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Posted on September 8, 2020

Bahrain Offers Dollar Bond, Sukuk to Plug Growing Budget Gap

(Bloomberg) -- Bahrain started marketing a three-tranche dollar bond to help plug one of the biggest budget deficits in the world.The Gulf nation is selling benchmark-size seven-year Islamic bonds as ... ( read original story ...)

Posted on September 8, 2020

VTB Bank (Armenia) and Toyota Armenia car dealership offer unprecedented car loans

VTB Bank (Armenia) and Toyota Yerevan car dealership have announced today the launch of a joint car loan program on unprecedented favorable terms. ... ( read original story ...)

Posted on September 8, 2020

Kuwait cuts $3 bln from 2020-21 budget, lawmaker says

DUBAI, Sept 8 (Reuters) - Kuwait has cut 945 million dinars ($3.09 billion) in expenditure from its budget for the 2020/2021 fiscal year, the head of a parliamentary committee sai ... ( read original story ...)

Posted on September 8, 2020

Kuwait cuts $3 bln from 2020-21 budget, lawmaker says

DUBAI, Sept 8 (Reuters) - Kuwait has cut 945 million dinars ($3.09 billion) in expenditure from its budget for the 2020/2021 fiscal year, the head of a parliamentary committee sai ... ( read original story ...)

Posted on September 8, 2020

Oman announces second stimulus package for economic revival

The latest initiatives come just under six months since the Central Bank announced a raft of policy measures and financial incentives ... ( read original story ...)

Posted on September 8, 2020

Oman announces second stimulus package for economic revival

The latest initiatives come just under six months since the Central Bank announced a raft of policy measures and financial incentives ... ( read original story ...)

Posted on September 8, 2020

Lebanon’s central bank governor won’t step down, says he tried not to let the system ‘collapse’

Lebanon's central bank governor, Riad Salameh, said he doesn't want to resign because he has a strategy to get the country out of this crisis. ( read original story ...)

Posted on September 8, 2020

Singapore state investor Temasek says global economic outlook remains volatile

Singapore state investor Temasek Holdings said on Tuesday that the global economic outlook remained volatile, with the coronavirus crisis and geopolitical tensions creating significant uncertainties ... ( read original story ...)

Posted on September 8, 2020

Lebanon central bank head says he won’t quit despite rumours amid crisis

Lebanon's central bank governor, who has been in the post since 1993, said he had no plan to resign despite rumours he would quit amid a deep financial crisis in the Middle East nation. ( read original story ...)

Posted on September 8, 2020

Israel central banker downplays shekel’s strength vs dollar, urges budget passage

A nearly 10-year peak for Israel's shekel against the dollar is not overly worrisome for central bank policymakers since those gains have been largely offset by a stronger euro, Bank of Israel Deputy ... ( read original story ...)

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