December 23, 2014 - 07:31 GMT
UAE’s Foreign Exchange and Remittance Group (FERG) has turned up the heat on money laundering and frauds at its recent anti money laundering (AML) and combating terrorist financing (CTF) conference in Dubai.
Weren't they doing that anyway? Israel Electric threatens to cut off electricity to Palestinians over $435 million dispute
May 07, 2014 - 02:55 GMT
The Palestinians owe Israel Electric Corporation NIS 1.5 billion (435 million USD) , and the debt grows NIS 80 million (23 million USD) a month.
August 25, 2013 - 11:56 GMT
“We want our money [back], we are going hungry. We have too many problems. We have to pay our rent, everything else,” said an Indian resident who invested $78,800.
June 26, 2013 - 09:44 GMT
The cost of insuring Egypt's debt against default has risen to record highs in the five-year credit default swap market, according to Markit, on concerns about political unrest.
June 26, 2013 - 06:07 GMT
Reserve assets of Saudi Arabian Monetary Agency (SAMA) increased by 16 percent in May to SR 2.57 trillion, the highest in its record for three consecutive months, according to Al-Eqtisadiah newspaper.
June 25, 2013 - 05:00 GMT
As mounting concern about the United States reducing fiscal stimulus continued to spur a selloff in most emerging markets, Dubai’s benchmark stock index dropped the most in more than a year.
June 23, 2013 - 11:09 GMT
Tunisia's first issue of a sukuk (Islamic bond) is likely to be postponed to next year, adding to pressure on government finances, because of disruptions to legislative business.
June 23, 2013 - 05:19 GMT
The Iranian currency, the rial, rose further on Thursday on hopes the country's economy could improve under its next president, a relative moderate elected last week.
June 23, 2013 - 05:00 GMT
Increasing the role of the private sector in the national economy and stimulating domestic and foreign private investments is the key to achieving economic diversification and increase in employment opportunities.
June 20, 2013 - 05:00 GMT
Saudi Arabia topped the list as foreign direct investment (FDI) into Arab states rose by 9.8 percent last year.