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Category: FINANCE

Posted on December 16, 2020

What are the key drivers behind the 14% growth in Islamic finance?

The industry returned to strong growth after the slowdown in 2018, when the industry expanded by a more moderate 2% …

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Posted on December 16, 2020

Daily Commentary: Nepalese stock market sees modest decline

Nepse benchmark index down 5.75 pointsKATHMANDU, Dec 15: After opening Tuesday’s session firmly higher and reaching as high as 2,100 point’s mark, the Nepal Stock Exchange (Nepse) index witnessed a …

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Posted on December 16, 2020

UN chief urges countries to help address economic crisis in war-torn Yemen

General Antonio Guterres has called on world countries to provide financial assistance to resolve the severe economic crisis in Yemen, which has been under incessant attacks by a Saudi-led coalition …

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Posted on December 16, 2020

Yemen most at risk of humanitarian catastrophe in 2021: IRC

In a list of countries where crises are set to worsen, aid agency ranks Yemen first for the third year running.

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Posted on December 16, 2020

International aid for Afghanistan hangs on crucial peace talks

Short Url https://arab.news/9fmuv Despite the ongoing coronavirus disease (COVID-19) pandemic, Geneva last month hosted an important pledging conference on Afghanistan. The conference was co-hosted …

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Posted on December 16, 2020

KBZ Bank joins Myanmar’s interbank transfer system

KBZ Bank account holders will be able to transfer money to other banks in Myanmar after the bank launched its digital interbank transfer system on December 15.

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Posted on December 16, 2020

Investor relief at ‘mild’ Turkey sanctions masks trouble with US

After years of fretting that Turkey would face crippling economic measures for its decision to buy the Russian-made S-400 air defence system, foreign investors reacted with relief to this week’s US …

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Posted on December 16, 2020

Chinese workers stay in Philippines despite some POGO closures

Chinese workers employed by local offshore gaming firms never left despite some of these companies closing shop when the pandemic struck.

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Posted on December 16, 2020

Fintech Firm SquidPay to Facilitate Convenient and Efficient Contactless Payments in the Philippines

Philippines based Fintech firm SquidPay Technology Inc. has … The company will focus on offering everyday payments solutions so that modern financial services are accessible through its intuitive …

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Posted on December 16, 2020

Japan Nov exports fall 4.2% year/year – MOF

Japan’s exports fell 4.2% in November from a year earlier, Ministry of Finance data showed on Wednesday, as the pain from the COVID-19 crisis continued.

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