Mongolia’s government is said to be actively seeking to cancel a deal with Rio Tinto (ASX, LON, NYSE: RIO) governing a $6.75 billion expansion of the Oyu Tolgoi copper mine in the Gobi Desert, as it …
ADFD, Turkmenistan ink economic, development coop deal
Abu Dhabi Fund for Development (ADFD) has signed three MoUs with Turkmenistan aimed at strengthening economic and development cooperation through investment in vital sectors that would benefit the …
CBN sticks to unpopular option on digital currency
Exchanges and investors in cryptocurrencies have started reviewing their business strategies as the Central Bank of Nigeria (CBN) sticks to its gun, saying its restriction of transaction in the …
Jordan Industrial Ports Company posts strong performance despite pandemic
The Jordan Industrial Ports Company (JIPI) in 2020 achieved strong financial results providing the Treasury a total of JD10 million in concession fees, the largest amount in the history of the company …
Jordan- IMF official commends gov’t’s ‘momentum’ on reforms
Despite a challenging situation brought on by the coronavirus pandemic, the government has achieved progress on key reforms, notably in governance, tackling tax evasion and enhancing the transparency …
Syrian ‘Military Evaders’ Face Unlawful Seizure of Property, Assets
Al-Bitar’s statement brought to light a little-known amendment that alters article 97 of Syria’s Military Conscription Law to allow for the immediate seizure of assets for men who did not serve in the …
How The Financial Crisis Of 2008 Appeared In The GameStop Trading Frenzy
Just how big a policy shift is the U.S. making on Yemen? Last week, President Biden announced he is ending support for Saudi …
Lankan businesses not affected in Myanmar
Sri Lankan businesses in Myanmar are not affected in any way though businesses and analysts predict that the coup is likely to damage the country’s economy.Companies say the coup has already put many …
Philippine govt pushes more tax reform measures
Inquirer/ANN): The remaining tax reform packages and a couple of bills aimed at liberalising foreign investments without touching the Constitution will be among the priority legislation that the …
Philippines current account seen to revert to deficit
Japanese investment bank Nomura expects the current account position of the Philippines to revert to a deficit this year due to higher import demand. In a report, Nomura economist Euben Paracuelles …