Business

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India’s $254 Billion IT Sector is Buoyed by the Global Banks’ Tech Revival

The $254 billion Indian IT sector, which receives around one-third of its revenue from clients in the banking, financial services, and...

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Protesters in Bangladesh are Still Powerful

The demonstrators in Bangladesh, who began their campaign last month against the reservations for the descendants of the country’s...

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Burjeel has Seen a 10.4% Increase in First-Half Revenues to Dhs 2.4 Billion

For the first half of the current year, which ends on June 30, 2024, Burjeel Holdings PLC, listed on the Abu Dhabi Securities Exchange...

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The Settlement of the Swiss Bribery Probe will Cost Glencore $152 Million

On Monday, Glencore announced that it would reimburse and fine the Swiss authorities approximately $152 million for their finding that the...

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Israel-Hezbollah Conflict: As Tensions Rise, more Airlines are Cancelling Flights and Avoiding Certain Areas of Middle Eastern Airspace

Following the deaths of senior Hamas and Hezbollah members this week, airlines are avoiding Iranian and Lebanese airspace and cancelling...

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Net Profit at Alpha Dhabi Soars 92% to Dh5.1b

Alpha Dhabi Holding, based in Abu Dhabi, reported a strong first-half performance on Thursday. Revenue increased by 32% to Dh29.3 billion,...

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As local Stocks Decline, the Indian Rupee Avoids a Record low Due to Probable RBI Intervention

The Reserve Bank of India’s possible intervention helped the Indian rupee hold above its record low on Friday despite pressure from...

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Flights to and From Tel Aviv are Suspended by Italy’s ITA Airways Until August 6

“Due to the geopolitical developments in the Middle East and to ensure the safety of its passengers and crews,” Italy’s...

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Due to Operational Reasons,” Several Flights from Dubai to India were Cancelled on July 31

Those passengers whose travel plans were cancelled were offered hotel accommodations or changed to other flights. On July 31, several...

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Data Centre Economy Growth is Envisioned by Digital Dubai

Digital Dubai has started putting the Strategic Vision for the Data Centre Economy in Dubai into practice by working with its partners in...

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