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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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    Shifting energy import patterns enhance China’s clout in the Middle East

    Subtle shifts in Chinese energy imports suggest that China may be able to exert influence in the Middle East in alternative and subtle ways that do not involve military or overt.

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    India Overtakes Britain as the World’s Sixth-Largest Economy

    Score one for the post-colonial underdog. India’s economy has reportedly overtakenthe United Kingdom’s for the first time in over 100 years, now standing as the world’s.

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    How Saudi Arabia can hurt India's economic growth

    Oil’s rally to $70 a barrel is threatening to clip India’s economic wings at a time when Saudi Arabia is looking to join a $30 billion refinery project in the world’s fastest.

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    Three-year Saudi blockade leaves Yemeni fishermen stranded

    In the port of this coastal city in western Yemen, hundreds of fishing boats, painted in bright blues and intricate patterns, are anchored – many of them docked since 2015.

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    Israel's Carrier Goes to Court Over Air India's Flights Through Saudi Airspace

    The Israeli government has lauded Air India’s new direct New Delhi - Tel Aviv route, which has been permitted to traverse the Saudi Arabian airspace. There is, however, one.

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    Donald Trump to unveil China trade sanctions

    President Donald Trump is likely to unveil sanctions against China tomorrow, the White House indicated today, as the officials from the US Trade Representative (USTR) said America has.

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    Iran invites Pakistan to participate in Chahbahar project

    Iranian Foreign Minister Dr Javad Zarif on Monday invited Pakistan to participate in Chahbahar seaport project and development of its link with Gwadar Port as he sought to allay concerns

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    Russia embraces Pakistan with gas and diplomacy

    As US influence in Islamabad wanes, former adversary Moscow is building military, diplomatic and economic ties that could upend historic alliances in the region and open up a fast-growing gas market

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    Syria's Aleppo expects Iran power boost soon

    The power supply in Syria's Aleppo will be boosted this year thanks to new capacity installed by Syrian ally Iran, a step towards reviving the industrial hub whose electricity grid has been.

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    India asks Saudi Arabia for ‘reasonable’ oil pricing

    India on Friday asked the world’s largest oil producer Saudi Arabia for a “reasonable” oil pricing that balances the interest of producer and consuming nations.

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    Bangladesh stock exchange approves China bid, rejects India offer

    Bangladesh has agreed to sell a large stake in its stock exchange to a Chinese consortium, an official said Tuesday, rebuffing a rival bid from India that raised political sensitivities.

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    Egypt to buy $15bn worth natural gas from Israel

    Egypt will purchase $15bn worth of natural gas from Israel. The deal which one analyst called a "coup for Israel will bring "billions of dollars to Israeli coffers". 

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