China will reveal a list of systemically important banks and detailed related regulations in near term, central bank vice governor Pan Gongsheng said on Wednesday.
China’s fiscal revenues rise 4.7% in Q3 as economy gains steam
China’s fiscal revenues grew 4.7% in the third quarter from a year earlier, reversing a 7.4% drop in the previous quarter, the finance ministry said on Wednesday, as the country’s economic recovery …
The ‘profound’ global impact of China’s rise as an electrostate
Taken together, these achievements have led to analysts referring to China as the world’s first significant “electrostate”, a global manufacturing superpower with a rising share of industry coming …
Ripple Expands to Bahrain Through Strategic Partnership With Bahrain Fintech Bay
Ripple has expanded its footprint in the Middle East through a strategic partnership with Bahrain Fintech Bay (BFB), the Kingdom’s leading fintech hub and …
Ripple News: Ripple Partners with Bahrain’s Fintech Bay to Boost RLUSD Use
Ripple partners with Bahrain Fintech Bay to promote RLUSD adoption, blockchain innovation, and digital finance growth in the Gulf region …
Kuwait drives GCC economic unity
Al-Mukhaizeem made the statement while presiding over the seventh meeting of the Permanent Preparatory Committee at the ministerial level of the GCC Economic and Development Affairs Authority on …
Kuwait drives GCC economic unity
Al-Mukhaizeem made the statement while presiding over the seventh meeting of the Permanent Preparatory Committee at the ministerial level of the GCC Economic and Development Affairs Authority on …
Kuwait’s borrowing is not an achievement
Kuwait’s Ministry of Finance has chosen to celebrate debt as though it were an achievement. That celebration is hollow. Borrowing is not a triumph. It is an obligation that signals weakness, not …
Kuwait’s borrowing is not an achievement
Kuwait’s Ministry of Finance has chosen to celebrate debt as though it were an achievement. That celebration is hollow. Borrowing is not a triumph. It is an obligation that signals weakness, not …
Economists: Strong demand for Kuwait bonds reflects confidence, economic reforms
Speaking to KUNA, they said the issuance was more than just deficit financing; it signaled to markets that Kuwait is activating its new public debt law, prompting strong investor confidence and heavy …