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Monday, April 21, 2025

Saudi Arabia introduces VAT refund for tourists 

New policies mark major changes to Saudi Arabia's VAT regime, with tourism and business compliance in focus.
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US targets China’s DeepSeek in expanding AI tech war

US weighs DeepSeek ban amid AI chip curbs, IP theft claims, and rising tensions in the US-China tech race.
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Apple launches major Gulf hiring spree ahead of Saudi online store debut

Apple kicks off major hiring drive across Saudi Arabia and UAE ahead of online store launch and regional retail expansion through 2026.
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TikTok deal stalls as China blocks U.S. sale in response to tariff hike

This marks the second time Trump has used executive power to delay the enforcement of the law, raising legal concerns.
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Pakistan Explores Bitcoin Mining and Asset Tokenization in Landmark Meeting

Pakistan is advancing Bitcoin mining and asset tokenization through strategic investments, regulatory frameworks, and global partnerships to position itself as a blockchain leader.
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Forever 21 files for the second time

Forever 21, once a dominant force in fast fashion, has filed for Chapter 11 bankruptcy for the second time in six years.
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Apple commits $500 billion to US innovation and jobs

Apple invests $500 billion in US with a Texas AI factory, 20,000 jobs, chip expansion, and new data centers.
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Alibaba’s $50 billion AI bet signals big tech comeback

Alibaba to invest $53B in AI and cloud, signaling a tech rebound after regulatory crackdowns and Jack Ma’s rare meeting with Xi Jinping.
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Convenience stores sue PepsiCo over pricing practices

PepsiCo faces lawsuit from California stores over alleged price discrimination, claiming unfair deals favor big retailers like Walmart.
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