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Romania and Bulgaria Set to Join Schengen Area in Incremental Stages
Romania and Bulgaria, both Eastern European nations that acceded to the European Union in 2007, are poised to enter the Schengen Area in a phased approach, commencing with air and sea travel on March 31. The success of this initial stage will influence the timeline for opening their land borders. Having aspired to become part of the Schengen Area for over a decade, Romania and Bulgaria's gradual integration marks a significant development. The Schengen Area, known for its border-free travel among member states, enhances mobility and collaboration within the European Union. Upon the full inclusion of Romania and Bulgaria, Ireland and Cyprus will remain as the sole EU countries outside the Schengen Zone. The step towards expanding the area underscores the ongoing evolution and enlargement of the European Union, fostering increased connectivity and cooperation among member nations.
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The Pakistan Stock Exchange (PSX) 100-Index concluded Friday with a bearish trend, experiencing a loss of 124.26 points, indicating a negative change of 0.19%. The index closed at 64,514.90 points compared to the previous trading day's closing at 64,639.16 points. Throughou...
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The Saudi stock market is poised to achieve its highest annual closing level in 18 years, with the Tadawul All Share Index (TASI) rising by approximately 13.5% since the beginning of 2023 until the year's end. The market successfully reversed last year's losses of 7.1%, aiming...
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