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Al-Samarrai arrives in Kirkuk

The Head of the Azm Alliance, Muthanna Al-Samarrai, the Minister of Education, and a number of members of the House of Representatives arrived in Kirkuk.

Source: National Iraqi News Agency

Al-Samarrai arrives in Kirkuk

The Head of the Azm Alliance, Muthanna Al-Samarrai, the Minister of Education, and a number of members of the House of Representatives arrived in Kirkuk.

Source: National Iraqi News Agency

Oil Prices Dip as US Federal Reserve Cuts Rates

Oil prices slipped on Wednesday following a US Federal Reserve announcement to slash interest rates by 50 basis points.

Brent crude futures for November delivery fell five cents to $73.65 a barrel, while US crude futures for October delivery fell 28 …

AAIA: Cathay Airbus defects could cause major damage

The engine defect in the Airbus A350 plane that led to the cancellation of dozens of Hong Kong-based Cathay Pacific Airways’ flights in early September could have escalated into “extensive damage,” public broadcaster Radio Television Hong Kong report…

Alef Group launches Samr 1 neighborhood in Hayyan, Sharjah

SHARJAH: Sharjah-based Alef Group has announced the launch of Samr 1 neighbourhood, a new zone within the Hayyan development project.

The announcement of the new project follows the remarkable sale of 90 percent of the units in the Arim and Alma neig…

Saudi Central Bank cuts Repo rate by 50 bp to 5.5 pct

The Saudi Central Bank, in line with its objective of preserving monetary stability, decided Wednesday to reduce the rate of Repurchase Agreement (Repo) by 50 basis points to 5.5 percent.

The rate of Reverse Repurchase Agreement (Reverse Repo) was a…

ABB E-mobility Opens Regional Facility in Qatars Free Zones

Qatar Free Zones Authority (QFZ) and ABB E-mobility, a global leader in electric vehicles charging solutions, and the Public Works Authority (Ashghal), have officially opened the new ABB E-mobility facility in Umm Al Houl Free Zone.

In a statement, t…

Bank of England Keeps Interest Rates Unchanged

The Bank of England (the central bank) on Thursday kept interest rates unchanged at 5 percent , despite the significant 50 basis point cut by the Federal Reserve (the US central bank).

The Bank of England’s Monetary Policy Committee said in a stateme…

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