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Category: FINANCE

Posted on January 4, 2021

Explainer: How investors view the Georgia U.S. Senate runoff

Investors have been weighing a major political unknown since the November election that could ripple through asset prices: control of the Senate. A flip to Democrat control could put more pressure …

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Posted on January 4, 2021

Chairman of Kuwait’s Al Madina for Finance and Investment passes away

Al Madina for Finance and Investment has announced the death of chairman Dr Abdul Raof Tawfiq Abdul Sayed in a statement to Dubai Financial Market (DFM) today (Sunday). The Kuwait-based company said …

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Posted on January 4, 2021

Pension payments increase in Turkmenistan

Pension payments have increased by 10 percent in Turkmenistan, Trend reports with reference to Turkmenportal information portal. The increase in wages, pensions, state benefits, and scholarships is an …

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Posted on January 4, 2021

Review of main events in Azerbaijani financial market in 2020

Nepal’s former PM Pushpa Kamal Dahal to fly to Mumbai for treatment of ailing wife Other News 10:24 COVID-19 vaccine to be free across country, says India’s Health Minister Harsh Vardhan Other News 10 …

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Posted on January 4, 2021

Due to lack of bids Kyrgyzstan cancels spectrum auction

Unlike some neighbouring Central Asian countries, Kyrgyzstan has developed an open telecom sector that has encouraged foreign and domestic investors.

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Posted on January 4, 2021

Saemaul Geumgo launched in Laos

The Korean Federation of Community Credit Cooperatives said Tuesday it has launched Saemaul Geumgo, a community based financial institution supervised by the KFCC, in a rural village in Laos. In …

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Posted on January 4, 2021

Analysis: Forex Traders from UAE Keep Investing Large Sums

Finance Magnates examines November data. When Russian forex traders deposit most often, the greatest sum of money came from the United Arab Emirates.

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Posted on January 4, 2021

Jordan’s economy expected to grow by 2.5% in 2021: PM

Jordans economy is expected to grow by 2.5 per cent in 2021 and the government will launch a program to address challenges in several sectors between 2021-2024, Prime Minister Bisher Khasawneh said.

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Posted on January 4, 2021

Singapore says high-speed rail link with Malaysia tripped up by disagreement over ‘assets company’, seeks further compensation

Transport Minister Ong Ye Kung said Malaysia did not want to appoint a firm that would operate the network and be accountable to both countries.

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Posted on January 4, 2021

Saudi Arabia awards first licence to offer consumer micro-loans in less than 5 mins

This makes Tamam the first entity in the kingdom and the region to be licensed by a regulator to offer consumer micro-loans via a fully digital customer experience, through a mobile app in just five …

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