The United Arab Emirates has succeeded with the initial stage of its first ever Mars mission, thanks to the launch of an H-IIA rocket built by Mitsubishi Heavy Industries from Tanegashima Space ... ( read original story ...)
Maksab, a Digital Deal Making Platform for SMEs, Launches in Dubai
Maksab, a blockchain-enabled digital platform that aims to promote high growth opportunities via a virtual deal-making marketplace, has launched in Dubai. The company notes ... The International ... ( read original story ...)
Dubai Builders Worse Off Than Abu Dhabi Peers, Moody’s Says
Abu Dhabi real estate companies will face less severe headwinds from the double whammy of the coronavirus pandemic and lower oil prices than those in neighboring Dubai, Moody’s Investors Service said. ( read original story ...)
Azerbaijan’s SOCAR makes another payment to bondholders
State Oil Company of Azerbaijan (SOCAR ... which is the best-selling corporate financial instrument on the Baku Stock Exchange since its launch. The volume of repo transactions exceeded $36 ... ( read original story ...)
N. Korea’s Kim fires officials for extortion
North Korea’s leader has sacked officials building a hospital after they pressed the public for contributions, media reported on Monday, the second rebuke linked to the high-profile project in a ... ( read original story ...)
Central Bank of Uzbekistan sets currency exchange rates for July 21 – 28
Uzbekistan’s Central Bank of Uzbekistan has announced new exchange rates, which will be valid starting July 21, Trend reports with reference to the bank. The US dollar rate rose to 10,210 soum ... ( read original story ...)
The women-only bank that could help Afghanistan’s economy recover from coronavirus
In a country where women are shut off from work and finance the government hopes the new venture will lift families out of poverty ... ( read original story ...)
To finalize pending issues, Chabahar-Zahedan railway project waiting for Iran to appoint entity; details
In order to finalize the outstanding technical and financial issues that are related to the venture which was still awaited, India asserted that the Iranian side was to nominate an authorized entity. ( read original story ...)
Philippines, World Bank sign $370-M loan to speed up land distribution under agrarian reform program
The Philippines and World Bank last week signed a $370-million loan agreement meant to fast-track the distribution of about 1.4 million hectares of land to an estimated 750,000 farmers who are ... ( read original story ...)
Philippines, World Bank sign US$370mil loan agreement to support farmers
The Philippines and the World Bank have signed a US$370mil loan agreement for a project to support Filipino farmers, the country's Department of Finance (DOF) said on Monday. ( read original story ...)