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India’s sensex falls, erasing earlier gains, as telecoms weigh

Bloomberg Indian stocks fall, with the benchmark gauge set for its longest string of losses in six months. The S&P BSE Sensex dropped 0.3% to 37,611.34 as of 1:36 pm in Mumbai, erasing an earlier gain of as much as 1%. The NSE Nifty 50 Index lost 0.5% as both measures headed for a fifth day of declines. A measure ...

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UAE health ministry officials get first dose of Covid-19 vaccine

Sharjah / WAM In line with the Ministry of Health and Prevention’s (MoHAP’s) plan to get frontline health workers vaccinated against the coronavirus, a number of health officials have taken the first dose of Covid-19 vaccine. Following the UAE’s authorisation of the use of the vaccine by frontline workers, MoHAP has also started administering the vaccine to medical and nursing ...

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Mubadala, Barings partner on $3.5b financing platform

ABU DHABI / WAM Barings, one of the world’s leading financial services firms, on Tuesday announced that it has formed the Barings Mubadala Enterprise (BME) – an evergreen origination platform seeking to provide financing solutions to European middle-market businesses. BME and its capital partners aim to provide $3.5 billion in financing over the next 18 months to help meet growing ...

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