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  • 09, March 2022

    Inflation hits women hardest in male-dominated Turkey

    ISTANBUL: Battered by soaring food prices, inflation and a plunging currency, Sumeyye Alayumat is among millions of Turkish women battling poverty in addition to inequality and marginalization in a male-dominated society.

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  • 09, March 2022

    Russian economy hit by series of sanctions

    MOSCOW: From closed airspace to frozen assets and oil bans, Western countries have announced increasingly severe economic sanctions against Russia over its invasion of Ukraine.

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  • 09, March 2022

    McDonald’s, Coca-Cola, Starbucks halting Russia operations

    MOSCOW: McDonald’s, Coca-Cola and Starbucks on Tuesday bowed to public pressure and suspended their operations in Russia, joining the international corporate chorus of outrage over Moscow’s invasion of Ukraine.

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  • 09, March 2022

    Highway nightmare: DR Congo’s export route for high-value metals

    LUBUMBASHI, DR Congo: The 27 tons of copper slabs are securely lashed down on the back of Omar Rachidi’s tractor-trailer. Now all he has to do is drive the cargo to its destination.

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  • 09, March 2022

    CO2 emissions from energy sector rise by record 2bn tons in 2021: IEA

    PARIS: Global energy-related carbon dioxide emissions rose by six percent in 2021 to a record 36.3 billion tons, their highest ever level, the International Energy Agency said Tuesday.

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  • 09, March 2022

    Zain Group successfully participates in Mobile World Congress Barcelona

    BARACELONA/KUWAIT: Zain Group, a leading mobile innovator in seven markets across the Middle East and Africa, announced its successful participation at Mobile World Congress (MWC) that took place in Barcelona, Spain between 28 February to 3 March, after a four-year absence. 

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  • 08, March 2022

    Zain signs contract with KPTC to supply smart bus devices

    KUWAIT: Zain, the leading digital service provider in Kuwait, signed a contract with the Kuwait Public Transport Company (KPTC) to supply smart bus devices.

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  • 08, March 2022

    UBS reveals $200m exposure to Russia

    GENEVA: Swiss bank UBS said Monday it has under $10 million of loans outstanding to clients subject to sanctions imposed over Russia’s invasion of Ukraine.

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  • 08, March 2022

    Europe stocks jump; nickel strikes record above $100,000

    LONDON: European equities attempted to rebound yesterday from recent Ukraine-driven losses, while nickel prices rocketed to a record peak on Russian supply fears.

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