Turkey's lira slipped on Thursday after a bigger than expected spike in inflation, while most other emerging market currencies in Europe, the Middle East and Africa retreated on soft economic readings ... ( read original story ...)
Bank ABC wins best Bahrain bank award for 2020
Bank ABC, a leading international bank in the Mena region, has won the Bank of the Year in Bahrain, award from The Financial Times publication 'The Banker magazine' in recognition for its robust ... ( read original story ...)
Singapore Urged to Raise Audit Standards to Avoid ‘Failures’
Singapore needs to raise its auditing and accounting standards to help boost the nation’s ESG credibility following a series of corporate scandals, according to the country’s top central banker. ( read original story ...)
Israel transfers over $1 billion in tax revenues to Palestinians
The Palestinian Authority suspended the transfers in May, worsening the cash-strapped government's financial woes. ( read original story ...)
Leumi Named 2020 Bank of the Year in Israel by The Banker
"Congratulations to Bank Leumi for scooping the accolade for Israel in The Banker 's Bank of the Year Awards 2020," says Joy Macknight, managing editor of The Banker. "In addition to the bank's strong ... ( read original story ...)
Israel economy to shrink 4.2% in 2020, grow 4.5% in 2021 – Finance Ministry
Israel's economy is poised to shrink 4.2% in 2020 and grow 4.5% next year, the Finance Ministry estimated on Monday in an updated forecast. ( read original story ...)
United Arab Emirates (UAE) Life Insurance Market, Key Trends and Opportunities Report 2020-2023 – ResearchAndMarkets.com
Key trends and Opportunities to 2023” report has been added to ResearchAndMarkets.com’s offering. ‘United Arab Emirates (UAE) Life Insurance - Key trends and Opportunities to 2023’ report provides ... ( read original story ...)
Malaysia’s economy to recover next year: MIDF Research
Malaysia’s economy is set to recover in 2021, driven by domestic support, although headwinds in 2020 will continue to persist next year and weigh on growth expectation. ( read original story ...)
Turkey vows to establish price stability as inflation rises to 14.03% in November
Turkey’s annual inflation jumped by more than expected to 14.03% in November, its highest since August 2019, keeping up the pressure for tight monetary policy after a sharp ... ( read original story ...)
EMERGING MARKETS-Turkey’s lira slips on higher than expected inflation
Turkey's lira slipped on Thursday after a bigger than expected spike in inflation, while most other emerging market currencies in Europe, the Middle East and Africa retreated on soft economic readings ... ( read original story ...)