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National Bank takes over Banque Misr UAE branches
Interest rates have risen significantly, threatening to erode the gains in the stocks of small companies, which previously increased by 75%. Additionally, the rising diesel bills are causing tension in Washington and affecting Trump’s popularity, while Germany is trying to contain the increase in fuel prices by lowering gasoline and diesel taxes. In another development, Morocco has slowed inflation to 0.3% in August, and the United Arab Emirates has begun standardizing the electronic updating of bank customer data ahead of the end of 2026.
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