“For too long, the human rights of LGBTIQ people have not been recognized. Today, Bhutan chose to tell a different story and create a different future for itself.” …
‘Black Swans’ 2021: 10 Events That Could Affect Global Finance Next Year
When it comes to finance, ‘black swans’ are rare and unexpected events that impact global activity. For example, the coronavirus pandemic that caused a global economic crisis in 2020. As every year, …
The year ahead in ship finance
As is customary at this time of the year the editor asks me for my take on key themes in ship finance that readers ought to be aware of in 2021. By and large, I see the trends that have been …
Qatar expects $9.5 billion deficit next year on lower revenues
Qatar set a 2021 budget of 194.7 billion riyals ($53.5 billion) on Thursday, a 7.5% cut in expenditure from 2020, and forecast a deficit of 34.6 billion riyals next year on lower revenues …
Kuwait index closes week with modest gains
Boursa climbs 13 fils, Humansoft Holding skids KUWAIT CITY, Dec 10: Kuwait stocks eked modest gains on Thursday to end the week on positive note. The All Shares Index, after a wobbly start, climbed 10 …
Lebanon Premier Charged in First Top-Level Indictments for Blast
A Lebanese judge charged outgoing Prime Minister Hassan Diab and three former ministers with negligence and dereliction of duty over August’s devastating blast at Beirut port, the first indictments of …
Beirut explosion: Lebanon’s prime minister charged in connection with port blast
Prime Minister Hassan Diab, whose cabinet resigned over the August blast after taking office in early 2020, said his conscience was clear.
Israel’s Bank Hapoalim joins blockchain bank guarantee platform
One of Israel’s largest banks, Bank Hapoalim, has joined a blockchain-based platform recently released by IT firm Tata Consultancy Services, or TCS. TCS’ platform, dubbed Digital Bank Guarantee, is …
New law to unify Dubai govt’s procurement processes
The new law — which will be effective from January 1, 2021 — aims to create a framework and set standards for regulating procurement …
Sri Lanka supports resolution at WTO to ensure access to medicines
Through a joint communication to the TRIPS Council of the World Trade Organization (WTO) last month, India and South Africa called the world trade body to temporarily waive certain provisions of the …