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Israel-UAE trade to exceed $2bn in 2022 as nations sign first free trade deal
Israel and the UAE signed a free trade agreement on Tuesday, Israel's ambassador to the UAE, Amir Hayek, said on Twitter.
https://twitter.com/HayekAmir/status/1531511090168872960?s=20&t=VR0kBqfYbpSbwjtbytaIjw
The trade deal is…
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Shell greenlights $2.5bn Crux gas project off Australia
Shell Plc said on Monday it had given the go-ahead to develop the Crux gas field off Australia, which analysts estimated would cost around $2.5 billion.
Construction is expected to start in 2023 with first gas expected in 2027, which…
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EGX-listed Egyptalum to sell shares to Arab sovereign funds
Egypt Aluminum, also known as Egyptalum, is looking to sell shares to Arab sovereign funds, public enterprise minister Hisham Tawfik told Al Arabiya.
State-owned Egyptalum has been listed on the Egyptian stock exchange EGX since 1997 and…
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British reveal Zelensky’s lie about allegations of the wheat crisis
A Western newspaper published a report in which it claimed that Russia controlled the world's wheat, based on the statements of Ukrainian President Vladimir Zelensky.
A report published by the British newspaper "The Times" claimed that…
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Hilton to open 59 more hotels in Saudi Arabia in the next 10 years
Hilton Hotels & Resorts will add 59 more hotels across various asset classes in Saudi Arabia in the next five to 10 years. The hospitality group currently has 16 in the region.
In an interview on the sidelines of the Future…
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Youth take center stage at MISK pavilion at WEF
Saudi youth took center stage at the World Economic Forum (WEF) this week at the Mohammed bin Salman Foundation (MISK) pavilion in Davos.
The venue, titled the “Youth Majlis,” hosted several discussion panels involving Saudi ministers,…
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Crude firms on tight supply; US Oil investors back energy transition plans; Leuna reducing Russian…
Oil prices rose on Thursday, extending a cautious rally this week on signs of tight supply while the EU wrangles with Hungary over plans to ban imports from Russia, the world’s second-largest crude exporter, after it invaded Ukraine.…
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Bitcoin, Ether up; ECB says crypto a risk to financial stability; Central African Republic to launch…
Bitcoin, the leading cryptocurrency internationally, traded higher on Wednesday, down 1.93 percent to $29,891 as of 10:52 a.m. Riyadh time.
Ether, the second most traded cryptocurrency, was priced at $1,986, up 0.45 percent, according to…
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Iran and Oman agree to jointly develop shared oilfield
Iran and Oman have agreed to form a committee to jointly develop the Hengam oilfield, which straddles both countries’ sea border, Iran’s semi-official Fars news agency reported its oil minister Javad Owji as saying on Monday.
In 2005,…
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Gold edges up; Wheat falls, soybean firm; UK to impose duties of up to 29% on Chinese aluminum…
Gold edged up on Friday, heading for its first week of gains in five on persistent worries over economic growth and a weekly decline in the dollar.
A slide in US Treasury yields supported the safe-haven metal on the day, sending spot…
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