Business
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Indian billionaire Mukesh Ambani sets succession plan in motion
The 65-year-old billionaire Mukesh Ambani has begun the early phases of succession planning at his energy-to-technology giant Reliance Industries Ltd,…
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CyberSecurity – A Threat to the Digital Acceleration in the Middle East
Cybersecurity attacks are a persistent issue, particularly for Middle Eastern businesses and organizations. These threats can halt operations, damage a…
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Vistara to expand its fleet to expand Middle East operations
Vistara, an India-based joint venture airline between the Tata Group and Singapore Airlines, is planning to introduce several more routes…
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Saudi Aramco reports greatest earnings since its 2019 IPO as oil prices surge
As global oil and gas prices continue to rise, profits at the state-owned energy company, Saudi Aramco increased by 82%…
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The US Dollar at a two-decade high before inflation data
The US dollar ($) remains at a two-decade high. Investors await new inflation data to determine how aggressively the Federal…
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US Senate passes NOPEC bill despite backlash from oil producers
The NOPEC (No Oil Producing and Exporting Cartels) Act was passed by a Senate subcommittee on Thursday with a 17:4…
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US FTC to probe Twitter for antitrust violations
Elon Musk’s $44 billion Twitter acquisition is allegedly being investigated by the US Federal Trade Commission (FTC) for possible antitrust…
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Amid concerns, OPEC signs deal to increase monthly oil output
As global markets tighten due to the EU’s consideration of barring Russian supply, OPEC (Organization of the Petroleum Exporting Countries)…
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Global chip shortage hurts tech and automotive industry alike
Due to a persistent shortage of chips and other essential ingredients, some of the world’s largest tech and automotive businesses…
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Russia Company Holds Gas Supply to Poland and Bulgaria over Rouble Payments
Gazprom, a Russian energy company, said today that it had cut off gas supplies to Bulgaria and Poland for failing…
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