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Posted on February 9, 2021

Indonesia Has Another Green Light For Tuesday’s Trade

The Indonesia stock market has finished higher in four straight sessions, climbing more than 160 points or 2.6 percent along the way. The Jakarta Composite Index now rests just above the 6,200-point …

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Posted on February 9, 2021

Qatar Hires Builders for $29 Billion LNG Expansion Project

Qatar Petroleum selected Chiyoda Corp. and TechnipFMC Plc for the main construction contract to expand its liquefied natural gas production capacity by 43%.

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Posted on February 9, 2021

Mongolia asks Rio Tinto to mutually cancel Oyu Tolgoi deal

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 …

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Posted on February 9, 2021

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 …

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Posted on February 9, 2021

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 …

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Posted on February 9, 2021

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 …

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Posted on February 9, 2021

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 …

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Posted on February 9, 2021

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 …

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Posted on February 9, 2021

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 …

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Posted on February 9, 2021

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 …

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