By Shadia Nasralla LONDON (Reuters) -Asset manager Legal & General plans to take the rare step of voting to oust…
Egypt to sell discounted bread to fight inflation
By Sarah El Safty CAIRO (Reuters) -Egypt’s government will start selling discounted bread to people not enrolled in its bread…
Take Five: Much to say in Tokyo (and Davos)
LONDON (Reuters) -Japan’s central bank looks set to raise its inflation forecasts and debate further policy tweaks, just as business…
Iranian oil exports end 2022 at a high, despite no nuclear deal
By Alex Lawler, Bozorgmehr Sharafedin and Chen Aizhu LONDON (Reuters) -Iranian oil exports hit new highs in the last two…
UAE pledges to invest $30 billion in South Korea -Yoon’s office
SEOUL (Reuters) – The United Arab Emirates (UAE) has decided to invest $30 billion in South Korea’s industries, South Korea’s…
Dubai property price rises seen slowing further in 2023 – Betterhomes
By Yousef Saba DUBAI (Reuters) – Residential property prices in Dubai are expected to rise at a slower pace in…
Key Israel business group seeks steep cut in food tax
By Steven Scheer JERUSALEM (Reuters) – Israel’s Manufacturers’ Association on Sunday proposed tax cuts on food along with a host…
Saudi inflation edges up to 3.3% in December
DUBAI (Reuters) – Saudi Arabia’s annual inflation rate ticked up to 3.3% in December from 2.9% in November, government data…
Qatar, UAE energy ministers say gas will be needed for long time
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Oil posts biggest weekly gain since October on China hopes, dollar slump
By Shariq Khan NEW YORK (Reuters) -Oil prices settled more than a dollar a barrel higher on Friday, notching their…