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Posted on September 9, 2020

UAE reports 883 new coronavirus cases, highest since late May

The United Arab Emirates recorded 883 new coronavirus infections on Wednesday, its highest daily increase in over three months. Daily infections in the Gulf Arab state have risen in recent weeks, ... ( read original story ...)

Posted on September 9, 2020

H.E. Obaid Humaid Al Tayer participates in the United Nations Finance Ministers meeting

That, in addition to launching a large-scale, coordinated, and comprehensive multilateral response to the COVID-19 emergency ... ( read original story ...)

Posted on September 9, 2020

Kazakhstan’s budget lost 610 bln tenge due to quarantine and a drop in tax payments

Kazakhstan’s budget lost 610 bln tenge due to quarantine and a drop in tax payments. NUR-SULTAN. Sept 9 (Interfax-Kazakhstan) – The government budget of Kaz ... ( read original story ...)

Posted on September 9, 2020

Pandemic Has Doubled Growth of Kazakh Retail Investors, According to Kazakh Stock Exchange

The world has seen a sudden increase in the numbers of retail investors amid the pandemic and Kazakhstan has followed a similar trend. The growth rate of new accounts has doubled, reaching 4.5 percent ... ( read original story ...)

Posted on September 9, 2020

Sri Lanka Considers Offering Hedging Options to Attract Foreigners

Sri Lanka is planning incentives to attract overseas investors into local-currency bonds in a bid to reduce the nation’s reliance on foreign debt amid the coronavirus pandemic. ( read original story ...)

Posted on September 9, 2020

Possible war crimes in Yemen fuelled by arms flows from West, Iran – UN

Weapons provided by Western powers and Iran to the warring sides in Yemen are fuelling the six-year-old conflict, marked by deadly Saudi-led coalition air strikes and Houthi shelling, U.N. ( read original story ...)

Posted on September 9, 2020

Saudi Arabia’s Financial Woes Mean It’s Squeezing Cash Cow Aramco

The world’s biggest oil company is getting squeezed by its main shareholder, the Saudi Arabian government.Even with crude dropping below $40 a barrel this week and its cash flow plunging, Saudi Aramco ... ( read original story ...)

Posted on September 9, 2020

Saudi Binladin to Hire More Advisers for $15 Billion Debt Revamp

Saudi Binladin Group plans to hire more advisers to accelerate one of the Middle East’s biggest corporate-debt revamps and tackle its estimated $15 billion debt pile. ( read original story ...)

Posted on September 9, 2020

Philippine Central Bank’s Maiden Bond Offer Set for Next Week

The Philippine central bank will begin selling its own securities next week, a new instrument that it said will become its main tool to control liquidity in the financial system. ( read original story ...)

Posted on September 9, 2020

Why Pakistan’s new plan to fix the bureaucracy won’t work

The new retirement rules are indicative of the priorities of the government or its desire to aim at low hanging fruit. ( read original story ...)

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