About 50% of all visitors to hotels are tourists, which means that without them, it is nearly impossible to maintain the everyday operational fees that the hotels require.
Israel approves 58-mln-USD package to aid culture amid COVID-19 crisis
Israel’s culture institutions will receive 200 million new shekels (about 58 million U.S. dollars) in government aid to deal with the COVID-19 crisis, the ministries of finance and culture said …
Norway urges Israel not to annex parts of the West Bank
Norway, which chairs a group of international donors to the Palestinians, urged Israel on Tuesday not to annex parts of the occupied West Bank. “Any unilateral step would be detrimental to the (peace) …
COVID-19 response: UAE Ministry of Finance announces fee reductions
The decisions included: reduction of fees of Registering suppliers in the Federal Supplier Register at MoF and the Ministry of Infrastructure Development by 50 per cent from Dh1,0 …
Rice in the Desert: Virus Spurs UAE to Grow More Food
The United Arab Emirates doesn’t spring to mind as an obvious place to farm rice, but the coronavirus is prodding the arid nation to explore new ways of feeding itself.In a pilot project with South …
Dubai Customs cancels fines for late Customs Representative Card renewal, cancellation
The decree exempts businesses from late fines related to any government service in Dubai as part of government efforts to boost the national economy, …
Ministry of Finance reduces some UAE federal fees
UAE’s Ministry of Finance (MoF) has reduced some federal fees as part of its ongoing support for businesses in the country during the Covid-19 pandemic. In particular, the ministry reduced the fees …
UAE’s financial markets need more depth
The lack of depth and coverage of regional debt and equity markets is well known and documented. We have puny equity capital markets … and even those cater only to the larger companies. They are …
FINCA Azerbaijan talks co-op with local microfinance association
is cooperating with Azerbaijan Micro-finance Association (AMFA), and will further expand the scope of cooperation, Zaur Nurmammadov, Marketing and Operations Manager at NBCO told local media.
Calero-MDSL Strikes Partnership with Jordan & Jordan for Index License Service Offering
MDSL, a leading provider of Technology Expense Management (TEM) and Market Data Management (MDM) solutions, today announced a partnership with Jordan & Jordan, a prominent FinTech company providing …