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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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US crude oil exports to India hit a record in June and so far this year are almost double last year's total as the country's refiners move to replace supplies from Iran and Venezuela in a win.
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In recent years, Saudi Arabia has taken major steps to make the "Saudization" process a reality, however, it seems as though it hasn't been going as planned.
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When reports emerged that India and China are in talks about forming an oil buyers’ club, OPEC was probably too busy with its upcoming June 22 meeting to concern itself with that dangerous alliance.
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China pledges retaliation as US tariffs on $34 billion in Chinese imports take effect, putting the world's two biggest economies on a high-stake road towards all-out trade conflict.
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Pakistan was officially placed on a terrorism financing watchdog’s grey list on Wednesday, failing the country’s efforts to avoid the designation, diplomatic sources claimed.
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The United States warned Tuesday that countries around the world must stop buying Iranian oil before Nov 4 or face a renewed round of American economic sanctions.
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China will cut import tariffs on soybean and some other goods from India and four other Asian nations from July 1, China's Cabinet announced today, amidst a looming trade war with the US.
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The Gulf crisis that pits a United Arab Emirates-Saudi-led alliance against Qatar is escalating in discreet but no less worrisome ways that effect major third-party commercial interests.
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Iran says it has launched a train service to Turkey’s Van after a hiatus of about three years with officials expressing hope that it would help increase the number of tourists travelling on either.
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A survey at the recent meeting of the World Economic Forum (WEF) in Davos showed that 60 percent of the businessmen and political leaders attending the annual gathering expressed lack of confidence in the prevailing.
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The Indian government is likely to announce a bailout package of more than over 70 billion rupees ($1.04bn) to the cash-starved sugar mills to help clear dues to farmers, the Times of India reported.
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The Dubai Land Department (DLD) recorded 69,069 real estate transactions with a total value exceeding Dh285 billion ($77.6 billion) in 2017, including Dh107 billion ($29.15 billion) investment.
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