They now share a vision with DIFC to drive the future of finance by developing the next generation of tools for use in the industry. With Dubai recognised as one of the world’s top ten FinTech …
UAE’s Dana Gas appoints financial adviser for Islamic bonds
Dana Gas rocked the global Islamic finance industry in 2017, when it said it would not redeem its $700 million sukuk, or Islamic bonds, arguing they were no longer valid under UAE law because of …
August 16 registration deadline set for guest workers in Jordan wishing to return home
Guest workers and their families, who leave the Kingdom after their registration is accepted, will be exempted from residency fines and all other financial dues … in a statement carried by the …
Philippines, ADB ink $26.5-M Local Governance Reform Project loan
The Philippines inked a $26.5-million Asian Development Bank (ADB) loan which would finance the reforms needed to improve local property valuation and tax collection.
FATF review of India’s anti-money laundering and terror financing regime pushed to 2021 due to Covid-19
The FATF is a global money laundering and terrorist financing watchdog that sets international standards to prevent illegal activities in the economic and financial channels of a country and its inter …
India to announce financial assistance package for Maldives economic recovery post COVID-19: High Commissioner
Sudhir said that India has provided all possible assistance to the Government of the Maldives in the form of medical supplies, medical teams, essential food supplies and financial assistance.
Virus-induced economic challenges not the only ones
He is a former senior economist at the International Monetary Fund, an ex-advisor in the Cyprus finance ministry and a former senior advisor at the Central Bank of Cyprus …
West should designate Muslim Brotherhood as terrorist organisation
Despite receiving a strong financial and moral support from Qatar … Starting from Bahrain, Syria, Tajikistan, Kazakhstan, Turkmenistan up until Uzbekistan, all have designated the Ikhwan as …
Dubai’s real estate sector records transactions worth Dhs72.5bn in H1 2020
Also in July, Sheikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai and Minister of Finance, issued a directive for business tenants of Dubai Developments Group properties in the emirate …
Kazakhstan sues NY financier over $500 mln-plus arbitration dispute
Kazakhstan is suing a New York financier, alleging he conspired with a Moldovan businessman to fraudulently secure an arbitration award of over $500 million against the oil-rich nation, according to …