But years of delistings outnumbering new joiners have taken their toll, together with a series of corporate failures and the loss of critical trading business to rivals. Some bearish analysts see it …
Kazakh Gov Plans to Double Its Investment in Digital Currency Mining
Kazakhstan says it will double its digital currency mining investment at the end of this year, and is eyeing a CBDC …
Iraq Looks To Lure Saudi Investment As It Tries To Comply With OPEC+ Deal
Iraq is looking to attract investment from Saudi Arabia in one of its natural gas fields, Iraqi Deputy Prime Minister and Finance Minister, Ali Allawi, told Bloomberg …
Banks Get Punted From Thailand’s List of Most Valuable Companies
Thailand’s biggest banks aren’t so large when it comes to their market values.Siam Commercial Bank Pcl was overtaken last month by agro-industrial firm Charoen Pokphand Foods Pcl, leaving Thailand as …
Bangladesh’s struggles with money laundering
In his address to a seminar on “National Strategy for Prevention of Money Laundering and Combating Financing of Terrorism 2019-2021” in November 2019, Finance Minister Mustafa Kamal said that it is …
India’s Chinese app ban seen jolting ByteDance’s India plans, angers some TikTok users
An Indian ban on dozens of Chinese apps following a border clash between the two nations has possibly derailed a $1 billion India expansion plan of China’s ByteDance, while also sparking an uproar …
Qatar Central Bank issues QR600mn treasury bills for June 2020
The Qatar Central Bank (QCB) issued Wednesday treasury bills for three, six and nine months, for the month of June 2020 with a value of QR600mn.
COVID-19: Kuwait mulls cutting subsidies for citizens
Kuwait City’s skyline … During the weekly cabinet meeting, Barrak Ali Barrak Al Shitan, Minister of Finance, proposed raising the cost of electricity, water and fuel by 25 to 30 per cent …
Georgia to Spend Additional $5 Million on Online Education
With COVID-19 affecting schools across the state, enrollment in the Georgia Virtual School has already risen 30% and officials think it could go much higher, overwhelming the 250 teachers for the …
Israel FinMin opposes return to lockdown despite spike in infections
Israeli Finance Minister Israel Katz said on Wednesday he opposed returning to a nationwide lockdown despite a surge in new coronavirus cases, citing the economic pressures of a prolonged closure.