Speaking at the meeting on Tuesday, Sheikh Mansoor bin Mohammed said the Council’s strategy and plans are in line with the vision of His Highness Sheikh Mohammed bin Rashid Al M …
Syria: An Offer The Assads Cannot Refuse
They did and took action. A decade of fighting has devastated the Syrian economy and if the Assads want to retain their power, they have to organize some financial aid from somewhere to rebuild the …
Dubai to launch global network of 50 offices for commerce promotion
Dubai, the finance and trade hub of the Middle East, will open a global network of 50 offices spanning five continents for the commercial promotion of the emirate. The “Global Dubai” network aims to …
Syria: An Offer The Assads Cannot Refuse
They did and took action. A decade of fighting has devastated the Syrian economy and if the Assads want to retain their power, they have to organize some financial aid from somewhere to rebuild the …
Report: More than 306,000 civilians die in Syrian civil war since 2011
More than 306,000 civilians have died in Syria since the start of the country’s civil war from 2011 to last year, the United Nations Human Rights Office said in a report released Tuesday.
Kazakhstan to go ahead with KazMunayGaz flotation
Kazakhstan authorities are moving ahead with a long awaited initial public offering to float a portion of stocks in the country’s fourth largest oil and gas producer KazMunayGaz. The decision was …
Sri Lanka runs out of fuel: What happens when a country has no energy?
World must refuel the Sri Lanka economy without any delay. The island has run out of all options. Will the global leaders keep staring at the starving Sri Lankans? Desperate situation calls for a …
Nepal Running Out of Forex Reserves to Fund Imports
In the ongoing fiscal year, the total foreign exchanges of Nepal have decreased by an alarming 21.1%. In July 2021, the total forex reserve was $11.75 billion, which has decreased to $9.28 billion …
Malaysia to spend 20 billion USD on subsidies in 2022
The total amount of subsidies for Malaysian people is expected to reach near 80 billion RM (nearly 20 billion USD) in 2022, according to Malaysian Minister of Finance Zafrul Tengku Abdul Aziz.
Uzbekistan: Sanctions against Russia scotch bank buyout
Sanctions against the Russian financial sector have foiled a multimillion-dollar agreement on the purchase of an Uzbek bank. This deals a blow to Tashkent’s bid to reduce the state’s massive footprint …