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Category: FINANCE

Posted on December 31, 2020

Gaming in Lebanon seriously hit

Despite the Central Bank’s (BDL) circular 331, which allows venture capital firms and banks to finance startups with less risks by guaranteeing investments up to 75 percent, Lebanese tech firms are …

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Posted on December 31, 2020

Israel says it has vaccinated 7% of its population against Covid, it’s less than 1% in U.S.

“Our main advantage is that we have a centralized health-care system,” said Eran Segal, a computational biologist in Rehovot, Israel.

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Posted on December 31, 2020

Israel’s economic recovery from COVID-19 will take years, report finds

The economic effects of the pandemic will continue to be felt in Israel for a long time, with poverty levels growing, according to a report published by the Taub Center for Social Policy. “The …

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Posted on December 31, 2020

Jordan- Senate discusses RJ financial woes, steps taken to mitigate Covid-19 repercussions

The Senate’s Financial and Economic Committee, headed by Jamal Sarayreh met on Wednesday, with Royal Jordanian (RJ) President/CEO, Saeed Darwazeh, to discuss the national carrier’s conditions and the …

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Posted on December 31, 2020

Syrian Embassy in Lebanon distributes financial aid to refugees affected by the Hanin Camp fire

The Syrian Embassy in Lebanon provided financial aid to the Syrian refugees affected by the fire in Bhanin Camp in Minya district which was burned by a number of people a few days ago leading to the …

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Posted on December 31, 2020

Saudi’s $360 Billion Wealth Fund Rejigs Top Leadership

Saudi Arabia’s sovereign wealth fund overhauled some of its top management as it prepares to take a greater role in the local economy.

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Posted on December 31, 2020

Russia donates 10 million euros to Armenia to help IDPs from Artsakh

The Russian Federation has provided Armenia with 10 million euros assistance to co-finance measures designed to show financial assistance to the population forcibly displaced to Armenia from …

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Posted on December 31, 2020

VTB Bank (Armenia) plans to streamline business operations in 2021 and improve interaction with clients

Ivan Telegin addressed a New Year message to the Bank’s clients and the partners, which reads as follows.
…

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Posted on December 31, 2020

Lao Plan to Build Another Big Mekong Dam Dismays Villagers, Concerns Thais

Laos is preparing to build what will be its seventh of nine planned large-scale Mekong river mainstream dams, the latest project in its controversial economic strategy to become the “battery of …

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Posted on December 31, 2020

Jordan- National Campaign for Return to Schools picks up tempo

Parents and activists over the past two days intensified their calls on the government to reopen schools and nurseries next year for the second semester to ease the burden on them and their children.

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