Oman received its second downgrade this year from Fitch Ratings, a decision it said reflects the “continued erosion” of the country’s fiscal and external balance sheets.Fitch lowered Oman’s sovereign …
Balancing Compliance With Collaboration In Financial Services
The work-from-home movement and widespread use of e-collaboration tools have created a whole new set of challenges for compliance officers.
Israel-UAE agreement has ‘undermined’ the Palestinian cause, expert says
Michael Stephens, Middle East research fellow at the Royal United Services Institute, discusses the peace accord between Israel and the United Arab Emirates.
AML, KYC and Sanctions Fines for Global Financial Institutions Reach $5.6 Billion Mid-Year
DUBLIN, NEW YORK, LONDON and SINGAPORE, Aug. 17, 2020 /PRNewswire/ — Fenergo, the leading provider of digital transformation, customer journey …
Cellcom Israel Announces Second Quarter 2020 Results
Cellcom Israel concludes the second quarter of 2020 with a loss of NIS 46 million compared to a loss of NIS 35 million in the corresponding quarter of 2019.
Israel-UAE accord not a peace deal but an ‘agreement of normalization’: Chatham House
Chatham House Senior Consulting Research Fellow Yossi Mekelberg discusses the recent agreement between Israel and the United Arab Emirates.
UAE, Israel Cooperation on Space, Hi-Tech Seen to be ‘Immediate’
Israel is looking forward to cooperating with the United Arab Emirates on business fronts including commercial space and hi-tech, according to Israel’s Minister for Science and Technology.“The …
Cambodia govt: Covid-19 more pressing than EU ban
Senior officials from the Cambodian central government have announced that the government is prioritising its fight against Covid-19 over the EU’s withdrawal of its ‘Everything But Arms’ (EBA) scheme.
US to target Bashar al-Assad’s financial lifelines with Syria sanctions
The Trump administration is readying new rounds of sanctions against Syria, planning to expand its blacklist by focusing on financial-support networks outside the war-torn nation in a renewed effort …
Thai economy sees biggest contraction since Asian financial crisis in second quarter
Thailand’s economy saw its biggest annual contraction in 22 years and a record quarterly fall in the April-June period, as the coronavirus pandemic and restriction measures hit tourism, exports and …