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Posted on June 3, 2020

As crops fail, Indonesia’s Sumba seeks lifeline in weaving, fishing

On Indonesia’s Sumba island, the motifs displayed on traditional textiles produced by its weavers often depict animals, including the area’s famed Sandalwood breed of horses. East Sumba, about 2,000 …

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Posted on June 2, 2020

Government approves NIS 300 million financial aid for Israeli hotels

About 50% of all visitors to hotels are tourists, which means that without them, it is nearly impossible to maintain the everyday operational fees that the hotels require.

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Posted on June 2, 2020

Israel approves 58-mln-USD package to aid culture amid COVID-19 crisis

Israel’s culture institutions will receive 200 million new shekels (about 58 million U.S. dollars) in government aid to deal with the COVID-19 crisis, the ministries of finance and culture said …

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Posted on June 2, 2020

Norway urges Israel not to annex parts of the West Bank

Norway, which chairs a group of international donors to the Palestinians, urged Israel on Tuesday not to annex parts of the occupied West Bank. “Any unilateral step would be detrimental to the (peace) …

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Posted on June 2, 2020

COVID-19 response: UAE Ministry of Finance announces fee reductions

The decisions included: reduction of fees of Registering suppliers in the Federal Supplier Register at MoF and the Ministry of Infrastructure Development by 50 per cent from Dh1,0 …

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Posted on June 2, 2020

Rice in the Desert: Virus Spurs UAE to Grow More Food

The United Arab Emirates doesn’t spring to mind as an obvious place to farm rice, but the coronavirus is prodding the arid nation to explore new ways of feeding itself.In a pilot project with South …

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Posted on June 2, 2020

Dubai Customs cancels fines for late Customs Representative Card renewal, cancellation

The decree exempts businesses from late fines related to any government service in Dubai as part of government efforts to boost the national economy, …

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Posted on June 2, 2020

Ministry of Finance reduces some UAE federal fees

UAE’s Ministry of Finance (MoF) has reduced some federal fees as part of its ongoing support for businesses in the country during the Covid-19 pandemic. In particular, the ministry reduced the fees …

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Posted on June 2, 2020

UAE’s financial markets need more depth

The lack of depth and coverage of regional debt and equity markets is well known and documented. We have puny equity capital markets … and even those cater only to the larger companies. They are …

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Posted on June 2, 2020

FINCA Azerbaijan talks co-op with local microfinance association

is cooperating with Azerbaijan Micro-finance Association (AMFA), and will further expand the scope of cooperation, Zaur Nurmammadov, Marketing and Operations Manager at NBCO told local media.

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