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17 May 2025

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IMF to Qatar: Loosen the peg

    Qatar has a bright economic outlook due to high oil prices but is at risk from inflation, and one way to contain

Typhoon Rammasun: Singapore Airlines; hole in wing

Tropical Storm Risk, which monitors cyclones, labelled Rammasun a category-two storm on a scale of one to five as it

Iran rial plunges 7% to new low

The Iranian rial plunged more than 7 per cent in open-market trade on Monday to a new all-time low of about 32,000 per

Officials prepare for joint UAE-India meet

Senior Emirati and Indian officials met in Abu Dhabi on Sunday to hammer out agenda of the 10th meeting of UAE-India

Listed firms told to open up

The Abu Dhabi Securities Exchange (ADX) has urged listed companies to open up to foreigners to support the country's

Goldman, QNB arrange loan for Travelex acquisition

Goldman Sachs and Qatar National Bank (QNB) are arranging a $800 million loan to help Abu Dhabi-based entrepreneur BR

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Istithmar sells Spicejet shares

Dubai's Istithmar on Tuesday sold its 6.9 percent stake in Indian low-cost carrier SpiceJet for $25.3 million (Dh92.85

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Finance House posts profit

Abu Dhabi Exchange-listed Finance House has posted a net profit of Dh62.13 million ($16.91 million) for the first half

UAE welcomes announcement of humanitarian pause in Gaza and expresses hope of a permanent ceasefire

The UAE has welcomed the announcement of a humanitarian pause in the Gaza Strip, and the agreement to exchange

UAE mediation efforts succeed with new exchange of 410 captives between Russia, Ukraine

The United Arab Emirates has announced the success of mediation efforts in a new exchange of war captives between the

Kuwait set to revive bourse regulator bill

Kuwait's commerce and industry minister will brief a parliamentary committee on Thursday to revive plans to set up a

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Asia stiffens resolve to resist capital inflows

Asian governments reached for policy tools and rhetoric on Tuesday to resist capital inflows that are boosting their