National Commercial Bank, Saudi Arabia’s biggest lender, said on Thursday it had signed an initial agreement with smaller lender Samba Financial Group to create a combined entity with almost $214 …
Thailand to Raise $6.4M With Sale of Blockchain-Based Bonds
The Thai Public Debt Management Office plans to sell the cheaply priced bonds through a state-owned bank’s blockchain e-wallet.
Oman government revenues stand at more than $9.9bln by April
In the meantime, the Ministry will continue to implement the deficit financing plan approved by the Financial Affairs and Energy Resources Council. –ONA 2020 © All right reserved for Oman …
Finance Minister presents budget amendments to help self-employed
According to Katz, his budget amendments will provide a solution for approximately 100,000 self-employed people and small business owners.
How the UAE financial sector is adapting to a post-pandemic world
Financial Technologies report, it said that the cornoavirus, “is an important opportunity for private sector entities to accelerate the digitisation of financial services”. While most sectors such as …
Sarvodaya Development Finance relocates Kamburupitiya branch to better serve cinnamon farmers in the area
Sarvodaya Development Finance, a licensed Finance Company approved by the Central Bank of Sri Lanka, has relocated its Kamburupitiya ..
Axiata scores more backing for digital finance moves
The insurance company acquired a 21.9 per cent stake in Boost Holdings, the holding company for the operator’s digital financial services play, with its Axiata Digital Services unit retaining the …
ADB Approves $1.5 Billion in Kazakhstan, Uzbekistan COVID-19 Loans
ADB said its aid would “support the comprehensive COVID-19 health policy response, social protection and employment protection measures, and economic stimulus plan introduced by the government to …
ADB provides $500 million loan to Uzbekistan
On June 25, the Asian Development Bank (ADB) approved a $500 million loan to help the Government of Uzbekistan mitigate the adverse health and economic impacts of the coronavirus disease (COVID-19) …
Vietnam struggles to fulfill dream of building an auto industry
Instead of reducing taxes and fees, the State needs to set reasonable policies to develop automobile supporting industries, experts say.