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Saudi economy edging closer to reducing dependence on oil –IMF official

DUBAI, May 3 (Reuters) - Government-led reforms and the growth of private investment in new sectors will help support non-oil economic growth in Saudi Arabia amid an expected…
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Lower oil prices push Saudi oil giant Aramco’s first quarter profit down 19%

DUBAI, May 9 (Reuters) - Saudi oil giant Aramco's (2222.SE) first quarter net profit dropped 19% from a year earlier to 119.54 billion riyals ($31.88 billion), it said on…
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Arab League readmits Syria as relations with Assad normalise

Syria had been suspended from League since 2011Some states sought conditions for Syria's returnU.S. official says Syria does not merit readmissionQatar says no change in…
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