Dammam Times

Category : Business

Business

China pledges tech support, trade balance and market reforms

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BEIJING: China’s top economic and financial officials pledged expanded support for technology firms, a push toward more balanced trade and deeper capital market...
Business

India and Canada reset ties with trade and uranium deal

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NEW DELHI: India and Canada issued a joint leaders’ statement on Monday after talks between Prime Minister Narendra Modi and Canadian...
Business

Exus Renewables to buy 60% stake in Masdar Portugal wind

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ABU DHABI: Exus Renewables has signed an agreement with Abu Dhabi Future Energy Company PJSC, known as Masdar, to acquire a 60%...
Business

Bank of Korea holds 2.5% rate and rolls out dot plot

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SEOUL: South Korea’s central bank kept its benchmark interest rate unchanged at 2.50% on Thursday, maintaining the Base Rate as policymakers...
Business

Zimbabwe halts raw mineral exports and lithium shipments

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HARARE: Zimbabwe has suspended the export of all raw minerals and lithium concentrates with immediate effect, the  Ministry of Mines and Mining...
Business

India joins Pax Silica initiative, signs AI pact with US

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NEW DELHI: India joined the Pax Silica initiative on Feb. 20 by signing the Pax Silica Declaration and a bilateral addendum titled...
Business

India approves $1.1B venture fund of funds for startups

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NEW DELHI: India’s Union Cabinet has approved a new state-backed venture capital initiative, clearing the Startup India Fund of Funds 2.0 with...
Business

Air Arabia records 2025 profit, proposes 30 fils dividend

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SHARJAH: Air Arabia (PJSC) reported a record AED 1.8 billion net profit before tax for 2025 and said its board...
Business

UAE central bank clears DDSC dirham stablecoin launch

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CryptoWire, ABU DHABI: The Central Bank of the UAE has approved the launch of a UAE dirham-backed stablecoin called DDSC, enabling it to go...