Armenia's central bank kept its key refinancing rate unchanged on Tuesday at 4.5%, the bank said in a statement. The central bank cut the refinancing rate to 4.5% from 5% in June, to 5% from 5.25% ... ( read original story ...)
Kuwait Fund Sues London Boss Who ‘Blew’ Budget on Bonuses
(Bloomberg) -- Kuwait Investment Authority, the fourth-largest sovereign wealth fund, is caught up in a legal dispute with former managers at its U.K. office over accusations of inflated bonuses.The ... ( read original story ...)
Israel’s Enlight gets financing for Golan Heights wind farm
Enlight Renewable Energy Ltd said on Tuesday it has secured financing for a wind farm project in the Israeli-controlled Golan Heights that will produce 189 megawatts of electricity from 39 turbines. A ... ( read original story ...)
Finance Ministry vice director of budget Ariel Yotzer quits
Finance Ministry vice director of budget Ariel Yotzer informed director Shaul Meridor that he will be leaving the position, the ministry reported in a press release on Tuesday. He is the second ... ( read original story ...)
HashCash Consultants Listed as the Top Blockchain Development Company in UAE
HashCash Consultants continues garnering accolades, solidifying its position globally as one of the leading software enterprises with specialization in new-age technologies. Known for its cutting-edge ... ( read original story ...)
KKR’s corporate lending arm to merge with NBFC startup Incred Finance; to emerge as largest shareholder
KKR’s investors including the US-based Teacher Retirement System of Texas and UAE’s sovereign wealth fund Abu Dhabi Investment Authority will become the largest investors in the merged entity. ( read original story ...)
Capex of UAE telcos increases 49% in second-quarter amid weak revenues
Etisalat and du have increased their network capacity to sustain an increase in data traffic due to remote learning and work from home initiatives ... ( read original story ...)
No plan to hike taxes – Jordan Finance minister
AMMAN — The government is “committed” not to impose new taxes or increase them, Minister of Finance Mohamad Al-Ississ said on Monday. Speaking during a joint press conference with Director General of ... ( read original story ...)
Germany arrests woman accused of joining IS in Syria
German authorities on Tuesday arrested a woman accused of traveling to Syria with her four young children to join the Islamic State group, as well as her brother-in-law, who ... ( read original story ...)
Syrian refugees grow crops from old mattresses
Syrian refugees, working with experts from University of Sheffield and the United Nations Refugee Agency UNHCR, are using hydroponic farming to grow vertical gardens. ( read original story ...)