Mr Al Rumaihi said the causeway remaining closed posed the biggest challenge to Bahrain’s economy since “we rely so much on Saudi in terms of customers and purchasing power”. The GDN earlier quoted …
Middle Eastern Family Businesses’ main concerns are cash flow and digital transformation- Survey
The survey takes a snapshot of key areas of concern to multi-generational family firms from Algeria, Bahrain, the UAE, Egypt, Jordan, KSA, Kuwait, Lebanon, Morocco, Oman, Qatar, Sudan, Tunisia and …
WHO says N.Korea’s COVID-19 test results for first suspected case ‘inconclusive’
North Korea’s test results for a man suspected of being the country’s first coronavirus case were inconclusive, though authorities have quarantined over 3,635 primary and secondary contacts, a World …
Iran exports over 18,000 tons of goods to Iraq through Mehran border
The economic and political relations between Iran and Iraq have increased significantly in the past few years and the two neighbors are seeking ways to facilitate financial transactions and boost …
Thailand Central Bank Keeps Key Rate Unchanged at Record Low
The country is in the middle of installing a new economic team, including a new central bank governor and finance minister. Sethaput Suthiwart-Narueput, a member of the Bank of Thailand’s …
Iran exports over 18,000 tons of goods to Iraq through Mehran border
The economic and political relations between Iran and Iraq have increased significantly in the past few years and the two neighbors are seeking ways to facilitate financial transactions and boost …
EMERGING MARKETS-Most currencies rise against dollar, Turkey’s lira slides
Most emerging market currencies continued their advance against a weaker dollar on Wednesday, while Turkey’s lira fell more than 1% as concerns remained about the central bank’s depleted forex …
Turkey’s lira gives up gains, down 1% in more turbulence
Turkey’s lira on Wednesday weakened 1% against the dollar even as the U.S. currency slid, giving up gains from late the previous day when overnight rates in a London-based swap market topped 1,000%.
Turkey auto sales surge 380% in July after lockdown lifted
Sales of passenger cars and light commercial vehicles in Turkey surged 387.5% year-on-year in July, the Automotive Distributors Association said on Wednesday, reflecting a rash of purchases after the …
EMERGING MARKETS-Most currencies rise against dollar, Turkey’s lira slides
Most emerging market currencies continued their advance against a weaker dollar on Wednesday, while Turkey’s lira fell more than 1% as concerns remained about the central bank’s depleted forex …