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Posted on October 30, 2025

‘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 …
Posted on October 30, 2025

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 …
Posted on October 30, 2025

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.
Posted on October 30, 2025

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 …
Posted on October 30, 2025

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.
Posted on October 30, 2025

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 …
Posted on October 30, 2025

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 …
Posted on October 30, 2025

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.
Posted on October 30, 2025

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 …
Posted on October 30, 2025

China’s auto funding blitz and a US rush for rare earths

Around the time Trump was leaving Tokyo’s Haneda Airport on board Air Force One, the Japan Mobility Show was kicking off at Tokyo Big Sight, just a few kilometres away. Journalists got an advance look …

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