By photo by Sheikh Mohammad Maroof, Additional Managing Director of City Bank Limited and Eng. Hani Salem Sonbol, CEO of International Islamic Trade Finance Corporation (ITFC), recently signed an …
Finance minister draws a bead on economic recovery
The national and global lockdown measures aimed at battling the Covid-19 pandemic have taken their toll on Bangladesh’s industrial production, obliterating tens of thousands of jobs, incomes and …
Al Salam Bank sponsors the BIBF Islamic Finance Handbook
Bahrain announced the sponsorship of the Islamic Finance Handbook for practitioners, produced locally by the Bahrain Institute of Banking and Finance ( BIBF ), to further bolster Islamic Finance …
Georgia Was A Mess. Here’s What Else We Know About The June 9 Elections.
Yesterday’s primary elections were once again marred by serious problems at the polls, especially in Georgia. However, in this case, the issues probably had less to do with the COVID-19 pandemic, and …
StanChart signs $35m sustainable finance deal with OSC
This sustainable financing agreement is the first of its kind in Oman and a first for Standard Chartered Bank in the Middle East. The 8-year facility is linked to key sustainability targets in line …
Here’s the hefty Covid-19 bill Cambodia is asking tourists to pay
The costs include a $5 travel fee (R83) from the airport to a waiting centre for lab test results, $100 (R1659) for a Covid-19 test and $30 (R498) for accommodation at a hotel or …
Sri Lankan shares end higher as financial stocks rise
Sri Lankan shares rose marginally on Wednesday with financial stocks comprising more than half the session’s gains, helping the benchmark index close higher for a third straight day.
South Korea’s Economic Policies Prepared It for the Coronavirus—North Korea’s Did Not
While Pyongyang appropriates its citizens’ foreign currency, Seoul becomes a safe haven for foreign investors.
US court asked to force Facebook to release Myanmar officials’ data for genocide case
Lawyers bringing a case before the World Court accusing Myanmar of genocide against its Rohingya Muslim minority have asked a U.S. district court to order Facebook to release posts and communications …
Thailand approves $300 mln aid for drought-stricken sugarcane farmers
Thailand approved 10 billion baht ($319 million) in aid on Tuesday for its sugarcane farmers, whose output has been hit by drought. Thailand is the world’s second-largest sugar exporter, behind Brazil …