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Posted on June 21, 2025

TBC Uzbekistan CEO Hughes building a Central Asian digital-only banking giant with retail, SME lending and AI services

By Ben Aris in Tashkent Since it arrived in Uzbekistan in 2020 by taking over a fintech payment system, Georgia’s TBC has taken the market by storm. The country’s only pure online bank has grown by ...

Posted on June 21, 2025

Uzbekistan Reveals Growth In Small Business Sector In Early 2025

Breaking down the new businesses by economic sector shows that trade leads in activity, followed by agriculture, industry, and services: The data elucidates the persistent diversification and ...

Posted on June 21, 2025

Saudi Arabia announces new credit card rules

The Saudi Central Bank (SAMA) has announced updated credit card rules. The updated regulations will be for credit card issuance and operation, targeting cost reduction for customers whilst increasing ...

Posted on June 21, 2025

Why Airbus’s huge deal with Saudi Arabia’s new airline is a major win for the A350

Riyadh Air, the upstart carrier aiming to boost tourism to Saudi Arabia as part of Vision 2030, has ordered as many as 50 new jets from Airbus.

Posted on June 21, 2025

USAF general talks ‘remarkable’ aircraft needed if 30,000 lb bomb were to be dropped on Iran nuke site

B-2 bomber with massive 30,000-pound penetrator bomb would be required for complex 6,000-mile mission to Fordow ...

Posted on June 21, 2025

Japan: The deep roots of a struggling economic giant

The Japanese economy, long a model of prosperity and fiscal discipline, is going through a period of complex turbulence. Between a contraction in its Gross Domestic Product (GDP), a consumer crisis, ...

Posted on June 21, 2025

Marcos heads to Japan for World Expo, business meetings

President Ferdinand Marcos Jr. left for Osaka, Japan, on Thursday afternoon to attend the World Expo 2025, a Palace official said. Palace Press Officer Claire Castro said Marcos left around 1 p.m.

Posted on June 21, 2025

Bangladesh fails to fully tap $30m omasum market

According to exporters, the global market for omasum and pizzle is worth an estimated $2.56 billion (Tk30,000 crore), while Bangladesh currently earns around Tk150 crore ($12.5 million) annually by ...

Posted on June 21, 2025

World Bank approves $500m budget support for Bangladesh

The "Strengthening Governance and Institutional Resilience Development Policy Credit" supports public and financial sector reforms, which are key for sustained economic growth ...

Posted on June 21, 2025

Chinese delegation explores investment opportunities in Pakistan’s housing sector

A high-level Chinese business delegation, led by CEO of DongKai International Investment Yao Yu called on Minister for Housing and Works, Mian Riaz Hussain Pirzada, in Islamabad on Monday.

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