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Tag: finance

Posted on July 7, 2020

MIDEAST STOCKS-Banks, property shares buoy UAE; Egypt retreats

Stock markets in the United Arab Emirates (UAE) closed higher on Tuesday, led by financials and property shares, while Egypt ended marginally lower as tobacco heavyweight Eastern Company lost more …

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Posted on July 7, 2020

Abu Dhabi’s TAQA will finance the UAE’s biggest gas power plant with $1.14 bln

Abu Dhabi National Energy Company (TAQA) has agreed financing for the UAE’s largest gas-fired power plant which is expected to cost approximately 4.2 billion dirhams ($1.14 billion), the company said …

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Posted on July 7, 2020

Nur-Sultan’s financial hub to be at heart of Kazakhstan’s recovery and greening

With the support of authorities and growing green credentials, the Astana International Financial Centre (AIFC) is well placed to play a key role in the country’s recovery and sustainable economic …

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Posted on July 7, 2020

What History Can Teach Us About Sanctions on Iran

The sanctions under which Saddam Hussein’s regime existed in Iraq between 1990 to the US invasion in 2003 were very similar in nature to the harsh sanctions regime that exists against Iran today. The …

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Posted on July 7, 2020

Vietnam among few countries to maintain sovereign credit rating despite COVID-19

PM Nguyen Xuan Phuc at the online meeting to review Vietnam’s financial activities in the first half of 2020, July 7, 2020. (Photo: VNA) He said despite COVID-19, Vietnam has secured economic balances …

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Posted on July 7, 2020

10mn people to get food aid across Bangladesh during Eid amid pandemic

The government has decided to distribute free rice to more than 10 million vulnerable people across the country before and during the upcoming Eid-ul-Azha holidays, amid the Covid-19 pandemic that is …

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Posted on July 7, 2020

Financial Flows Illicit Ones Put Economy Under Threat

By Md. Zillur Rahaman Illicit Financial Flows (IFFs) is a growing concern not only for Bangladesh, many developing countries of the world are also suffering with this alarming issue since long and it …

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Posted on July 7, 2020

Bangladesh gearing up for new era of taxation

The government has chalked out a series of programmes to enter a new era of taxation from 2020-21 FY in the run-up to achieving Vision 2041 and reaching the Sustainable Development Goals 2030. “We …

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Posted on July 7, 2020

Bangladesh reports spike in coronavirus fatalities

Recoveries also increased by 1,953 to reach 78,102, the ministry added. Meanwhile, another media worker died of COVID-19 in Bangladesh on Tuesday. Ahsan Habib, 58, a finance executive at the country’s …

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Posted on July 7, 2020

OP-ED: Bangladesh into the 4IR

This is evident from how seriously leading countries take Bangladesh into consideration when making strategic geo-political decisions — be it positive or negative. Bangladesh has been successful in …

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