Saturday 21 July 2018
 
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Emirates chief denies Etihad merger claims

Speculations about a possible merger between Emirates and Etihad have been dismissed by the chairman and CEO of the Dubai-based airline, Shaikh Ahmad Bin Saeed Al Maktoum, said a report. “I don’t think the government i

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Commit to implement demands, Quartet tells Qatar

Qatar must commit to implement the 13 anti-terror demands made by the four Arab states that have imposed sanctions on the country before talks can begin, the quartet said yesterday. Saudi Arabia, the UAE, Bahrain and Egypt express

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UAE joins GCC-EU trade talks

The UAE participated in the first trade and investment dialogue between the GCC and the European Union (EU), which concluded yesterday (May 17) at the headquarters of the council’s general secretariat in Riyadh, Saudi Arabia.

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Bahrain holds talks with Oman, Egypt, and Jordan during ITB

Zayed bin Rashid Al Zayani, Bahrain's minister of Industry, Commerce, and Tourism, held talks with his Omani counterpart Ahmed bin Nasser Al Mehrzi during ITB held in Berlin, discussing further development of tourism ties between both countr

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Oil prices slip as focus shifts to details of Opec deal

Oil prices slipped on Thursday as investors questioned whether an Opec agreement to curb oil production - the group's first such deal since 2008 - would be enough to rebalance a heavily over-supplied world market. The Organiza

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Oil prices slip as focus shifts to details of Opec deal

Oil prices slipped on Thursday as investors questioned whether an Opec agreement to curb oil production - the group's first such deal since 2008 - would be enough to rebalance a heavily over-supplied world market. The Organiza

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Opec urgent meeting likely if consensus reached in Algiers

Opec members may call an extraordinary meeting to discuss oil prices if they reach consensus during an informal gathering in Algiers this month, Opec Secretary-General Mohammed Barkindo said during a visit to Algeria, the country's state new

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Saudi Oger faces multi-billion-dollar debt restructuring

The Saudi Arabian government has ended talks aimed at saving construction giant Saudi Oger, which is now facing the prospect of a multi-billion-dollar debt restructuring to stave off collapse, according to sources aware of the matter.

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Oil pares gains after Saudi, Russia sign pact

Crude oil futures pared gains on Monday after top producers Russia and Saudi Arabia said they have agreed to cooperate on stabilising the oil market, including limiting output. Brent crude futures for November delivery were up $1.

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US, Russia fail to close deal on ending Syria violence

The United States and Russia failed on Friday to reach a breakthrough deal on military cooperation and a nationwide cessation of hostilities in Syria, saying they still have issues to resolve before an agreement could be announced.

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