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World
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Region
6/21/2023 10:21:31 PM
Iraq's president on Wednesday approved a record $152 billion budget that the parliament voted on earlier this month and which adds about half a million public sector jobs drawing criticism from the International Monetary Fund (IMF) for over-optimistic projections.
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Business
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Energy
6/6/2023 4:44:17 PM
The World Bank has significantly improved its outlook for the Russian economy this year due to stronger-than-expected revenues from energy exports to countries including India and China.
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Al-Ahram Weekly
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Egypt
6/1/2023 12:28:00 AM
Egypt’s parliament has approved a new package of tax reforms aimed at increasing revenues.
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Business
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Energy
5/16/2023 1:23:54 PM
Russia's oil exports rose in April to the highest level since the war in Ukraine, boosting revenues by $1.7 billion despite Western sanctions, the International Energy Agency said Tuesday.
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Business
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Markets & Companies
5/9/2023 10:13:31 AM
Oil giant Saudi Aramco announced first-quarter net profit of $31.9 billion on Tuesday, down 19.25 percent from a year earlier after a drop in crude prices.
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Business
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Economy
5/4/2023 12:53:00 PM
The Universal Healthcare Insurance Agency's (UHIA) revenues recorded over EGP 76 billion ($2.4 billion) with surpluses exceeding EGP 69.5 billion ($2.2 billion) since 2018 until the end of February 2023, including EGP 16.5 billion ($533 million) as investment returns, Minister of Finance and UHIA Head Mohamed Maait announced.
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Egypt
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Urban & Transport
4/11/2023 10:52:35 PM
Suez Canal revenues hit a record $2.3 billion in Q1 of 2023, according to figures released by the Suez Canal Authority (SCA) on Tuesday.
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Business
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Economy
3/30/2023 11:31:32 AM
Egypt has adjusted its real GDP growth rate target for FY2023/24 down to 4.1%, from the previously targeted 5.5% in December, announced Finance Minister Mohamed Maait.
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Business
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Energy
3/28/2023 11:37:12 AM
Russian oil sales to India surged more than twentyfold last year as European buyers turned to other markets following the conflict in Ukraine, Russia's deputy prime minister said Tuesday.
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Sports
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World
3/27/2023 9:08:28 PM
European soccer clubs sealed a new working agreement with FIFA on Monday after securing a 70% increase in their share of World Cup revenues for the 2026 and 2030 tournaments.
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Business
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Energy
3/15/2023 9:41:26 AM
Oil giant Saudi Aramco reported Sunday earning $161 billion last year, claiming the highest-ever recorded annual profit by a publicly listed company and drawing immediate criticism from the United States for refusing to ramp up production to keep oil prices down as Russia continues to mount its offensive in Ukraine.
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Business
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Economy
3/1/2023 4:13:46 PM
Egypt's Ministry of Tourism and Antiquities has imposed new fees on hotels, coffee shops, tourism operators, restaurants, and bazaars to be paid for the Tourism and Antiquities Support Fund, according to the ministry’s decision published in the Official Gazette on Tuesday.
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Al-Ahram Weekly
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Economy
2/9/2023 10:20:00 AM
A revival in exports and tourism revenues is helping to support Egypt’s balance of payments
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Business
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Economy
2/3/2023 11:27:00 AM
Egypt’s balance of payments (BOP) witnessed an improvement in the first quarter of FY2022/2023 (July-September), as the current account deficit has narrowed by 20.2 percent to post $3.2 billion compared to $4 billion in the same period of the preceding fiscal year, the Central Bank of Egypt (CBE) announced on Thursday.
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Egypt
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Urban & Transport
1/25/2023 4:35:47 PM
Egypt’s Suez Canal revenues hit a record of $8 billion in 2022, up from $6.3 billion in 2021, the Suez Canal Authority (SCA) said on Wednesday.
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World
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Region
1/5/2023 4:38:36 PM
Dozens of Tunisian lawyers protested on Thursday against newly imposed taxes on legal services, part of a 2023 budget that seeks to boost revenues to the cash-strapped treasury.
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World
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Region
12/27/2022 3:29:49 PM
Tunisia's finance minister unveiled a budget Monday aiming to use new tax revenues to claw the deficit back to near five percent of GDP, as the cash-strapped country awaits an international bailout.
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Egypt
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Foreign Affairs
12/16/2022 8:12:00 PM
In a speech on the third and final day Friday of the US-Africa Leaders’ Summit in Washington, President Abdel-Fattah El-Sisi urged the US to invest in alleviating debt burdens on the most afflicted countries, noting that the debt rate has reached serious levels exceeding 250 percent of their revenues.
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World Cup 2022
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News
11/20/2022 12:46:05 PM
FIFA earned record revenues of $7.5 billion in the four years of commercial deals tied to the 2022 World Cup in Qatar, the governing body of soccer said Sunday.
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Sports
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World
11/7/2022 11:56:32 AM
Manchester City reported record revenues and profits for the club in its latest financial statement released on Monday, saying ``beautiful football'' was the main reason for its success.
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