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International

World Bank sees protracted recession in Russia
The World Bank’s lead economist for Russia, Birgit Hansl, said “adjustment to the new oil price reality and the sanctions environment” was a key policy challenge.
Turkey’s economy beats forecasts, but misses target
Turkey’s economy grew a better-than-expected 2.9 per cent last year but still fell short of a government target.
Listed companies rush to appoint women directors in India
“Unfortunately, the law is weak and there is no requirement to appoint independent women directors,” Prithvi Haldea, chairman of Prime Database.
Philips to sell major stake in lights unit
The deal is part of Philips’ broader streamlining move which will eventually see the 120-year-old company transform into a specialist healthcare-lifestyle manufacturer.
Saudi rules for foreign investors by ‘April-end’
Market officially to open to overseas institutions 60 days later.
Saudi state projects on investor radar
The Kingdom is spending tens of billions of dollars annually on roads, ports, airports, hospitals and schools for a young and growing population.
Euro set for worst quarter in history
The euro fell to a 10-day low against the dollar on Tuesday, putting it on track for its worst-ever quarter.
Eurozone stocks joy
Shares enjoy best first-quarter performance in 17 years
Saudi Arabia steps up invitation to global investors
On behalf of Saudi Arabia -- the Country of Honour at this year's AIM Conference -- Prince Saud called for regional cooperation at a crucial time for investment in the region.
Saudi Aramco signs $10 billion dual currency standby loan
The loan is also reflective of a trend among the world's top oil companies, which raised a record amount of debt in the first two months of 2015 as they used ultra-low borrowing costs to prop up dividends, balance sheets and acquisition funds.
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