Business

Saudi Aramco
KNOC signs 5.3 million barrel oil storage deal with Aramco
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A possibility of a wider Middle East conflict
Global markets brace for fallout amid rising Mideast tensions
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The week was overshadowed by the growing conflict between Israel and Gaza
IMF countries fail to agree on US-backed plan to boost funding
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World Bank president Ajay Banga
World Bank president eyes longer, cheaper loans
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Morocco plans to spend $12 billion on the post-earthquake reconstruction plan
European Investment Bank to offer Morocco $1 billion euro loan
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Putin: OPEC+ members will fully fulfill commitments
Putin says OPEC+ coordination to continue
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Palestinians display Hamas militant flags
Israel freezes Barclays bank account linked to Hamas fundraising
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Yellen said the IMF's updated outlook showed the global economy was in a better place than expected at last year's annual meetings
Yellen says oil price cap has 'significantly' cut Russia's revenues
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King Abdullah Financial Centre in Riyadh
IMF lowers Saudi Arabia's growth forecast to 0.8% for 2023
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Tobias Adrian (2nd left), Financial Counsellor and Director of the Monetary and Capital Markets Department of the IMF
Senior IMF official: Morocco’s economy has performed quite well despite drought
Saad Guerraoui
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Will the conflict spread to embroil other countries, including Iran?
Investors on guard for oil price spike
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Many cancellations
Several airlines suspend flights after Hamas attack on Israel
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Israel has amassed forex reserves of more than $200 billion
Bank of Israel to sell up to $30 billion of forex to stabilise shekel
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US dollar and Japanese yen
Dollar rises on flight to safety amid Mideast unrest
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Gold is a perfect hedge against international turmoil
Attack on Israel could boost appeal of safe haven assets
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The move is also part of a broader push to de-dollarize Iraq's economy
Iraq to end all dollar cash withdrawals by January 1 2024
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