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Hong Kong stocks rise fastest in world as crackdown ebbs

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Bloomberg Investors in Hong Kong’s stock market are rapidly losing their fear of President Xi Jinping’s regulatory crackdowns. The Hang Seng China Enterprises Index has rallied 10% since closing at a five-year low on October 6, the best performance among major global benchmarks tracked by Bloomberg. Alibaba Group Holding Ltd. has provided the second-biggest support to the gauge with a ...

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UAE, Iraq sign pact to promote, protect mutual investments

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ABU DHABI / WAM The UAE, represented by the Ministry of Finance (MoF), has signed an agreement to promote and protect mutual investments with Iraq, as part of its endeavours to strengthen and activate means of economic and investment cooperation with various countries of the world. The agreement, which was signed this morning at the ministry’s headquarters in Abu Dhabi, ...

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UAE surpasses US, UK to rank 11th in strongest nation brand

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DUBAI / WAM The UAE has been named the world’s 11th strongest nation brand, according to the latest Brand Finance Nation Brands 2021 report. It now ranks above the United States and the United Kingdom, among others. Breaking the Western monopoly at the top of the brand strength ranking — along with Singapore in 4th position — the UAE has ...

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