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Posted on March 13, 2024

Azerbaijan-Kazakhstan joint investment fund to spur transfer of Kazakh oil through BTC

A new chapter is being opened in the relationship between Azerbaijan and Kazakhstan, the two Turkic-speaking countries.

Posted on March 13, 2024

Mitgo Group acquires UAE finance platform Embedded

Mitgo Group has acquired the UAE-based embedded finance platform “Embedded” for undisclosed value. Founded in 2023 by Oleg Chanchikov, Embedded offers embedded financial services, which will augment ...

Posted on March 13, 2024

Exclusive: Azeri oil firm which took Russian funds redeems US bank loans early, sources say

Azeri oil firm Socar has redeemed a $1.3 billion syndicated loan led by U.S. banks Citi and JP Morgan two years ahead of schedule, around the time the Azeri firm received a loan of a similar amount ...

Posted on March 13, 2024

Dubai IPOs raised $9.4bn in the past three years amid continued economic boom

Companies in Dubai raised Dh34.5 billion ($9.4 billion) through selling shares on the Dubai bourse in the past three years, amid strong investor interest. Aggregate investor demand for those listings ...

Posted on March 13, 2024

Sun Finance faces regulatory hurdles in Kazakhstan: what does It mean for investors?

In the face of uncertainty, investors must exercise caution and closely monitor developments in Kazakhstan's regulatory landscape. Ultimately, the resolution of the Sun Finance incident will serve as ...

Posted on March 13, 2024

US commission urges action on alleged North Korean labor in China fishing

A U.S. congressional commission has called on the Biden administration to act against alleged forced labor involving North Korean workers in China's fishing industry, saying seafood sales to U.S.

Posted on March 13, 2024

NEPSE records 2 point decline, finance sector leads gains

The Nepal Stock Exchange (NEPSE) saw a 2.48-point decline, settling at 2,108.72 points by the close of Wednesday's trading session, marking a 0.11% decrease.

Posted on March 13, 2024

Malaysia’s State-Run Investment Funds Had a Mixed 2023

The largest public savings and investment fund in Malaysia is called the Employee Provident Fund, or EPF. Enrollment in the fund is compulsory for most Malaysians working in the private sector, with a ...

Posted on March 13, 2024

Malaysia’s State-Run Investment Funds Had a Mixed 2023

The largest public savings and investment fund in Malaysia is called the Employee Provident Fund, or EPF. Enrollment in the fund is compulsory for most Malaysians working in the private sector, with a ...

Posted on March 13, 2024

Returns On Capital At Malaysia Smelting Corporation Berhad (KLSE:MSC) Have Stalled

Therefore, Malaysia Smelting Corporation Berhad has an ROCE of 16%. In absolute terms, that's a satisfactory return, but compared to the Metals and Mining industry average of 5.8% it's much better.

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