Hong Kong’s Mandatory Provident Fund (MPF) has a long way to go in meeting the retirement plans of its 4.5 million members, even after it surpassed HK$1 trillion (US$129 billion) in July as one of the …
India and China compete over Indian Ocean debt-relief diplomacy
Experts in the Maldives say the country should consider the financial lifelines to stave off default as a measure of political benevolence. At a time of great difficulty in the Maldives …
Jordan’s draft 2021 budget projects 2.5% growth, finance minister says
Jordan’s draft 2021 budget forecasts 9.9 billion dinars ($14 billion) in state expenditure and economic growth of 2.5% after the COVID-19 pandemic caused the worst contraction in decades, the finance …
Georgia’s COVID-19 case curve as of November 29th
Meanwhile, Georgia has seen a steady increase in new cases of the virus since the end of September. How you can save $1 million for retirement How much the most populous states pay mail carriers …
Oman talks to banks about new loan of at least $1bln – sources
Rated below investment grade by all major credit agencies, Oman issued $2bln in bonds last month in a deal which saw lacklustre demand partly because of investor concerns over the country’s worsen …
Lebanon Middle School shifts to remote learning due to staffing shortage
Lebanon Middle School returned from Thanksgiving break on Monday to fully remote after a lack of staffing for in-person learning. SAU88 Superintendent Dr. Joanne Roberts said in a letter to the …
Commercial Bank of Dubai wins big at MEA Finance Awards 2020
Commercial Bank of Dubai, one of the leading banks in the UAE, has won the “Best Commercial Bank” award and “Best Digital Transformation” award at the MEA Finance 2020 Awards. The award was received …
Jordan’s draft 2021 budget projects 2.5% growth, finance minister says
Jordan’s draft 2021 budget forecasts 9.9 billion dinars ($14 billion) in state expenditure and economic growth of 2.5% after the COVID-19 pandemic caused the worst contraction in decades, the finance …
Pandemic, economy worsen situation for Syria’s minority Christians
As poverty and hardships deepen for Kurdish and Yazidi Christians, they also find themselves trapped in a political stalemate — rejected by the Muslim regime and other Christians.
UN agency hit with corruption allegations at climate projects
The United Nations Development Programme is facing several allegations of fraud and corruption linked to the multibillion-dollar Global Environment Facility, according to documents seen by the …