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Elon Musk loses over 600 billion dollars amid market volatility
On July 22, the Central Bank of the United Arab Emirates issued treasury bills worth 14 billion dirhams. It was also announced that Egypt and Russia have chosen a developer for the industrial zone in the Suez Canal, while the UAE faced security challenges. Tensions between Washington and Beijing escalated over nuclear issues. Elon Musk lost more than 600 billion dollars, whereas Europe and sports club networks saw sponsorship deals worth billions of dollars.
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