The Covid-19 outbreak and the ensuring lockdown has hurt almost all industries in India, but for the country’s $370 billion shadow banking sector, this might be the last nail in …
India Says It’s Only Paused, Not Stopped, Steps to Revive Growth
India is open to taking more measures on top of an already announced massive package to steer its economy out of the coronavirus crisis, junior finance minister Anurag Thakur said.
Bahrain To Speed Up Development Of Huge 80 Billion Barrel Oil Reserves
Bahrain has suffered from Saudi Arabia’s oil price wars, but the Kingdom is now looking to become more independent from its neighbour by rapidly developing its latest major oil find …
Finance Ministry extends ‘return to work’ grant eligibility
The amendment to the ministry’s long-awaited NIS 6 billion assistance package, announced on Wednesday, follows wide-ranging criticism from the private sector during the past week.
US Litigation Funder Launches in Israel
Israel’s litigation funding sector has grown in the past year, with U.K. and U.S. funders setting up in the region.
Oxfam makes deep cuts as charities reel from effects of virus
Oxfam International is pulling out of 18 countries and laying off 1,450 staff as the international charity sector reels from the financial effects of coronavirus. The deep cuts, which will mean job …
Michael Jordan’s Top 7 Rules for Success
Here’s how you can apply some of Michael Jordan’s philosophy to your finances and entrepreneurship. In this video, certified financial planner and Michael Jordan fan Jeff Rose breaks down seven tips …
Iraq looks to international markets to help finance government
The Iraqi government asked parliament on Wednesday for authorisation to borrow from international markets to plug what is expected to be a steep budget deficit this year. Iraq has sporadically …
Qatar- Most GCC banks are well-positioned to absorb twin shocks
By Satish Kanady I The Peninsula With strong capitalisation, adequate liquidity, and relatively low NPLs, the GCC’s banking systems will continue to remain sound despite the double shocks from oil …
Lebanon Money Dealers Set Dollar Selling Price at 4,000 Pounds
Lebanon’s money dealers set the selling price of the dollar at a maximum of 4,000 pounds for Wednesday as exchange bureaus reopen after weeks of a nationwide strike.The price of buying dollars is set …