Commercial Bank of Dubai, one of the leading banks in the UAE, has won the "Best Commercial Bank" award and "Best Digital Transformation" award at the MEA Finance 2020 Awards. The award was received ... ( read original story ...)
Jordan’s draft 2021 budget projects 2.5% growth, finance minister says
Jordan's draft 2021 budget forecasts 9.9 billion dinars ($14 billion) in state expenditure and economic growth of 2.5% after the COVID-19 pandemic caused the worst contraction in decades, the finance ... ( read original story ...)
Pandemic, economy worsen situation for Syria’s minority Christians
As poverty and hardships deepen for Kurdish and Yazidi Christians, they also find themselves trapped in a political stalemate -- rejected by the Muslim regime and other Christians. ( read original story ...)
S.Korea revised Q3 GDP up 2.1%, ticks up from advanced estimates
South Korea's economy expanded by a seasonally adjusted 2.1% in the July-September period from the previous quarter, revised central bank data showed on Tuesday, notches above the 1.9% growth ... ( read original story ...)
UN agency hit with corruption allegations at climate projects
The United Nations Development Programme is facing several allegations of fraud and corruption linked to the multibillion-dollar Global Environment Facility, according to documents seen by the ... ( read original story ...)
A Responsible Withdrawal From Afghanistan
For years, the stalemate in Afghanistan has left American officials torn between two bad options: Prop up a corrupt, hopelessly divided Afghan government indefinitely or admit defeat and go home, ... ( read original story ...)
Korea Economy Grows More Than First Estimated Last Quarter
(Bloomberg) -- South Korea’s economy grew at a faster pace than initially estimated last quarter, as greater investment boosted the country’s rebound from its pandemic-driven slump. Gross domestic ... ( read original story ...)
Turkey in the future of IT funds
The information technology (IT) sector has been steadily growing in recent years and has transformed into a gigantic economy worth $350 billion (TL 2.75 trillion). The ... ( read original story ...)
Default rate on bank debts drops in Bangladesh. But analysts say the public are being misled
The amount of bad debts in the banking sector has dropped by Tk 16.77 billion to Tk 944.4 billion at the end of September, according to the central bank but analysts have dismissed the data as a ... ( read original story ...)
Hong Kong leader Carrie Lam is getting paid in cash because banks won’t deal with her
US sanctions have cut off Hong Kong Chief Executive Carrie Lam from the global banking system, the controversial political leader says, forcing her to stockpile cash. ( read original story ...)