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First SPAC listed by Hong Kong has slow start in trading debut

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Bloomberg Aquila Acquisition Corp, the first special purpose acquisition company to list in Hong Kong, had a slow debut on Friday as few investors are qualified to trade the shares. The SPAC closed 3.2% lower at HK$9.68 after a session marked by only a few trades. The firm backed by CMB International Asset Management and AAC Mgmt Holding raised about ...

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UAE calls for peaceful, urgent solution to Ukraine conflict

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  MOSCOW / WAM His Highness Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, met on Thursday with Sergey Lavrov, Minister of Foreign Affairs of the Russian Federation, in Moscow. They discussed cooperation between the two countries and ways to enhance the bilateral strategic partnership in various fields. They exchanged views on key developments and ...

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Adnoc awards AED2.4b worth of deals to 5 local, global firms

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ABU DHABI / WAM Abu Dhabi National Oil Company (Adnoc) announced on Thursday the award of framework agreements valued at $658 million (AED2.4 billion) for cementing services as it continues to invest and enable drilling growth and expand its crude oil production capacity. The framework agreements were awarded to Haliburton Worldwide Limited Abu Dhabi (Halliburton), Baker Middle East (Baker), Emirates ...

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