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Category: FINANCE

Posted on June 13, 2020

UAE- Reopening responsibly: DIFC becomes 100% operational

(MENAFN – Khaleej Times) Dubai International Finance Centre (DIFC), the region”s largest financial centre, has fully become fully operation following the disruption and lockdowns imposed due to the …

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Posted on June 13, 2020

Pinsent Masons Hires Norton Rose Partner to Lead Dubai Banking Practice

Pinsent Masons has appointed former Norton Rose Fulbright partner Matthew Escritt to lead the firm’s Middle East banking and finance practice from Dubai. Escritt was with Norton Rose Fulbright for 19 …

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Posted on June 13, 2020

Michigan-Based Derq Assists Dubai Silicon Oasis Authority With Smart City Solutions

Derq, a predictive analytics solution that leverages deployable cameras, sensors, and AI to increase user safety and awareness, formally announced its partnership with the Dubai Silicon Oasis …

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Posted on June 13, 2020

UAE firms fear spike in payment defaults: study

Corporations in the UAE expect increased delays in payments from customers, a growing risk of default and an overall weakening in business performance as the country copes with the disruptive impact …

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Posted on June 13, 2020

Afghanistan- Germany Commits over AFN 5 Billion to Help Mitigate Social & Economic Aspects of COVID-19

The German Federal Ministry for Economic Cooperation and Development (BMZ) has pledged AFN 5.77 billion (EUR 69.8 million) to Afghanistan. The funds are for immediate and direct response to challenges …

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Posted on June 13, 2020

Reseachers in Thailand testing horseshoe bats for coronavirus

Researchers in Thailand began collecting samples from horseshoe bats to test them for coronavirus amid concerns they may pose a threat to local residents, a government statement said on Saturday.

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Posted on June 13, 2020

Lebanon Vows to Stabilize Currency After Night of Angry Protests

Lebanon’s top officials vowed to take measures to strengthen the pound against the dollar after nationwide protests over deteriorating living conditions reignited, piling pressure on the government to …

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Posted on June 13, 2020

Death of Hong Kong? Asia’s top financial hub can’t be ‘killed off’ by Macau, Hainan or even Shanghai

By comparison, out of Hong Kong’s 3.9 million workforce, around 850,000 are employed in finance, insurance and professional services – yes, more than twice Macau’s total workforce. Macau marks 20 …

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Posted on June 13, 2020

Georgia Champion Takes Top Honor at Prestigious International BioGENEius Challenge

Shreya Ramesh, a Milton High School senior, from Milton, Georgia, and local winner of the Georgia BioGENEius Challenge, has taken the top prize at the fiercely competitive International BioGENEius …

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Posted on June 13, 2020

Funding gaps jeopardise aid in Yemen as COVID-19 spreads -UN

United Nations aid agencies voiced alarm on Friday at the deteriorating humanitarian situation in Yemen as COVID-19 spreads and a lack of funding jeopardises life-saving programmes. “More than 30 of …

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