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Category: FINANCE

Posted on June 30, 2020

Bahrain to pay 50% of salaries of private sector staff

The extension of stimulus measures, announced by the kingdom’s Minister of Finance and National Economy … Al Khalifa added: “Until such time as we can return Bahrain to delivering strong and …

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Posted on June 30, 2020

Bahrain extends stimulus for private sector, citizens

MANAMA: Finance and National Economy Minister Shaikh Salman bin Khalifa … stimulus measures following consultation with the legislative authority and the Bahrain Chamber of Commerce and Industry.

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Posted on June 30, 2020

Armenia and USA discussed financial assistance, readmission and Karabakh issues

Armenia’s Foreign Minister Zohrab Mnatsakanyan held a telephone conversation on June 29 with Philip T. Reeker, the US Acting Assistant Secretary of State for European and Eurasian Affairs, the press …

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Posted on June 30, 2020

Muslim Democratic Caucus of Texas: The Annexation of Palestinian Territory is not acceptable; Israeli Human Rights violations must end in Palestine

Muslim Democratic Caucus of Texas: The Annexation of Palestinian Territory is not acceptable; Israeli Human Rights violations must end in Palestine PR Newswire DALLAS, June 30, 2020 DALLAS …

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Posted on June 30, 2020

COVID-19: Kuwait to resume commercial flights in August

Kuwait has suspended all commercial and international flights in March because of the COVID-19 pandemic. It is still widely expected that the Cabinet will on Thursday launch Kuwait’s transition to the …

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Posted on June 30, 2020

Wirecard Faces Expanded Investigation by Singapore Authorities

Singapore’s financial regulators are working with local police to scrutinize aspects of the case surrounding Wirecard AG, the scandal-ridden German payments company.

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Posted on June 30, 2020

Dubai World pays $8.2bn early to complete debt revamp

Payment was made using funds from asset sales, dividend payments and the delisting of port operator DP World Ltd …

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Posted on June 30, 2020

Dubai World Fulfils Obligations to Creditors Totalling USD 18.9 Billion

Dubai World announced today the repayment of the final tranche of debt to its original creditors, completing the refinancing program that commenced in 2010.

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Posted on June 30, 2020

Crypto Exchange and Custodian DEX Gains UAE License

DEX, a digital asset trading platform, announced that it has secured a Financial Services Permission (FSP) from the Financial Services Regulatory Authority (FSRA) in the United Arab Emirates (UAE).

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Posted on June 30, 2020

Ensure your firm abides by the new UAE economic substance rules to avoid hefty penalties!

Have you set up your company in line with the new UAE economic substance rules? If you have not yet, do it now – because if the looming deadline passes, which is today – June 30, be prepared to pay a …

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