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Australia’s Central Bank Reduces Cash Rate to 3.60 Percent

Sydney: Australia’s central bank on Tuesday reduced its main cash rate by 0.25 percentage points, bringing it to a two-year low of 3.60 percent. The decision was made in response to a slowdown in inflation and a more flexible labour market, though the…

Yalla Group’s Revenues Reach AED310.7 Million in Q2

Abu dhabi: Yalla Group Limited on Tuesday announced its financial results for the second quarter (Q2) of the fiscal year 2025, reporting revenues of AED310.7 million (US$84.6 million), up 4.1 percent year-on-year. Net income rose sharply to AED134.1 m…

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