In an era of global economic uncertainty, Azerbaijan’s fiscal posture stands out for a reason that may surprise casual observers: its domestic debt now significantly exceeds its external debt. As of …
‘We don’t want Syria to be a burden,’ president tells investors
Syria’s president has pitched his country to the titans gathered at Saudi Arabia’s flagship financial event, touting it as a trade corridor ripe for even more than the $28 billion in foreign …
Corporación América Airports-led consortium awarded US$764 million Baghdad Airport contract
The consortium won the contract to rehabilitate, develop and operate the airport after submitting the most lucrative bid, pledging to allocate 43.05% of the airport’s annual revenue to Iraq’s central …
BP’s US$25bn Five-Field Megadeal In Iraq Is Finally Activated
The deal, alongside TotalEnergies’ $27 billion project, is part of Western efforts to reduce Iraq’s dependence on Iran for energy.
Indonesia’s digital rupiah CBDC to get stablecoin twist with government bond backing
Indonesia’s central bank, is moving ahead with plans to issue what it describes as its “national stablecoin version,” a digital currency backed by government bonds (SBN). The initiative was unveiled …
Indonesia’s digital rupiah CBDC to get ‘stablecoin’ companion backed by government bonds
Bank Indonesia plans to introduce a digital rupiah-linked stablecoin backed by government bonds, marking a significant step toward integrating blockchain technology into the country’s monetary system.
India’s IIFL Home Finance names veteran Girish Kousgi as CEO, MD
India’s IIFL Home Finance named Girish Kousgi, former chief executive and managing director of PNB Housing Finance, as its new CEO and MD, effective Thursday, succeeding Monu Ratra. Kousgi has nearly …
India’s retirement readiness improves, but financial sufficiency still a major concern: Axis Max Life 5.0 study
Axis Max Life Insurance, in partnership with Kantar Insights, has released the fifth edition of its India Retirement Index Study (IRIS 5.0), marking five years of tracking the country’s preparedness …
Union Bank of India working with two external agencies for ECL norms implementation, says CFO
Further, the managing director and chief executive officer Asheesh Pandey said there is no communication from the government on the consolidation of the state-owned banks.
China remains a key market for Canadian firms; bilateral trade devt underscores strong complementarity: business group representative
A display screen featuring the logo of the Annual Conference of Financial Street Forum 2025 in Beijing’s Xicheng district on October 28, 2025. Photo: Yin Yeping/GT …