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    Fearing West's Wrath, Russia's Rich Look To Stash Wealth In Dubai

    Rich Russians are trying to shift some of their wealth from Europe to Dubai to shield assets from a tightening wave of Western sanctions on Russia over its invasion of Ukraine, financial and legal sources said.

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    Iran uses energy diplomacy to shore up regional alliances

    Energy is the "very significant" focus of the trip by President Ebrahim Raeisi to Qatar to attend a regional gas conference and boost political and trade relations with Persian Gulf countries. 

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    Rahul Bajaj: A look at the timeline of India's top Industrialist

    Rahul Bajaj, the man who made brand Bajaj a household name through scooter models like Chetak and Priya and the ubiquitous Bajaj three-wheeler auto, passed away at 83 on Saturday.

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    Iranian engineering firm wins major contract in India

    An Iranian engineering consultancy firm has been awarded a contract in India to carry out a major water management project east of the country near the Bay of Bengal.

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    Toyota To Domino's: Kashmir Controversy Entangles More Companies

    Global automaker Toyota Motor and fast food chain Domino's Pizza are among half a dozen companies that have apologized to India for social media posts from their Pakistani partners expressing support for Kashmir.

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    Iran’s economy reveals power and limits of US sanctions

    Today, no sector of Iran’s economy has been spared by Washington’s punitive measures, which helped propel the country into a two-year recession and continue to impact every aspect of day-to-day life.

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    India unveils higher spending for infrastructure in growth budget

    India's government will step up spending to 39.45 trillion rupees ($529.7 billion) in the coming fiscal year to build public infrastructure and drive economic growth, it said on Tuesday.

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    In a first, UAE to lift tax-free status, brings new rules on corporate earning

    The United Arab Emirates plans to introduce a federal tax on corporate earnings for the first time next year, in its latest step toward dismantling a levy-free regime.

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    Indian economy contracts by 6.6 per cent in 2020-21

    Indian economy contracted by 6.6 per cent in 2020-21 on account of outbreak of Covid-19 and subsequent nationwide lockdown to contain the coronavirus pandemic.

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    Iran offers rare glimmer of hope as $100 oil looms

    Oil prices are on track for their biggest monthly gain in almost a year following a series of retaliatory attacks by Yemeni forces in the UAE and Saudi Arabia.  

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    Lankan dash brand enters international markets

    Multichemi International Ltd, which manufactures and distributes a wide range of products under dash, one of Sri Lanka’s leading detergent and household care brands, has begun exporting its products.

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    ComBank named ‘Most Sustainable Bank in Bangladesh’

    Commercial Bank Bangladesh, Commercial Bank of Ceylon’s largest overseas operation, has been adjudged the ‘Most Sustainable Bank in Bangladesh’ at the close of 2021.

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    Trans-Caspian route may become alternative branch of Silk Road

    Chairman of the Board of the National Chamber of Entrepreneurs of Kazakhstan "Atameken" made the statement on the sidelines of the fifth meeting of the Turkic Business Council in Astana, Today.kz reported.

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    Trans-Asia rail linking India to Iran, Turkey gets on track

    A multi-nation conference on trans-Asia connectivity has opened in New Delhi to explore the possibility of a rail freight service connecting India with Iran and Turkey.

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    Qataris own more of London than the Queen

    The Telegraph said in a Friday report that Qatar has become one of the biggest landlords in the British capital over the past ten years, currently owning 24 million square feet of the city's prime real estate.

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    Saudi Arabia's Failed Oil War

    Saudi King Salman’s ongoing visit to Asia, through which he hopes to attract Japanese and Chinese investment in Saudi Arabia, is another indication of how committed the country is to reforming its economy.

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    India gold recycling plan fails to tempt households

    India's ambitious plan to recycle thousands of tonnes of gold lying idle in temples and households looks to have foundered on concerns over high costs and slight returns, in a blow to government hopes of cutting imports.

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    EAEU agrees to form free-trade zone with Iran

    The prime ministers of the Eurasian Economic Union (EAEU) have signed a directive ordering preparations for a temporary agreement on forming a free-trade zone with Iran.

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    10-nation ECO vows to combat terror at summit in Pakistan

    Established in 1985 for promoting economic, technical and cultural cooperation among the member states, ECO now comprises of a region that stretches from the Himalayas in the East to the West of Dardanelles from the Ara

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    Pakistanis Economically ‘More Free’ than Indians: Report

    The Washington DC-based Heritage Foundation recently published a report pertaining to the economic freedom around the globe, wherein Pakistan, albeit being quite low in ranking, beat India in what is its second.

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    Business world hopeful about Erdoğan's visit to Pakistan

    Turkish business world anticipates that trade and investments between Turkey and Pakistan will advance into a new phase with President Recep Tayyip Erdoğan's upcoming visit to Pakistan.

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    Tajikistan To Reach Arabian Sea Via Kashmir Route

    Pakistan is mulling a trade route linking land locked Central Asian Republic of Tajikistan to warm waters of Arabian Sea via parts of Kashmir it controls.Pakistan conveyed the decision to Tajikistan.

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    Reliance Jio racks up 100 million subscribers but ends freebies

    Reliance Industries' Jio telecoms unit will charge for its services from April, ending an almost seven month spree of free calls and data that shook up India's telecoms sector and helped the new arrival rack.

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    Iranian oil will not be stopped by Trump

    Despite new sanctions by the Trump Administration and an escalating war of words regarding its ballistic missile program, Iran is continuing to push ahead with plans to maintain oil production at around 3.8 million bpd.

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