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Category: FINANCE

Posted on June 13, 2020

Top Barclays banker’s wife may have secured $4 bln deal through wife of Qatar PM

A top Barclays banker has created a flutter in London’s financial circles by asserting that his then-wife Diana was behind a 3.25 billion pound ($4.08 billion) rescue deal during the 2008 financial …

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Posted on June 13, 2020

241 stranded Buddhist monks flown back to Mongolia from Goa

It was the 41st flight to take off from the Goa airport ever since the country-wide lockdown came into force, according to Goa airport director.

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Posted on June 13, 2020

Dubai’s financial hub DIFC announces all entities can now reopen at 100% capacity

Arif Amiri, the CEO of Dubai International Financial Centre Authority, said precautionary and social distancing measures will remain in place in line with the latest guidance from Dubai authorities to …

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Posted on June 13, 2020

UAE- Reopening responsibly: DIFC becomes 100% operational

(MENAFN – Khaleej Times) Dubai International Finance Centre (DIFC), the region”s largest financial centre, has fully become fully operation following the disruption and lockdowns imposed due to the …

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Posted on June 13, 2020

Michigan-Based Derq Assists Dubai Silicon Oasis Authority With Smart City Solutions

Derq, a predictive analytics solution that leverages deployable cameras, sensors, and AI to increase user safety and awareness, formally announced its partnership with the Dubai Silicon Oasis …

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Posted on June 13, 2020

UAE firms fear spike in payment defaults: study

Corporations in the UAE expect increased delays in payments from customers, a growing risk of default and an overall weakening in business performance as the country copes with the disruptive impact …

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Posted on June 13, 2020

Pinsent Masons Hires Norton Rose Partner to Lead Dubai Banking Practice

Pinsent Masons has appointed former Norton Rose Fulbright partner Matthew Escritt to lead the firm’s Middle East banking and finance practice from Dubai. Escritt was with Norton Rose Fulbright for 19 …

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Posted on June 13, 2020

Afghanistan- Germany Commits over AFN 5 Billion to Help Mitigate Social & Economic Aspects of COVID-19

The German Federal Ministry for Economic Cooperation and Development (BMZ) has pledged AFN 5.77 billion (EUR 69.8 million) to Afghanistan. The funds are for immediate and direct response to challenges …

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Posted on June 13, 2020

Reseachers in Thailand testing horseshoe bats for coronavirus

Researchers in Thailand began collecting samples from horseshoe bats to test them for coronavirus amid concerns they may pose a threat to local residents, a government statement said on Saturday.

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Posted on June 13, 2020

Lebanon Vows to Stabilize Currency After Night of Angry Protests

Lebanon’s top officials vowed to take measures to strengthen the pound against the dollar after nationwide protests over deteriorating living conditions reignited, piling pressure on the government to …

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