Fiscal reforms in Iraq combined with the recent devaluation of the exchange rate are “critically important steps to help reduce large external and fiscal imbalances and ensure the country’s economic …
Japan Finance Minister Welcomes UK-EU Brexit Deal
Japan welcomed a free trade agreement between Britain and the European Union that negotiators managed to secure just days before Brexit came into force, Finance Minister Taro Aso said on Friday. “It …
Top 10 richest people in India in 2020: All you need to know
In spite of the challenges faced by the industry due to the ongoing Covid-19 pandemic, the combined wealth of India’s richest people grew twice as fas …
Qatar outperforms GCC region in projects market
Qatar outperformed the Gulf Cooperation Council (GCC) region in the projects market as Doha saw a 36% year-on-year growth in projects awarded in third quarter (Q3) of 2020 against a 67% plunge in the …
Azerbaijan shares data on compensations paid to depositors of closed banks
The agent bank through 20 branches for issuing compensations for insured deposits in AGBank OJSC and NBC Bank OJSC is International Bank of Azerbaijan OJSC (IBA). Payments to clients of these …
Associated Motor Finance and Arpico Finance merger on the cards
By Hiran H.Senewiratne Two leading CSE listed companies, Associated Motor Finance Company Plc and Arpico Finance will go for a merger soon. The merger deal is expected to be completed by 31st March …
UAE’s Masdar says financing secured for Uzbekistan solar power project
Loan and guarantee agreements to finance the 100-megawatt photovoltaic plant were signed in a virtual ceremony …
CP Foods set to launch five series of debentures to finance expansion
Charoen Pokphand Foods (CP Foods) is getting ready to issue and offer five series of debentures with tenors of two to 12 years to retail and institutional investors as well as high-net worth investors …
Iran allocates funds to buy Covid-19 vaccine
Iran has allocated funds to purchase vaccines against the novel coronavirus from abroad, Governor of the Central Bank of Iran Abdolnasser Hemmati said.
The Governor added t …
PTI govt approves sale of Pakistan Steel Mills’ core operating assets
Government has been weighing options to rejuvenate the PSM under the public-private partnership mode in phases that was estimated to cost around $800 million …