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Posted on July 1, 2020

JSPL to sell entire stake in Oman arm for $1 billion

In a statement on Tuesday, JSPL said it had accepted a binding offer from Templar Investments to divest its entire stake in its Oman arm in line with its commitment to continuously bring down debt and …

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Posted on July 1, 2020

Jordan issues double tranche $1.75 bln Eurobond, pushes public debt

The finance ministry said the issue of $500 million at 4.95% over a 5-year maturity and $1.25 billion at 5.85% over a 10-year maturity was oversubscribed by more than 6.25 times after attracting bids …

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Posted on July 1, 2020

Jordan issues double-tranche Eurobond to inject liquidity into economy

AMMAN, June 30 (Xinhua) — Jordan on Tuesday issued a double-tranche Eurobond of 1.75 billion U.S. dollars to inject liquidity to offset the impact of COVID-19 pandemic on the economy. The bond …

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Posted on July 1, 2020

Jordan’s Eurobond issuance oversubscribed six times at competitive rates, high demand — Finance Ministry

Jordan, on behalf of the Ministry of Finance and in cooperation with the Central Bank of Jordan, on Tuesday issued a double-tranche Eurobond at $500 million at 4.95 per cent over five-year maturity …

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Posted on July 1, 2020

Finance minister, during JSF discussion, outlines gov’t strategy to tackle tax evasion

AMMAN — The Jordan Strategy Forum (JSF) on Tuesday hosted Minister of Finance Mohamad Al-Ississ in an online discussion on the recent updates of fiscal policy and how to adapt to ongoing economic …

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Posted on July 1, 2020

Data on financial transfers bolstered suspicions that Russia offered bounties for killing US troops in Afghanistan

U.S. officials intercepted electronic data showing large financial transfers from a bank account controlled by Russia’s military intelligence agency to a Taliban-linked account.

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Posted on July 1, 2020

Intercepted financial data raised suspicious about Russian bounties: report

Large financial transfers intercepted by U.S. intelligence agencies led to raised suspicions about Russian bounties, according to the New York Times.

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Posted on July 1, 2020

Suspicions of Russian Bounties Were Bolstered by Data on Financial Transfers

Analysts have used other evidence to conclude that the transfers were likely part of an effort to offer payments to Taliban-linked militants to kill American and coalition troops in Afghanistan.

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Posted on July 1, 2020

Finance Bill 2020: NA approves major tax relief

The National Assembly on Monday approved major tax concessions for certain individuals and influential groups of society, weakening the tax base broadening drive and creating more distortions in the …

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Posted on July 1, 2020

India’s TikTok Ban Threatens China’s Rise as a Global Tech Power

China over the past decade built an alternate online reality where Google and Facebook barely exist. Now its own largest tech corporations from Alibaba Group Holding Ltd. to Tencent Holdings Ltd. are …

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