The cryptocurrency market has been considered a tax-exempt safe haven here despite its rapid growth, as regulators and experts remained poles apart over whether to accept virtual currencies as …
Pakistan underutilises Saudi oil facility
Pakistan could utilise less than $900 million worth of Saudi oil and gas credit facility on deferred payments in this fiscal year against the sanctioned annual limit of $3.2 billion – a lifeline that …
Pakistan to Reschedule $2.41 Billion Debt Payments in 2020
Pakistan will reschedule its USD 2.41 billion worth of debt repayments in 2020 under the Debt Service Suspension Initiative, a move that the World Bank said will help the cash-strapped country mount …
Over 260 Mongolian nationals return home amid COVID-19 pandemic
More than 260 Mongolian nationals onboard a chartered flight arrived at the Chinggis Khaan International Airport from Southeast early Sunday amid the COVID-19 pandemic, the country’s State Emergency …
ADIB relieves pressure on customers by extending payment holidays on finance programs
These measures include extending the payment holidays and pricing discounts on existing and new finance and covered card products in accordance with the Central Bank of the UAE’s Targeted Economic …
ECI and DIEDC partner to boost UAE’s halal exports
(MENAFN – Khaleej Times) Dubai Etihad Credit Insurance (ECI) has partnered with Dubai Islamic Economy Development Centre (DIEDC) to boost UAE exports through sharia-compliant export credit solutions.
N.Korea vows to send anti-South leaflets amid tensions
North Korea pledged to push ahead with its campaign to send propaganda leaflets into South Korea, saying it is not bound to any inter-Korean agreements, state media said on Sunday. Tension has been ri …
Saudi Arabia is buying shares in BT Group: report
The stake was said to be “significantly” lower than the 5% threshold that would require notification to the exchange …
Asia Today: S Korea records 48 new cases, some outside Seoul
South Korea has reported 48 new cases of COVID-19 as health authorities struggle to contain a resurgence that’s erasing some of the country’s hard-won gains against the virus. Figures released by the …
Philippine central bank says none of Wirecard’s missing $2.1 billion entered local financial system
The Philippine central bank said on Sunday that none of the missing $2.1 billion of scandal-hit German firm Wirecard had entered the local financial system.