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Posted on June 9, 2020

Mumbai most expensive Indian city for expats, 19th most expensive in Asia: Survey

Mumbai is the most expensive among Indian cities surveyed, followed by New Delhi (101st globally) and Chennai (143rd globally). Bengaluru (171) and Kolkata (185) are the least expensive Indian cities …

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Posted on June 9, 2020

Full annexation would cost Israel $15 billion per year, study says

David Brodt, former Finance Ministry director-general, warns of cost of Israeli plans to annex parts of the West Bank.

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Posted on June 9, 2020

Israel’s El Al airline seeking financial help to stay afloat

El Al extended unpaid leave for employees and said Monday that it needs financial help to continue operating. Israel’s flagship airline extended unpaid leave for 5,800 employees until the end of July.

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Posted on June 9, 2020

Israel Aerospace IPO Gains Momentum in Effort to Finance Deficit

Israel’s Finance Ministry is discussing an initial public offering of a stake in one of the country’s largest companies, state-owned Israel Aerospace Industries Ltd., to help fund a budget stretched …

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Posted on June 9, 2020

MegaFon opens Russia to Tajikistan remittances

Operator MegaFon began offering remittances between its home market of Russia and a subsidiary in Tajikistan, with cash transferred from bank accounts directly to its mobile wallet application. We use …

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Posted on June 9, 2020

Israel Defense Giant’s $1 Billion IPO Gains Momentum to Fill Gap

Israel’s Finance Ministry is discussing an initial public offering of a stake in one of the country’s largest companies, state-owned Israel Aerospace Industries Ltd., to help fund a budget stretched …

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Posted on June 9, 2020

Azerbaijani ministry discloses number of taxpayers appealing for financial support

BAKU, Azerbaijan, June 9 By Fidan Babayeva – Trend: A total number of 142,609 Azerbaijani taxpayers affected by the COVID-19 pandemic, of which 28,319 are taxpayers and 114,290 private (micro) …

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Posted on June 9, 2020

Masdar seals 500MW wind farm project deal in Uzbekistan

Abu Dhabi-based Masdar said it has signed an agreement with the Uzbeg Ministry of Investments and Foreign Trade and JSC National Electric Grid of Uzbekistan to design, finance, build and operate a 500 …

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Posted on June 9, 2020

Bharti Airtel makes further inroads in Bangladesh; buys additional stake in telco from NTT Docomo

One of India’s biggest telecom operators Bharti Airtel has strengthened its presence in neighboring Bangladesh with acquiring an additional 6.3% stake in Robi Axiata from Japan’s NTT Docomo.

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Posted on June 9, 2020

GDP to grow 1% next fiscal, 1.6% for current fiscal year, WB forecasts on Bangladesh

Besides, the country is likely to witness a mere 1% growth in GDP in the next 2020-21 fiscal year as the virus-related economic disruption will not end anytime soon. The global lender made the …

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