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Category: FINANCE

Posted on June 17, 2020

Amid sharp criticism, Finance Ministry cancels tax breaks for controversial foreign NGOs

Israel cancels tax exemptions for foreign groups operating in the Palestinian Authority. ‘Unfathomable that we’d help those who harm Israel’ …

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Posted on June 17, 2020

Investment in Israeli financial tech firms doubled in 2019

Investments in Israeli financial technology firms rose 107% in 2019 to a record $1.8 billion, according to a report released on Wednesday by Start-Up Nation Central. Israel ranks fifth in fintech …

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Posted on June 17, 2020

Explainer: UAE Economic Substance Regulations detail how a company must be managed in the country

The Emirates’ Ministry of Finance has given a timeline to the various regulating authorities for Free Zone and mainland companies in the UAE. This is to ensure the ESR Notifications by all the …

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Posted on June 17, 2020

UAE Ministry of Finance implements Procure-to-Pay

ABU DHABI – The Ministry of Finance, MoF, has announced the successful implementation … the amount of the invoice are directly transferred through the TMS system to the Central Bank of the UAE, then …

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Posted on June 17, 2020

Restoring telecommunication networks in Syria is a key priority

The telecoms sector in Syria has paid a heavy toll from the years of civil war and destruction. The major mobile operators of Syriatel and MTN Syria, along with the incumbent, have been focusing on …

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Posted on June 17, 2020

North Korea broadcasts explosion video as tensions with Seoul and Washington escalate

North Korea has upped the ante even further by broadcasting footage of an explosion in the DMZ linking it to South Korea. North Korean state television has broadcast footage of the demolition of the …

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Posted on June 17, 2020

Fatal clash in the Himalayas ups ante for China and India

India and China sought Wednesday to de-escalate tensions after flexing their muscles in a fatal clash along a disputed border high in the Himalayas that left 20 Indian soldiers dead. The skirmish …

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Posted on June 17, 2020

Macau to require 14-day quarantine for people with recent Beijing travel history

Macau’s government said on Wednesday it will require all people who have been to Beijing within two weeks prior to entering the city to be put under 14 days of medical observation at a designated …

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Posted on June 17, 2020

Atiku warns of financial crisis as debt to revenue ratio hits 99%

Former Vice President, Atiku Abubakar, has again raised concerns over the impending financial crisis, as the country’s debt-to-revenue ratio …

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Posted on June 17, 2020

WTO says Saudi broke global rules in Qatar broadcast dispute

A World Trade Organization panel ordered Saudi Arabia on Tuesday to adhere to global intellectual property rules in a ruling on a dispute with Qatar which accuses Riyadh of blocking its broadcaster …

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