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The UAE is looking to become Russia’s first trading partner in 2022
In this episode, we discuss: the UAE is discussing with Russia promising projects in the field of technology, food and medical security; The euro is less than the dollar. What are the causes and consequences? The United States lifts…
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Crypto trading app OKX granted UAE license, set to open Dubai hub
OKX, the world’s leading cryptocurrency trading app, announced today it has been granted a provisional virtual assets license to provide services to qualified investors in the UAE, a company statement said.
OKX’s provisional license for…
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Gold falls against the rise of the dollar due to record inflation in the United States
American media reported, Thursday morning, a significant decline in gold prices, against the background of the dollar’s rise against other global currencies.
And the American “Bloomberg” agency, quoting trading data, stated that the…
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Suez Canal for Technology Settling reports $27.4 million profit over 9 month period
The Suez Canal for Technology Settling has reported a consolidated profit of roughly EGP 517 million ($27.4 million) during the nine-month period ending May 31st.
According to financial statements filed with the Egyptian Exchange on…
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UBS promotes Iqbal Khan to steer wealth management
UBS, the world’s biggest wealth manager, on Tuesday named Iqbal Khan the sole head of the Swiss bank’s global wealth management division in an executive board reshuffle.
Khan, who joined Switzerland’s biggest bank in 2019 to co-head its…
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Dubai’s Select Group buys luxury hotel in the UK
Select Group, a Dubai-based developer, has acquired a luxury hotel in the United Kingdom, the Chester and District Standard reported on Wednesday.
The Mere Golf Resort and Spa in the English town of Knutsford has 81 guest bedrooms, an…
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Inflation in America jumps to its highest level in 41 years
The US Bureau of Labor Statistics reported on Wednesday that US shoppers pushed up prices sharply for a variety of goods in June.
The Consumer Price Index, a broad measure of everyday goods and services related to the cost of living, rose…
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Saudi ports cargo volumes jump 16.1 percent to 27m tons: Mawani
Saudi Arabia’s ports witnessed a 16.1 percent increase in cargo throughput volumes in June 2022 compared to the same period a year before, according to the latest release by the Saudi Ports Authority, also known as Mawani.
According to…
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Crude up after slipping below $100; Libya to replace NOC chairman; Germany to stop buying Russian…
Oil edged up on Wednesday, a day after it fell through $100 a barrel for the first time since April, while traders looked toward US inflation data that could weaken the market.
Brent crude futures were up 24 cents, or 0.2 percent, at…
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Dubai approves $11.98 million worth of social benefits for Emirati people of determination
The Dubai government has approved $11.98 million (Dh44 million) worth of new social benefits for Emiratis with disabilities in the emirate.
The benefits will be available for those under 60, who have physical or mental impairments and…
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