After being held up behind Incheh Boriun border checkpoint for around four months due to the outbreak of Covid-19, 30 wagons loaded with Iranian commodities were given permission to cross the border …
Iraq passes bill to unlock funds for cash-strapped state
Iraqi lawmakers Wednesday passed a crucial bill allowing the country to finance a widening fiscal deficit amid an unprecedented economic crisis spurred by falling oil prices and …
S.Korea to impose capital gains taxes for stock investments exceeding 20 mln won a yr
SEOUL, June 25 (Reuters) – South Korea’s finance minister on Thursday said the government plans to impose capital gains taxes on annual stock investment gains exceeding 20 million won ($16,587 …
Iran, Venezuela will not change position on countering U.S. sanctions- Iran spokesman
Iran and Venezuela will not back down from countering American sanctions, Iranian Foreign Ministry spokesman Abbas Mousavi wrote in a tweet. U.S. Secretary of State Mike Pompeo announced on Wednesday …
Pakistan to remain on ‘greylist’ of terror financing watchdog FATF
Pakistan received another extension on the “greylist”, as the Financial Action Task Force (FATF) plenary session on Wednesday decided to continue all countries under scrutiny for Terror Financing and …
BIBF successfully concludes its first virtual forum “Achieving Excellence in a Pandemic”
Under the patronage of the Central Bank of Bahrain, the Bahrain Institute of Banking & Finance (BIBF) successfully concluded its first virtual forum, entitled: “Achieving Excellence in a Pandemic”, …
$10b TAPI gas pipeline project fails to achieve financial closure
TAPI gas pipeline project of worth $10 billion even after the lapse of 4 years has so far failed to achieve financial closure as earlier it was scheduled to be attained in December 2016.Now the …
Where are Lebanon’s reforms?
Lebanon has been “plagued by a mosaic of ailments,” Hezbollah’s spokesman, Ibrahim Mousawi, tells Conflict Zone. But is his party – banned in many countries as a terrorist group – helping or hindering …
Lebanon’s Berri urges review of steps to protect collapsing currency
Lebanon’s parliament speaker Nabih Berri said on Wednesday the government, central bank and commercial banks should declare a “state of financial emergency” and review all steps to protect the …
The Ministry of Finance today held a third meeting of the Ministerial Crisis Cell, to discuss the latest financial developments in Lebanon
The meeting was attended by the Minister of the Economy, Raoul Nehme, the Minister of Industry, Imad Hoballah, and the Minister of Information, Manal Abdel Samad.