Union de Banques Arabes et Françaises (UBAF), a French bank specialising in trade finance, has agreed to pay US$8.5mn to settle allegations of sanctions breaches brought by US federal regulators. ( read original story ...)
Qatar’s finance minister attends opening ceremony of luxury hotel in Cairo
The visit came a few hours after Egypt and Gulf countries inked the Al-Ula agreement for reconciliation with Qatar ... ( read original story ...)
OPEC allows Russia, Kazakhstan to raise output
The Organization of Petroleum Exporting Countries (OPEC) and non-bloc producers agreed to allow Russia and Kazakhstan to slightly raise oil output in the next two months. ( read original story ...)
Azerbaijan amends interim financial relief regime for pandemic-affected taxpayers
The Azerbaijani Tax Code was subjected to amendments due to a significant change in economic conditions as a result of the COVID-19 pandemic spreading and a temporary tax regime was imposed in 2020 in ... ( read original story ...)
OPEC allows Russia, Kazakhstan to raise output
The Organization of Petroleum Exporting Countries (OPEC) and non-bloc producers agreed to allow Russia and Kazakhstan to slightly raise oil output in the next two months. ( read original story ...)
Kim Jong Un admits his economic plan for North Korea has failed
North Korean leader Kim Jong Un has admitted his economic development plans for the country are a failure. In his opening speech to the congress of the Workers' Party, Mr Kim confessed his five-year ... ( read original story ...)
Kim Jong Un admits his economic plan for North Korea has failed
North Korean leader Kim Jong Un has admitted his economic development plans for the country are a failure. In his opening speech to the congress of the Workers' Party, Mr Kim confessed his five-year ... ( read original story ...)
Oil Refiners Reel From Saudi Pledged Cuts Even as Demand Eases
Several oil refiners in Asia were taken aback by Saudi Arabia’s pledge to curb 1 million barrels a day of supplies from next month even as they planned for maintenance that will trim demand. ( read original story ...)
Oil Refiners Reel From Saudi Pledged Cuts Even as Demand Eases
Several oil refiners in Asia were taken aback by Saudi Arabia’s pledge to curb 1 million barrels a day of supplies from next month even as they planned for maintenance that will trim demand. ( read original story ...)
S. Korea has ‘no plans’ to raise fuel taxes, cut inheritance tax
South Korea’s Finance Ministry said Wednesday that it has no plans to raise taxes on gasoline and diesel this year, despite its vows to go carbon neutral by 2050, and hinted that it will likely ... ( read original story ...)