turkey's credit rating by two notches at once from "B3" to "B1" and maintained its future...
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Egyptian "Halan" raises $157.5 million in new financing
The Egyptian microfinance and payments company MNT-Hala said on Friday that it has obtained additional financing worth $157.5 million as...
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Amid a global technical crisis... European stocks are declining
European stocks fell on Friday, and are heading towards incurring weekly losses, affected by the decline in commodity prices and the...
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