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Posted on June 3, 2020

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 …

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Posted on June 3, 2020

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.

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Posted on June 3, 2020

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.

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Posted on June 3, 2020

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 …

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Posted on June 3, 2020

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 …

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Posted on June 3, 2020

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 …

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Posted on June 3, 2020

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 …

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Posted on June 3, 2020

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 …

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Posted on June 3, 2020

Lebanon must turn reform ideas into reality, U.S. ambassador says

The Lebanese government must turn its reform ideas into reality and take concrete steps to win international support, the U.S. ambassador said in an interview broadcast on Sunday. Dorothy Shea also to …

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Posted on June 3, 2020

Lebanon seeks foreign government-backed financing for power plants after default

Lebanon has turned to global power plant manufacturers including General Electric to arrange financing to build badly needed electricity capacity, hoping favourable terms can be agreed with help from …

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