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Category: FINANCE

Posted on January 21, 2021

Crédit Agricole and cohort of banks throw weight behind Saudi-Korea export financing

Saudi Arabia’s ministry of finance has inked a US$3bn untied loan agreement with nearly a dozen international banks and the Republic of Korea’s official export credit agency (ECA). Korea Trade …

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Posted on January 21, 2021

Saudi Arabia’s mergers and acquisitions market attracts international players

The Unit expects 2021 to witness further consolidation in key markets such as healthcare, education, e-commerce, and energy …

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Posted on January 21, 2021

JCC and JHC hustle to fix Dawei fallout

The government is vowing to speed up finalising solutions as soon as possible for the cancelled Dawei contract.

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Posted on January 21, 2021

Turkey gets its biggest book

Turkey recorded its biggest ever book, drumming up more than US$15bn of demand for its US$3.5bn dual-tranche offering on Tuesday. The deal enabled the sovereign to raise about a third of its …

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Posted on January 21, 2021

Auditor General of Pakistan invites PM’s anger

Prime Minister, Imran Khan has expressed his dissatisfaction over accused the Auditor General of Pakistan’s performance after Prime Minister’s Inspection Commission found “massive corruption” in the …

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Posted on January 21, 2021

Indonesia Seen on Hold as Price Pressures Brew: Decision Guide

Indonesia’s central bank is expected to leave its benchmark interest rate unchanged Thursday as it assesses tentative signs of price and currency pressures.

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Posted on January 21, 2021

China Plans Online Payment Rules That May Hit Ant, Tencent

China proposed measures to curb market concentration in its online payment market, potentially dealing another blow to financial technology giant Ant Group Co. and its biggest rival Tencent Holdings …

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Posted on January 20, 2021

Hong Kong lawmaker Michael Tien calls for HK$8,000 cash handout in upcoming gov’t budget

Hong Kong pro-establishment lawmaker Michael Tien has urged the city’s finance chief to distribute HK$8,000 to citizens in the upcoming annual budget, saying the handout would help people get through …

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Posted on January 20, 2021

Qatar posts robust 5.6% real growth in Q3 of 2020: PSA

A strong rebound in wholesale and retail trade, hospitality, utilities, information and communication, and manufacturing sectors helped Qatar post a robust 5.6% quarter-on-quarter real growth …

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Posted on January 20, 2021

Qatar posts robust 5.6% real growth in Q3 of 2020: PSA

A strong rebound in wholesale and retail trade, hospitality, utilities, information and communication, and manufacturing sectors helped Qatar post a robust 5.6% quarter-on-quarter real growth …

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