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MOE launches app to bolster trade ties with nations across the world

  Abu Dhabi / WAM The Ministry of Economy (MoE) launched an interactive and smart online application to strengthen the UAE’s economic and foreign trade relations with countries across the world. The platform will provide updated information on each country in relation with the UAE alongside its economic indicators, key figures, foreign investment agreements, and joint trade committees. This will also enhance ...

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Gulf rises in quiet trade, Egypt declines on profit taking

  DUBAI / reuters Gulf stock markets were mostly higher on Tuesday, buoyed by firm global equities, although trading volumes were generally thin and the Egyptian bourse fell on profit taking. Abu Dhabi was the top performer, climbing 1.2 percent on strong banking shares, with National Bank of Abu Dhabi up 1.9 percent. Aldar Properties rose 1.3 percent after its ...

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Drugmakers weigh on Indian stocks amid US regulatory concerns

  Bloomberg India’s benchmark index edged lower as drugmakers declined on concern US Food and Drug Administration regulations would hurt the companies. The S&P BSE Sensex dropped 0.1 percent at the close, while NSE Nifty 50 Index was down less than 0.1 percent, erasing an earlier gain of 0.2 percent. Divi’s Laboratories Ltd. fell 20 percent after saying the FDA ...

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