READ: UAE sabotages relations with Palestinians to normalise with Israel This is part of the game that the PA is playing. It wants the people of Palestine to be so engrossed in making financial ends …
UAE shoppers opting for contactless payments over cash purchases
UAE shoppers are ditching the cash in favour of contactless payments through the Covid-19 crisis, according to the results of a survey from Dubai Police, Dubai Economy and Visa. Sixty-eight percent of …
MK Shitrit: We ended tax exemption on fuel for anti-Israel groups
At a Finance Committee hearing, it was decided to approve the exemption to the United Nations and remove from the list of exemptions those groups hostile to the State of Israel, while intensifying …
Jordan gov’t postpones salary hikes for public employees after $774.9mln revenue drop
The Kingdom’s current financial standing “requires commitment to paying taxes … to resume flights with countries with similar epidemiological situations to Jordan’s”. Razzaz also said that the …
Michael Jordan’s $500,000 Sneakers and More Insanely Expensive Sports Memorabilia
Plenty of people across America might have spotted a recent headline about how a pair of used sneakers from 1985 sold for roughly half a million dollars in mid-May and, well, blown a gasket. Who has …
OCBC sets new sustainable finance target
OCBC Bank has set an ambitious new target of S$25 billion by 2025 for its sustainable finance portfolio, having surpassed its original S$10 billion target in the first quarter of 2020 – two years …
Arçelik Completes Mass Production of 5,000 Ventilators to Meet International Demand
Europe’s leading consumer durables player, Arçelik, which owns Beko and Grundig, has completed production of 5,000 life-saving mechanical ventilators. 300 devices a day were manufactured at its …
Korea’s Sovereign Wealth Fund Sticks With Equities, Looks to U.S.
South Korea’s $157 billion sovereign wealth fund may add to its equity holdings if there’s another shock in global markets due to increases in coronavirus infections.“If there is a second wave, we …
Japan Industry Group May Penalize Banks Breaking Debt Sale Rules
A Japanese financial industry group is planning to craft guidelines to boost transparency in the nation’s corporate bond issuance market, where new offerings often go partially unsold without the …
UnionPay International, Keenu and Bank AL Habib Jointly Launch Contactless Payments Acceptance For The First Time In Pakistan
UnionPay International, Wemsol Private Limited and Bank AL Habib jointly announce today the launch of UnionPay QuickPass (NFC/Contactless and HCE) acceptance on Keenu POS terminals in Pakistan, where …