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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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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, 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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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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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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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'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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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 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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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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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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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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The rivalry between Saudi Arabia and Iran is becoming increasingly evident in the oil pricing policies of the two large Middle Eastern producers. The two countries are currently reigniting.
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President Recep Tayyip Erdogan said Turkey would boycott US electronic goods after Washington announced punitive sanctions over the detention of an American pastor.
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Russia, Iran, Kazakhstan, Turkmenistan and Azerbaijan signed a landmark convention on the legal status of the Caspian Sea in the Kazakh city of Aktau on Sunday, after over two decades of negotiations
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As the United States is preparing for the snapback of economic sanctions against Iran, the country has unveiled a much-awaited package of policies that it expects to help strengthen its national.
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The general manager of the Trump International Hotel in Manhattan had a rare bit of good news to report to investors this spring: after two years of decline, revenue from room rentals went up 13.
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China has rejected a demand by the United States to cut Iranian oil imports, according to Bloomberg news agency, which cited two officials familiar with the negotiations.
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Iranian President Hassan Rouhani is warning that regional oil supplycould be jeopardised if the US manages to get its allies to stop buying Tehran's oil.
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fter Pakistan’s recent election, Imran Khan and his Pakistan Tehreek-e-Insaf (PTI) party are now forming a new government. As usual, it will be greeted by an economic crisis.
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Saudi Arabia announced last week it was suspending oil shipments through the Red Sea’s Bab-el-Mandeb strait after Yemen's Iran-aligned Houthis attacked two ships in the waterway.
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The fastest-growing oil region in the U.S. is fueling not only the second American shale revolution—it's fueling a subculture of drug and alcohol abuse among oil field workers.
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Riyadh has temporarily suspended all oil shipments through the Bab el-Mandeb Strait after Yemen’s Houthi Ansarullah movement launched retaliatory attacks on a Saudi warship and a vessel.
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Under pressure from US President Donald Trump, Saudi Arabiahas rushed to boost oil production -- only to discover that global markets might not yet need it.
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