The new office in ⁠Dubai, a hub for oil trading in the Middle East, ⁠will give Hengli ‌more flexibility in allocating resources and broaden its market coverage: Hengli Group

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Saudi Arabia’s Al Rasheed secured funding worth $5.33mln from the UAE-listed lender to boost and fund its working capital

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Brent crude ‌futures dropped 50 cents, or 0.74%, to $67.05 a barrel

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Company aims to scale operations in Egypt, Lebanon and UAE

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New agreements ensure vital material support and comprehensive repair and overhaul services for the Royal Saudi Air Force's F110 fleet and other regional F110-129 customers

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