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20 March 2025
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Saudi inflation jumps to highest in 30 years

Annual inflation in Saudi Arabia accelerated to 11.1 per cent in July, its highest level in at least 30 years, due

Oil price declines below $37 on unpleasant news from US

More bad economic news from the US sent oil prices tumbling yesterday, with a barrel of crude briefly fetching less

Mizin awards phase II of infrastructure works to Bin Laden and ERC

Mizin, the real estate development arm of Tatweer, has awarded Phase II infrastructure works on the Liwan, Arjan and

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Potential corruption probe at Batelco

  Bahraini officials are meeting with Bahrain Telecommunications Company (Batelco) on Wednesday to decide whether to

CMARK opens Middle East support office in Kuwait

CMARK International, which supplies facility and logistics support services to businesses and government departments,

Saudi inflation rises to 11% in July

Annual inflation in Saudi Arabia accelerated to 11.1 per cent in July, its highest level in at least 30 years, due

Call for tax rebates to boost steel industry

China should adopt more generous export tax rebates for steel products to bolster the industry, where losses are

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Mideast outperforms global RevPAR

The hospitality sector in the Middle East continued to outperform the Asia Pacific, Americas and the European markets

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Copper up amid choppy trading

Copper futures rose one per cent yesterday, with prices in London and Shanghai reversing early losses in a choppy

Weak pound boosts UAE tourist flow to UK

The dwindling value of sterling pound against the UAE dirham has turned out to be an attractive proposition for

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Top of table clash

  Indian Premier League leaders Kings XI Punjab pay a visit to third-placed Chennai Super Kings on Saturday in a top of

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Arab markets fluctuated but made investors richer by $31bn in two months

(PATRICK CASTILLO)        Arab stock markets seesawed up and down on a daily basis in the first two months of this year