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Posted on June 9, 2020

Coronavirus update: Riot police use water cannon against COVID-19 protesters in Nepal’s capital, airlines lose billions

Nepalese citizens protesting against their Government’s handling of the coronavirus pandemic are beaten by police and hosed down with a water cannon, while the airline industry confirms its worst year …

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Posted on June 9, 2020

Masdar to develop 500MW wind project in Uzbekistan

Abu Dhabi’s clean energy company Masdar signed a power purchase agreement with the government of Uzbekistan to design, finance, build and operate a 500 megawatt, utility-scale wind project. The wind …

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Posted on June 9, 2020

Thailand May Lose Investors as Most Expensive Asian Stock Market

(Bloomberg) — Follow Bloomberg on LINE messenger for all the business news and analysis you need. Thailand has become the most expensive stock market in Asia, threatening its prospects for additional …

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Posted on June 9, 2020

Macao, Government of — Moody’s – Macao’s credit profile balances large fiscal and external surpluses against severe economic shocks

Read the full article at Moody’s …

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Posted on June 9, 2020

Hong Kong’s business community sees the need for national security laws, says think tank

Like most economies, Hong Kong should have a national security law — even if Beijing is the one imposing it on the city, a think tank said on Tuesday.

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Posted on June 9, 2020

Visit Maldives reappoints Anne Wild & Associates to its PR

Visit Maldives has reappointed Anne Wild & Associates (AWA) to its public relations account, for the second consecutive year.Agency managing director, Anne Wild, said she was excited to continue …

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Posted on June 9, 2020

Gulf travel agents believe the region will return to international travel by August and September

As regular passenger flights are slowly reintroduced at various airports around the region, a new survey shows that Gulf-based travel agents envisage a full return to international travel by August …

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Posted on June 9, 2020

Bahrain unveiled major digital banking projects

This was revealed following a virtual meeting involving Central Bank of Bahrain (CBB) Governor Rasheed Al Maraj, the board of directors of the Bahrain Association of Banks and senior officials of some …

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Posted on June 9, 2020

Ban lifted: UAE’s Julphar to resume exports to Bahrain, Kuwait

UAE’s Gulf Pharmaceutical Industries (Julphar) is set to resume its exports to Bahrain and Kuwait after the lifting of restrictions earlier imposed on its products. The pharmaceuticals giant said on …

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Posted on June 9, 2020

Bahrain’s GFH Financial Group completes $500m sukuk issuance

GFH Financial Group, a Manama-based investment bank, completed the issuance of its $500 million (Dh1.835 billion) sukuk programme after selling a remaining amount of $200m. The company did not provide …

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