Kyrgyzstan’s parliament confirmed Kubatbek Boronov as prime minister on Wednesday, after his predecessor resigned due to a corruption probe against former cabinet officials. Boronov, 55, has served as …
Amid sharp criticism, Finance Ministry cancels tax breaks for controversial foreign NGOs
Israel cancels tax exemptions for foreign groups operating in the Palestinian Authority. ‘Unfathomable that we’d help those who harm Israel’ …
Investment in Israeli financial tech firms doubled in 2019
Investments in Israeli financial technology firms rose 107% in 2019 to a record $1.8 billion, according to a report released on Wednesday by Start-Up Nation Central. Israel ranks fifth in fintech …
Israel OK’s transfer of Qatari financial aid to Gaza
Israel approved the transfer of $50 million to the Gaza Strip, apparently in exchange for Hamas keeping calm and refraining from resuming incendiary balloon terrorism.
Explainer: UAE Economic Substance Regulations detail how a company must be managed in the country
The Emirates’ Ministry of Finance has given a timeline to the various regulating authorities for Free Zone and mainland companies in the UAE. This is to ensure the ESR Notifications by all the …
UAE Ministry of Finance implements Procure-to-Pay
ABU DHABI – The Ministry of Finance, MoF, has announced the successful implementation … the amount of the invoice are directly transferred through the TMS system to the Central Bank of the UAE, then …
Restoring telecommunication networks in Syria is a key priority
The telecoms sector in Syria has paid a heavy toll from the years of civil war and destruction. The major mobile operators of Syriatel and MTN Syria, along with the incumbent, have been focusing on …
North Korea broadcasts explosion video as tensions with Seoul and Washington escalate
North Korea has upped the ante even further by broadcasting footage of an explosion in the DMZ linking it to South Korea. North Korean state television has broadcast footage of the demolition of the …
Fatal clash in the Himalayas ups ante for China and India
India and China sought Wednesday to de-escalate tensions after flexing their muscles in a fatal clash along a disputed border high in the Himalayas that left 20 Indian soldiers dead. The skirmish …
Macau to require 14-day quarantine for people with recent Beijing travel history
Macau’s government said on Wednesday it will require all people who have been to Beijing within two weeks prior to entering the city to be put under 14 days of medical observation at a designated …