The United Nations has commended Pakistan’s gains in the fight against the coronavirus but warned complacency during the coming Islamic festival of Eid al-Adha could lead to a new surge in cases. ... ( read original story ...)
Al Salam Bank-Bahrain launches new and fully customizable digital banking app
Customers enjoy an elegant, intuitive and fully customizable user experience A range of exciting new features include enhanced, state-of-the-art security and new ‘Family Account’ offering, catering to ... ( read original story ...)
JPMorgan’s development finance arm structures first deal
JPMorgan's JPM.N 's development finance institution has structured its first deal, a $250 million five-year green bond for a power firm ... ( read original story ...)
COVID-19 Crisis Prompts a Refresher on Georgia Insolvency Law
Lawyers may unknowingly advise clients to take actions that violate insolvency law, potentially exposing their clients and themselves to liability. ( read original story ...)
UAE economy is strong and resilient to curb crises: Official
Younis Haji Al Khoori, Under-Secretary of Ministry of Finance, has said that the United Arab Emirates has proven itself to be a model to the world when it comes to dealing with the novel coronavirus, ... ( read original story ...)
NBC head underscores value of women’s access to finance
Unlocking greater access to formal finance for Cambodian women will play a strategic role in the process of the Kingdom’s economic development, National Bank of Cambodia (NBC) director-general Chea ... ( read original story ...)
Caesar Act sanctions are crippling Syria’s beleaguered health sector
Many hospitals need urgent reconstruction, but sanctions are preventing them from importing critical equipment ... ( read original story ...)
Turkey Comes to Terms With Pandemic Inflation That Tied Up Rates
Turkey’s central bank is having to reckon ... “More important will be a strengthened commitment to price and financial stability.” ... ( read original story ...)
Lira sinks even as Turkey spends billions of dollars to prop it up
Authorities had previously succeeded in holding the lira steady at around TL6.85 since mid-June. The tumult has defied vigorous resistance from Turkey’s state banks. One London based-analyst said the ... ( read original story ...)
Lira Defies Turkey’s $2.5 Billion Defense as Rout Deepens
Turkish state banks sold at least $2.5 billion to help prop up the lira this week, trying to shield it from foreign outflows and demand for foreign currency spurred by a widening current-account ... ( read original story ...)