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AI-enabled Sharia Compliant Fund Launched

Trading and investing platform eToro has partnered with Arabesque AI, an investment advisory and technology company, to launch a new Sharia-compliant portfolio for users in the Middle East. Named ShariaAI-Growth,

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Luxury Labels Eye Wealthy Tourists Outside France

Luxury retailers in European cities outside France are jockeying for business from deep-pocketed tourists this summer, betting on a surge in visitors avoiding crowds and street closures in Paris during

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Tepid Germany Property Market Sparks Concern

International investors are skirting German property deals as they dial back on a market in its worst crisis in a generation, potentially deepening the scars on Europe’s biggest economy. Foreign

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Europe Experiences Slow Growth in Airfare

Ryanair CEO Michael O’Leary has said that a “recessionary feel around Europe” could be a factor in slower-than-expected growth in airfares as the low-cost carrier posted record annual profits slightly

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PolyAI Raises 46m Euros in Series C Funding

, backed by new investors Hedosophia, NVentures (NVIDIA’s venture capital arm) and Zendesk, with follow-on investments from Khosla Ventures, Georgian, Point72 Ventures, Sands Capital and Passion Capital. With this raise,

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AstraZeneca to Build $1.5b Cancer Drug Plant

AstraZeneca plans to build a $1.5 billion manufacturing facility in Singapore to produce a promising category of cancer-killing drugs called antibody-drug conjugates (ADCs), the Anglo-Swedish drugmaker has said. The facility,

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Veolia to Engineer Largest Solar Desalination Plant

Veolia, world water technology leader, through its subsidiary SIDEM, will engineer and supply key technology for the Hassyan seawater desalination plant in Dubai, United Arab Emirates (UAE). Commissioned by Dubai

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Qatar to Test Air Taxi Service Early Next Year

Qatar’s Ministry of Transport has announced plans to test the services of the electric air taxi and electric delivery planes in early 2025. In a statement, the Ministry said that

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SpaceX Launches Service for Indonesia Health Sector

Elon Musk and Indonesian Health Minister Budi Gunadi Sadikin have launched SpaceX’s satellite internet service for the nation’s health sector, aiming to improve access in remote parts of the sprawling

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Chinese Govt Steps in to Fix Real Estate Crisis

China recently announced steps to stabilise its crisis-hit property sector, with the central bank facilitating 1 trillion yuan ($138 billion) in extra funding and easing mortgage rules, and local governments

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