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Posted on July 21, 2020

Azerbaijan’s SOCAR Methanol increases production in 1H2020

Azerbaijani Embassy to Serbia issues statement on Armenia’s use of Serbian-made weapons during offensive in Tovuz Politics 18:56 …

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Posted on July 21, 2020

North Korea loses access to foreign cash as China trade drops 70%

“But people can’t travel to have business meetings, so it’s difficult to foresee a complete recovery in trade,” said the executive. Last month, North Korea destroyed a joint liaison office shared …

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Posted on July 21, 2020

Saudi Arabia’s Al Othaim Family Said to Plan IPO for Malls Unit

Saudi Arabia’s Al Othaim family plans to sell shares in its malls business in a deal that could value the company at between $1.5 billion and $2 billion, according to people familiar with the matter.

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Posted on July 21, 2020

Iraq increases oil exports in July, still pumps above OPEC+ target

Southern Iraqi exports in the first 20 days of July averaged 2.70 million bpd, according to the average of figures from Refinitiv Eikon and two industry sources.

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Posted on July 21, 2020

Western Union Teams With TrueMoney To Enable Money Transfers To Philippines

here in the Philippines and across the world,” said Jeffrey Navarro, Western Union’s head of network, in a statement. “We are continuously adapting our operations and business to offer customers the …

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Posted on July 21, 2020

India, US need to sit down on negotiating table for free trade agreement: Piyush Goyal

The US has also raised concerns over trade deficit with India. Further the minister stated that the government is taking several steps to further improve the business climate to attract investors. He …

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Posted on July 21, 2020

India, U.S. closing in on a trade deal: minister

India and the United States are closing in on a trade deal, India’s Commerce Minister Piyush Goyal said on Tuesday, after two years of negotiations.

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Posted on July 21, 2020

UAE companies see Covid-19 a ‘catalyst for change’

Almost 80 percent of companies in the UAE have admitted to being “strongly impacted” by the ongoing coronavirus pandemic, according to the latest report from banking giant HSBC. The ‘Building Back …

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Posted on July 21, 2020

Is the UAE Likely to Introduce Corporate Taxes?

in an interview with Dubai-based news site Arabian Business, businesses took note. He suggested that the step to institute corporate tax was inevitable and unavoidable if UAE governments are to …

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Posted on July 21, 2020

Tapping Into Opportunity: How Businesses In Dubai Are Accessing New Markets And Verticals Through COVID-19

When the COVID-19 pandemic disrupted the global trade landscape, Dubai Chamber and its 245,000 members have had to adapt to a new reality that requires them to explore those new opportunities in a …

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