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Posted on June 10, 2020

Former Armenian Finance Minister Said to Have Accepted $22.4 Million Bribe

Armenia’s Prosecutor General’s Office today announced that Gagik Khachatryan, a former head of the State Revenue Committee (SRC) and former Minister of Finance, arrested last August on embezzlement …

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Posted on June 10, 2020

UAE- Cabinet approves reformation of Board of Directors of Etihad Credit Insurance

The UAE Cabinet Resolution No. 9/8 for the year 2020 approved the reformation of the Board of Directors of Etihad Credit Insurance, the UAE’s Federal Export Credit Company, chaired by H.H. Sheikh …

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Posted on June 10, 2020

Virus slows Dubai airport, world’s busiest for global travel

Perhaps nowhere is the world’s lack of flights due to the coronavirus pandemic more clearly felt than at Dubai International Airport, for years the world’s busiest for international travel. Its …

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Posted on June 10, 2020

HSBC extends $558mln funding for UAE’s Etihad Rail project

supply chain and receivables finance cash management and foreign exchange solutions” for the completion of the railway. The portion of the project that is being financed involves the construction of a …

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Posted on June 10, 2020

UAE to take lead in post-pandemic resurgence

Historically, the UAE has always been ahead of the curve in supporting its economy compared to many of its global and regional peers every time a crisis approached its shores. The …

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Posted on June 10, 2020

Cambodia requires foreigners to pay for Covid-19 test, quarantine, treatment services

Cambodia has required foreigners to pay for Covid-19 lab test, quarantine and treatment services, Economy and Finance Minister Aun Pornmoniroth said in a letter dated Monday and released to the media …

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Posted on June 10, 2020

Kazakh Women Demanding Financial Support Forcibly Quarantined

Kazakh officials have forcibly placed a group of women from lower-income families who were picketing the Ministry of Labor and Social Support for increased government assistance into quarantine.

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Posted on June 10, 2020

EXPLAINER-Pyongyang calling: What we know about the hotlines to North Korea

North Korea has said it is cutting communication hotlines with South Korea, a tactic the isolated country has used repeatedly during periods of rising tension. At least 49 hotlines have been …

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Posted on June 10, 2020

APICORP offers $40mln as finance for first ISTP in Saudi Arabia

DAMMAM — The Arab Petroleum Investments Corporation (APICORP), a multilateral development financial institution, announced Tuesday that it has provided $40 million in financing to the Kingdom of Saudi …

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Posted on June 10, 2020

Turkey’s Veto in the Eastern Mediterranean Isn’t Enough

The Eastern Mediterranean epitomizes the shifts in the global order: American retrenchment, coupled with the continuing ineffectiveness of the European Union, has created space for local actors to …

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