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Tag: Saudi Arabia

Posted on December 20, 2020

Coronavirus: Saudi Arabia imposes fines on gatherings of more than 50 people

Saudi Arabia has clarified that gatherings or invitations of non-family members of more than 50 people in a limited space is a violation of the Kingdom’s coronavirus rules, according to a statement …

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Posted on December 19, 2020

Pakistan pays back $1bn to Saudi Arabia, reaches out to China for loan assistance

It also cited a finance ministry official as saying that Pakistan’s central bank was in talks with Chinese commercial banks. The official also said that the option for a debt swap was also on the …

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Posted on December 19, 2020

Yemen’s president in exile reshuffles Cabinet to end rift

Yemen’s embattled president in exile in Saudi Arabia has announced a Cabinet reshuffle, a major step toward closing a dangerous rift between his internationally recognized government and southern sepa …

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Posted on December 19, 2020

World Bank Staff Manipulated Global Business Rankings—Boosting Saudi Arabia, China—Internal Audit Finds

World Bank staff members were pressured into manipulating data for the bank’s annual ranking of business-friendly countries, an internal audit found Friday, resulting in higher rankings for China and …

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Posted on December 18, 2020

Pakistan returns $1bn to Saudi Arabia and turns to China for loan assistance

“China has come to our rescue,” a Pakistani foreign official told Reuters. A finance ministry official said that Pakistan’s central bank was in talks with Chinese commercial banks. He noted that the …

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Posted on December 18, 2020

Are Saudi Arabia and Pakistan untying the knot?

Diplomatic relations between the two countries are strained as multiple issues threaten established political alliances in the Gulf region. The row could result in new allies in the Far East.

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Posted on December 18, 2020

How Gulf countries compare globally for Islamic finance

Bahrain, the UAE and Saudi Arabia all feature in top 5 of the annual Islamic Finance Development Indicator Bahrain, the UAE and Saudi Arabia have ranked in the world’s top five Islamic finance …

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Posted on December 18, 2020

How Gulf countries compare globally for Islamic finance

Bahrain, the UAE and Saudi Arabia all feature in top 5 of the annual Islamic Finance Development Indicator Bahrain, the UAE and Saudi Arabia have ranked in the world’s top five Islamic finance …

( read original story …)



Posted on December 18, 2020

World Bank Says Managers Pressured Staff to Alter Global Business Rankings

Manipulated data in its flagship report on nation’s business climates led China and Saudi Arabia to gain ground, the bank said after an internal audit sparked by employee concerns.

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Posted on December 18, 2020

Trump spoke with Saudi Arabia’s King Salman about regional security -White House statement

President Donald Trump spoke with King Salman bin Abdulaziz Al Saud of Saudi Arabia on Thursday, discussing regional security issues, according to a statement from the White House.

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