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Posted on July 14, 2020

BRI: Saudi Arabia, Egypt support new multilateral fund for Belt and Road infrastructure projects

Saudi Arabia and Egypt are among the six countries participating … and the Philippines to donate a total of $180.2 million to the new Multilateral Development Finance Cooperation Centre (MCDF) fund, …

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Posted on July 14, 2020

USW Welcomes ITC’s Preliminary Determination on PVLT Tires from Korea, Taiwan, Thailand and Vietnam

The United Steelworkers (USW) union today welcomed the ITC’s preliminary determination on passenger vehicle and light truck (PVLT) tires from Korea, Taiwan, Thailand and Vietnam.

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Posted on July 14, 2020

Sharjah’s ‘Big Heart’ reveals $1.6m humanitarian projects in Kenya, Pakistan, Jordan

Sharjah: Sharjah-based global humanitarian charity The Big Heart Foundation (TBHF) on Tuesday announced the allocation of $1.6 million (around Dh5.88 million) to launch five humanitarian projects in …

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Posted on July 14, 2020

Armenia’s total public debt increased by $27.276 million to $7 433.305 million in May 2020

Armenia’s total public debt of amounted to $ 7,433.305 million at the end of May 2020 after increasing by $ 27.276 million over one month, the National Statistical Committee reports.

…

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Posted on July 14, 2020

Taiwan regulator holds emergency meet as currency soars

Taiwan’s financial regulator held an emergency meeting last week with major banks to discuss the soaring Taiwan dollar due to concern from exporters and the highest levels of government, three sources …

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Posted on July 14, 2020

China to sanction Lockheed Martin over Taiwan sales: reports

China on Tuesday said it would sanction Lockheed Martin over U.S. sales of surface-to-air missiles to Taiwan, both Bloomberg and Reuters reported, citing comments from a foreign ministry spokesperson.

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Posted on July 14, 2020

China says to sanction Lockheed Martin over Taiwan arms sale

China will put sanctions on Lockheed Martin for involvement in the latest U.S. arms sale to Chinese-claimed Taiwan, China said on Tuesday, adding tension to its troubled relationship with the United …

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Posted on July 14, 2020

Qatar- Turkey moving forward to broaden its Islamic finance base

(MENAFN – Gulf Times) The Covid-19 pandemic has led to a situation in Turkey which prompted economists and financial experts to think about the establishment of an alternative economic order to avoid …

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Posted on July 14, 2020

Qatar- QFB appoints Abdulrahman Totonji as ACEO

Qatar First Bank (QFB), the first independent Shari’ah compliant bank authorised by the QFC Regulatory Authority, announced yesterday the appointment of Abdulrahman Totonji as its new Acting CEO (ACEO …

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Posted on July 14, 2020

Korea Looking Into H.K. Hedge Fund That Halted Some Withdrawals

South Korea’s financial regulators are looking into a Hong Kong-based hedge fund that has halted withdrawals from some of its funds by Korean investors, according to people familiar with the matter.

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