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 …
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 …
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 …
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 …
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 …
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.
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 …
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 …
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 …
SE Asia Stocks-Indonesia, Philippines sink 2% as stimulus, coronavirus worries weigh
Indonesia posts biggest daily rise in coronavirus infections * Malaysia, Vietnam flat By Arundhati Dutta June 10 (Reuters) – Indonesian stocks plunged on Wednesday after it reported a record surge in …