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  Cargo plane carrying nine people crashes in Iran

  Reuters . Dubai | Updated at 12:37pm on January 14, 2019

  A Boeing 707 cargo plane with nine people on board crashed on Monday near Iran's Fath airport, west of the capital, Tehran, the semi-official Fars...

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  Saudi passes bond test

  Reuters . Dubai | Updated at 12:00am on January 11, 2019

  Saudi Arabia drew a strong response on Wednesday in its first test of international bond market sentiment since coming under intense scrutiny in October from...

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  Saudi private jet industry stalls after corruption crackdown

  Reuters . Dubai | Updated at 12:00am on January 10, 2019

  A crackdown on corruption in Saudi Arabia has severely dented the kingdom’s private jet industry in a sign of the impact the campaign has had...

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  Iran’s central bank proposes slashing 4 zeros from falling currency: IRNA

  Reuters . Dubai | Updated at 12:00am on January 07, 2019

  Iran’s central bank has proposed slashing four zeros from the rial, state news agency IRNA reported on Sunday, after the currency plunged in a year...

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  Kuwait reiterates request to Dubai to release $496m frozen funds

  Reuters . Dubai | Updated at 12:00am on January 07, 2019

  Kuwait reiterated its request to Dubai to release $496 million in frozen funds held for over a year and belonging to Port Fund, part of...

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  ‘FIFA should expand 2022 WC to 48 teams’

  Reuters . Dubai | Updated at 12:00am on January 03, 2019

  FIFA should if possible increase the size of the soccer World Cup in Qatar in 2022 to 48 from 32 teams, the global governing body’s...

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  Dubai 2019 budget to slow spending growth, sees small revenue rise

  Reuters . Dubai | Updated at 12:00am on January 02, 2019

  Dubai expects to slow the growth of state spending this year but continue spending heavily on infrastructure as it prepares to host the Expo 2020...

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  Saudi king reshuffles cabinet, appoints new foreign minister

  Reuters . Dubai | Updated at 07:45pm on December 27, 2018

  Saudi Arabia’s King Salman bin Abdulaziz Al Saud has appointed Ibrahim al-Assaf as the new foreign minister in a cabinet reshuffle, state media reported on...

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  Rouhani presents Iran budget, says US sanctions to hit lives, growth

  Reuters . Dubai | Updated at 12:00am on December 26, 2018

  Iran’s president Hassan Rouhani on Tuesday presented a $47 billion state budget, about a third of it consisting of subsidies for low income groups, saying...

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  Suicide car bomber kills 3 in Iran

  Reuters . Dubai | Updated at 12:00am on December 07, 2018

  At least three people died and 24 others were injured in a suicide car bomb attack on the police headquarters in Iran’s southeast on Thursday,...