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An explosion from a hand grenade hit the headquarters of Iraqi parliament speaker Mohammed Halbousi’s Taqaddum party in Baghdad early on Friday wounding two guards, police sources said. The blast caused damage to the building’s doors and…
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Four hikes in the US interest rate, as well as the sale of the Federal Reserve’s assets, are expected this year, Goldman Sachs Group said. The balance sheet runoff process – which is the reduction of an entity’s assets – could take place…
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Major Chinese energy companies are in advanced talks with US exporters to secure long-term liquefied natural gas (LNG)supplies, as soaring gas prices and domestic power shortages heighten concerns about the country’s fuel security, several…
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The Saudi authorities announced the arrest of an Egyptian national who practiced beautifying camels in order to increase their price. And the Saudi Public Security said, in a statement: “The inference procedures of the Al-Ahsa…
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Gasoline prices in Egypt have been raised by 3.6 percent effective today due to a global increase in the price of crude oil, the country’s official gazette reported. The prices of 80-octane, 92-octane and 95-octane petrol were all raised…
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Cartona, the Egypt-based B2B platform connecting retailers to manufacturers and wholesalers, has successfully raised $4.5 million in its latest funding round, led by Global Ventures, MAGNiTT reported. Kepple Africa Ventures, T5 Ventures,…
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French cloud computing services provider OVHcloud said it was hoping to raise 400 million euros ($468.64 million) via the issuance of new shares as part of a planned initial public offering (IPO) on the Paris stock market. OVHCloud hopes…
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Lebanese fuel prices are expected to double after the state decided on Saturday to change the exchange rate used to price petroleum products in a bid to ease crippling shortages that have brought Lebanon to a standstill. Amounting to a…
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Jeddah-based accommodation platform Mabaat has secured SR9 million ($2.4 million) in a seed funding round, as it aims to build on its contribution to Saudi Arabia’s tourism goals. The Saudi startup provides a platform for property owners…
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OPEC+, the oil producers alliance led by Saudi Arabia and Russia, has agreed a schedule of output increases to meet growing demand as the global economy recovers from the pandemic recession. A special meeting arranged in Vienna endorsed…
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