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Nigerians protest mysterious death of Afrobeat star as police exhumes body for autopsy

  • ABUJA, Nigeria: Thousands marched across Nigeria on Thursday over the mysterious death last week of an Afrobeat star whose body has been exhumed for an autopsy as authorities investigate the cause of his demise. Lagos police said the body of the late Ilerioluwa Aloba, better known as MohBad, w...
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Surveillance of Indian diplomats in Canada led to allegations around Sikh killing, official says

  • TORONTO: The allegation of India’s involvement in the killing of a Sikh Canadian is based on surveillance of Indian diplomats in Canada, including intelligence provided by a major ally, a Canadian official familiar with the matter told The Associated Press on Thursday. The official said the co...
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Nawaz Sharif’s party plans mass welcome as he returns from self-exile ahead of January polls

  • ISLAMABAD: Former prime minister Nawaz Sharif’s political party is making preparations to welcome him on his return from London by organizing a mass gathering in the provincial capital of Punjab on October 21, as the election regulator announced its decision to hold national polls in the last w...
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Pakistan earmarks 10 state entities for possible privatization

  • KARACHI: Pakistan’s caretaker government moved on Thursday to improve governance at state-owned companies and earmarked 10 for privatization or turnaround efforts, as it strives to deliver reforms under its International Monetary Fund (IMF) bailout. Under the $3 billion bailout package from t...
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Closing bell: Saudi main index ends week in red to close at 10,949 

  • RIYADH: Saudi Arabia’s Tadawul All Share Index dropped for the second consecutive day on Thursday as it shed 112.08 points or 1.01 percent to close at 10,949.42.  The total trading turnover of the benchmark index was SR4.99 billion ($1.33 billion) as 59 stocks advanced, while 147 decline...
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Turkish central bank raises interest rates to record-high 30%

  • ANKARA: In its continuing efforts to combat soaring inflation, Turkiye’s central bank sent a resounding message on Thursday when it increased its key interest rate by an astonishing 500 basis points, from 25 percent to an unprecedented 30 percent. The move signaled the continuation of a signi...
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Rising female workforce boosts Saudi Arabia’s economic growth

  • RIYADH: Saudi Arabia’s economy is poised to benefit from the increasing number of working women as the Kingdom’s Vision 2030 initiative, aimed at enhancing female employment, has begun to demonstrate its potential economic impact, as outlined in a recent report by ...
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King Charles calls for new Franco-British entente for sustainability

  • PARIS: King Charles said on Thursday that Britain and France had a shared responsibility to protect democracy in Europe and to ensure the world tackles climate change, in what he called an “entente for sustainability.”Charles arrived in Paris on Wednesday for a three-day state visit, in a show of...
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Fed keeps rates unchanged and signals optimism about a potential ‘soft landing’

  • WASHINGTON: The Federal Reserve left its benchmark interest rate unchanged Wednesday for the second time in its past three meetings, a sign that it’s moderating its fight against inflation as price pressures have eased. The Fed’s policymakers also signaled that they expect to raise rates agai...
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Oil Updates — crude falls as US rate hike expectations offset tight supply outlook

  • RIYADH: Oil prices fell in early Asian trade on Thursday, after posting the largest fall in a month in the previous session, as US interest rate hike expectations offset the impact of drawdowns in US crude stockpiles. Brent futures for November delivery were down 71 cents, or 0.76 percent, to...
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