Friday 9 December 2022
 
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Europe’s squeeze on Russian revenues with oil cap ‘ambiguous’

Europe’s decision to enforce a price cap of $60 per barrel on Russian oil to drive down the country’s oil revenues without causing a surge in prices is theoretically bearish, said MUFG, a Japanese bank holding and financial services firm.   “We

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GCC consumers ready to ‘pay more for sustainable firms’

Some 76% of GCC survey respondents agree that sustainability efforts of a company are likely to positively impact their choice in buying their products.   Among KSA and UAE participants, 84% and 81% respectively agree that it is important for a company to act su

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