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Global stocks mixed, gold rises amid geopolitical tensions

  Bloomberg Stocks were mixed on Tuesday and the price of gold rose as investors monitored geopolitical risks — from North Korea’s rumblings over the US to major powers’ plan to put pressure on Russia over the Syrian war. Germany’s DAX edged 0.1 percent lower to 12,194 and the CAC 40 of France was 0.2 percent higher at 5,116. Britain’s ...

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Dubai private sector rounds off strongest quarter since 2015

  DUBAI / WAM The Emirates NBD Dubai Economy Tracker said that March data signalled a sharp improvement in business conditions across Dubai’s private sector economy, with output, new orders, employment and stocks of purchases all expanding at a faster pace than in the preceding month. This was highlighted by a rise in the NBD Dubai Economy Tracker Index, a ...

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Arab countries account for 15.5 percent of world gas production

  KUWAIT / WAM The Arab region now produces 15.5 percent of the world gas production, an increase of 11.8 percent from the year 1980’s levels, according to the Organisation of Arab Petroleum Exporting Countries, (OAPEC). Kuwait News Agency quoted Engineer Wael Abdul Mo’ti, gas industries expert at the Technical Affairs Department (OAPEC) as saying that Arab countries’ natural gas ...

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