Pakistan received another extension on the “greylist”, as the Financial Action Task Force (FATF) plenary session on Wednesday decided to continue all countries under scrutiny for Terror Financing and …
BIBF successfully concludes its first virtual forum “Achieving Excellence in a Pandemic”
Under the patronage of the Central Bank of Bahrain, the Bahrain Institute of Banking & Finance (BIBF) successfully concluded its first virtual forum, entitled: “Achieving Excellence in a Pandemic”, …
$10b TAPI gas pipeline project fails to achieve financial closure
TAPI gas pipeline project of worth $10 billion even after the lapse of 4 years has so far failed to achieve financial closure as earlier it was scheduled to be attained in December 2016.Now the …
Where are Lebanon’s reforms?
Lebanon has been “plagued by a mosaic of ailments,” Hezbollah’s spokesman, Ibrahim Mousawi, tells Conflict Zone. But is his party – banned in many countries as a terrorist group – helping or hindering …
Lebanon’s Berri urges review of steps to protect collapsing currency
Lebanon’s parliament speaker Nabih Berri said on Wednesday the government, central bank and commercial banks should declare a “state of financial emergency” and review all steps to protect the …
The Ministry of Finance today held a third meeting of the Ministerial Crisis Cell, to discuss the latest financial developments in Lebanon
The meeting was attended by the Minister of the Economy, Raoul Nehme, the Minister of Industry, Imad Hoballah, and the Minister of Information, Manal Abdel Samad.
No Transparency in Kyrgyzstan’s Coronavirus Spending
Kyrgyzstan has collected hundreds of millions of dollars to fight the coronavirus pandemic. But how that money is being spent remains a mystery — and even a government ministry seems perplexed.
HNB FINANCE gets Fitch rating upgraded to ‘AA-(lka)’
Leading Sri Lankan Financial Services provider HNB FINANCE, recently had its National Long-term rating upgraded to ‘AA-(lka)’ with a negative outlook following the recalibration of Fitch’s rating …
Without urgent reforms, Iraq economy is seen facing irreparable shocks
Iraq’s Minister of Finance Ali Allawi speaks during an interview at his residence in the capital Baghdad on Monday. The country’s economy could reach irreversible lows within the next year unless …
MoneyGram’s New Tie-Up to Bolster Presence in South Korea
MGI recently collaborated with Global Money Express Co., Ltd (“GME”), which has emerged as a leading money transfer company in South Korea. The partnership enables GME to have access to MoneyGram’s …