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Turkey Sacks Central Bank Governor

Turkey has sacked the governor of its central bank and replaced him with his deputy, a presidential decree published in the official gazette said on Saturday.

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Trump Says Federal Reserve 'Doesn't Know What It's Doing'

U.S. President Donald Trump on Friday lobbed another attack on the Federal Reserve, accusing it of incompetence for failing to stimulate the economy.

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India Hopes New 'Green' Budget Will Revive Growth

Prime Minister Narendra Modi on Friday hailed a "new chapter for India" as his re-elected government unveiled what he called a "green" budget aimed at reviving growth and creating a $5-trillion economy.

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India to Ease Investment Rules to Catch up China

India's newly re-elected government promised Friday an easing of foreign investment rules and more infrastructure spending in an effort to boost flagging growth rates and create jobs.

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Egypt Raises Fuel Prices in Line with IMF Rules

Egypt increased fuel prices Friday in its latest round of subsidy cuts under a reform package agreed with the International Monetary Fund, authorities said.

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Asian Markets Fluctuate in Cautious Trade Ahead of US Jobs Data

Asian markets fluctuated Friday as investors steeled themselves for the release of a crucial US jobs report that could have a major bearing on the size of an expected Federal Reserve interest rate cut.

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Africa Gathering Looks to 'Historic' Free-Trade Deal

Ministers from across Africa began work Thursday ahead of a weekend summit to formally launch a free-trade agreement hailed by the continent's 55-nation bloc as "historic."

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Lebanese 'Game Cooks' Wins the VR and Beyond Challenge for Burj Khalifa Dubai

Game Cooks, a leading gaming studio of mobile and Virtual Reality (VR) content based in San Francisco and Beirut, has won the “VR and Beyond” challenge organized by Dubai Future Accelerators in partnership with Burj Khalifa and HTC Vive Middle East.

Game Cooks competed with around 115 VR companies from around the world and was shortlisted among 6 finalists before earning the first rank. The event organizers had invited VR developers and companies to build VR content for Burj Khalifa to enhance visitors’ experience. The competition rewards the most captivating and memorable user experience in virtual reality.

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Emirates to Resume Khartoum Flights

The Middle East's largest carrier, Emirates Airline, said Thursday it has decided to resume flights to Sudan from July 8 after a one-month suspension in the face of deadly unrest.

"After closely monitoring the situation in Sudan and conducting an exhaustive review of all operational factors, we have decided to resume our services to Khartoum," Emirates said in a statement. 

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Asian Markets Mostly Up after Wall St Record, Focus on US Jobs

Asian markets mostly rose Thursday, tracking a record performance on Wall Street, as investors turned their focus to the upcoming release of US jobs data while hoping for a big Federal Reserve interest rate cut.

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