Laos (Lao People’s Democratic Republic)—a country of 7 million in Southeast Asia—said it had temporarily prevailed over COVID-19.
Central Banker Urges Israel to Seize Cheap Borrowing Opportunity
Israel’s government should take advantage of historically cheap debt to tackle longstanding economic problems, and not only the immediate crisis wrought by the coronavirus pandemic, according to the …
Finance Minister Nixes COVID-19 Aid to Anti-Israel NGOs
Finance Minister Israel Katz (Likud) announced on Tuesday evening that organizations that “work against the interests of the state” will not be eligible to receive aid from the state’s new aid fund …
Transguard Group Further Solidifies its Position in the Finance, Banking and Government Sectors
He has vast experience in Global Asset Management and distribution for global market products across the GCC, MENA, Asia and global financial institutions …
MIDEAST DEBT-Real estate giant’s downgrade may increase Dubai financing cost
A downgrade last week of Dubai’s flagship real estate company will likely push up the emirate’s borrowing costs if it decides to refinance $750 million in bonds due in October, bankers and analysts …
Currencies of Lebanon, Iran and Syria are in freefall with inflation surging, IIF says
Sanctions, geopolitics and Covid-19 have diminished the strength of the three currencies and weakened the economies of Beirut, Tehran and Damascus …
Investments into startups in Saudi Arabia soar by 102% to $95m in first half of year
Startups in Saudi Arabia have seen a 102% year-on-year increase in funding in the first half of the year to $95m, amid Covid-19 pandemic. According to a MAGNiTT report sponsored by Saudi Venture …
Philip Hammond U-turn: Ex-Chancellor becomes Saudi adviser after swipe at ‘radical’ Tories
PHILIP HAMMOND will take up an advisory role with the Saudi Government, only months after describing the Conservative Party as too “radical” and “intolerant”.
Thai PM says “I don’t know” on finance team resignation reports
Thai Prime Minister Prayuth Chan-ocha said on Wednesday he knows nothing about resignation plans by members of his top finance team amid conflicting media reports. Thai online media reports said …
Confusion Amid Reports Thailand’s Top Economic Team to Resign
Thailand’s Finance Minister Uttama Savanayana and economic policy guru and Deputy Prime Minister Somkid Jatusripitak are planning to resign their posts, local media reported on Wednesday …