Israeli Prime Minister Benjamin Netanyahu on Tuesday accused Lebanon's Hezbollah of storing weapons near a gas company in a residential Beirut neighborhood, but the Iran-backed movement denied it. ( read original story ...)
CEO of UAE digital finance firm Deem to step down
De Bruin has informed the board of directors of his plans to resign to "pursue other endeavours", the company said in a statement. Deem has named Jayasheel Bhansali, currently serving as the company’s ... ( read original story ...)
Saudi Arabia strengthens position as world’s largest Islamic finance market
Moody’s anticipates a shift to more Shariah-compliant finance over the next 12-18 months as corporates and households increasingly use Islamic products, even as low oil prices and the coronavirus ... ( read original story ...)
Qi Card Ignites Financial Inclusion In Iraq Through Electronic Payments And Loan Programs
30, 2020 /PRNewswire/ -- Qi Card, the leading electronic payment solution and default national debit/credit card of Iraq, is paving the path toward financial inclusion with digital payments, ... ( read original story ...)
China Evergrande Shares Jump on Debt Reduction Progress
Investors dumped China Evergrande's shares and bonds on Friday after a leaked document - later dismissed by the company as a fabrication - suggested the nation's second-biggest property developer by ... ( read original story ...)
REFILE-Myanmar reports 424 new COVID-19 cases in record daily rise
Myanmar reported 424 new coronavirus infections on Friday, the Southeast Asian country's biggest daily rise so far, amid a recent resurgence of the virus after weeks without confirmed domestic ... ( read original story ...)
Thailand Set to Borrow $46 Billion to Fund Virus Recovery
Thailand will borrow $46 billion next year as the Southeast Asian nation expands its fiscal stimulus measures to counter the economic impact from the coronavirus pandemic amid dwindling state revenue. ( read original story ...)
Turkey sees modest growth this year despite pandemic
Turkey's economy is set to grow 0.3% this year as it recovers from the impact of the coronavirus pandemic, its finance minister said on Tuesday, pledging more normalisation steps to boost the economy ... ( read original story ...)
Philippines based Fintech PayMongo, an Online Payments Platform, Secures $12 Million via Round led by Stripe
Philippines-based PayMongo, an online payments platform, has secured $12 million in capital through a Series A investment round led by payments processor Stripe PayMongo provides an online payments ... ( read original story ...)
How has Bangladesh managed the pandemic-affected economy so far?
Some indicators of the Bangladesh economy have started to show positive signs in the recent period. Among those are remittances and exports of readymade garments (RMG), which were affected hugely ... ( read original story ...)