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Posted on June 17, 2020

UK investigates PwC for covering for Palestinian terror group

The decision came after UK Lawyers for Israel complained that PwC firms audited two Palestinian NGOs linked to the PFLP, breaching the OECD Guidelines for Multinational Enterprises. ( read original story ...)

Posted on June 17, 2020

Kyrgyzstan’s parliament confirms Boronov as prime minister

Kyrgyzstan's parliament confirmed Kubatbek Boronov as prime minister on Wednesday, after his predecessor resigned due to a corruption probe against former cabinet officials. Boronov, 55, has served as ... ( read original story ...)

Posted on June 17, 2020

Amid sharp criticism, Finance Ministry cancels tax breaks for controversial foreign NGOs

Israel cancels tax exemptions for foreign groups operating in the Palestinian Authority. 'Unfathomable that we'd help those who harm Israel' ... ( read original story ...)

Posted on June 17, 2020

Israel OK’s transfer of Qatari financial aid to Gaza

Israel approved the transfer of $50 million to the Gaza Strip, apparently in exchange for Hamas keeping calm and refraining from resuming incendiary balloon terrorism. ( read original story ...)

Posted on June 17, 2020

Investment in Israeli financial tech firms doubled in 2019

Investments in Israeli financial technology firms rose 107% in 2019 to a record $1.8 billion, according to a report released on Wednesday by Start-Up Nation Central. Israel ranks fifth in fintech ... ( read original story ...)

Posted on June 17, 2020

UAE Ministry of Finance implements Procure-to-Pay

ABU DHABI - The Ministry of Finance, MoF, has announced the successful implementation ... the amount of the invoice are directly transferred through the TMS system to the Central Bank of the UAE, then ... ( read original story ...)

Posted on June 17, 2020

Explainer: UAE Economic Substance Regulations detail how a company must be managed in the country

The Emirates’ Ministry of Finance has given a timeline to the various regulating authorities for Free Zone and mainland companies in the UAE. This is to ensure the ESR Notifications by all the ... ( read original story ...)

Posted on June 17, 2020

Restoring telecommunication networks in Syria is a key priority

The telecoms sector in Syria has paid a heavy toll from the years of civil war and destruction. The major mobile operators of Syriatel and MTN Syria, along with the incumbent, have been focusing on ... ( read original story ...)

Posted on June 17, 2020

North Korea broadcasts explosion video as tensions with Seoul and Washington escalate

North Korea has upped the ante even further by broadcasting footage of an explosion in the DMZ linking it to South Korea. North Korean state television has broadcast footage of the demolition of the ... ( read original story ...)

Posted on June 17, 2020

Fatal clash in the Himalayas ups ante for China and India

India and China sought Wednesday to de-escalate tensions after flexing their muscles in a fatal clash along a disputed border high in the Himalayas that left 20 Indian soldiers dead. The skirmish ... ( read original story ...)

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