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 …
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 …
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 …
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.
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.
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 …
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 …
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.
Bangladesh Bank sets age limits for NBFI independent directors
The Bangladesh Bank has set minimum age range of independent directors for non-bank financial institutions. From now on, no one below the age of 45 or above 75 can be appointed as an independent …
KSrelief Signs Memorandum of Financial Support for Surveying, Clearing Explosives in Iraq
The King Salman Humanitarian Aid and Relief Center (KSrelief) signed on Wednesday a memorandum of financial support with the Iraqi Ministry of Environment to finance projects for surveying, clearing, …