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Category: FINANCE

Posted on June 29, 2020

Top Lebanese Finance Ministry Official Resigns Amid Crisis

The director general of Lebanon’s Finance Ministry and a member of the country’s team negotiating with the International Monetary Fund resigned from his post on Monday amid a worsening economic and …

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Posted on June 29, 2020

Lebanese finance official in IMF talks resigns post

A senior member of Lebanon’s negotiating team with the International Monetary Fund (IMF) has quit his post as finance ministry director general, telling al-Jadeed TV he had resigned over the way …

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Posted on June 29, 2020

Lebanon Finance Director Resigns to Protest Crisis Handling

Lebanon’s longtime Finance Ministry director general resigned on Monday to protest the government’s handling of the country’s worst financial meltdown in decades. Alain Bifani had been in the post …

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Posted on June 29, 2020

Lebanon’s Team of IMF Negotiators Loses Another Key Official

A key member of the Lebanese government team negotiating a bailout from the International Monetary Fund resigned on Monday, the second official to quit this month as authorities struggle to come …

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Posted on June 29, 2020

Exclusive: Records Reveal Money Trail In Kyrgyz Corruption Scandal

Hundreds of financial records leaked by a self-confessed money launderer at the center of a corruption scandal in Kyrgyzstan have been published, showing how hundreds of millions of dollars linked to …

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Posted on June 29, 2020

Lebanon banks increase exchange rate for dollar deposits

Lebanese banks sought on Monday to encourage depositors to withdraw trapped dollar savings in Lebanese pounds by increasing their exchange rate, as the national currency continued its tumble on the …

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Posted on June 29, 2020

Kyrgyz Charity Run by Powerful Family Received Suspicious Funds Linked to Murdered Money Launderer

Nearly half of donations received by a well-known Kyrgyz charity run by the powerful Matraimov family have been linked to an illicit underground network.

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Posted on June 29, 2020

After Failing to Reach Agreement, Israel’s ‘Coronavirus Cabinet’ to Reconvene

Israel’s “Corona Cabinet,” consisting of ministers of health, finance and others, will meet again on Monday.

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Posted on June 29, 2020

Lapid: There is no government in Israel

“Instead of managing the crisis”, Opposition Leader MK Yair Lapid said, “they created largest bloated government in the history of Israel” …

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Posted on June 29, 2020

Here is why the UAE will become the number one global fintech hub

It’s for this reason deVere, one of the world’s largest independent financial advisory and fintech organisations, has recently announced that it is to develop a major digital finance operation from …

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