banking

World Bank: Palestinian economy to contract 8% in 2020

November 25, 2020

JERUSALEM: The Palestinian economy is expected to contract by about 8% in 2020 as it copes with the effects of the coronavirus pandemic, an already......

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Nearly 1 million to benefit from upgraded solid waste management facilities in Gaza – World Bank

November 24, 2020

WASHINGTON, Monday, November 23, 2020 (WAFA) — The Global Partnership for Results-Based Approaches (GPRBA) and the Partnership for Infrastructure......

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Mastercard, Spotii partner in ‘Buy Now Pay Later’

November 23, 2020

As the ‘Buy Now Pay Later’ market continues to grow to $1.5 trillion worldwide, Spotii has selected Mastercard as its exclusive payments......

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Argentine FX reserves drain puts central bank in a corner

November 21, 2020

BUENOS AIRES: Argentina’s net currency reserves are at or near zero, according to analysts and investors, forcing the central bank into a tough......

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SoftBank H1 net profit surges to $18 billion

November 10, 2020

TOKYO: Japan’s SoftBank Group said on Monday its first-half net profit more than quadrupled, sealing a strong recovery after a massive annual......

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Australia's central bank launches digital currency project

November 3, 2020

Sydney, Nov. 2 (BNA): Australia’s central bank on Monday said it was launching a project to explore the potential use and implications of a......

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Credit Suisse says profits down in third quarter

October 31, 2020

ZURICH: Credit Suisse, Switzerland’s second-biggest bank, published a 38 per cent drop in its third-quarter net profit on Thursday amid a slowing......

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Celebration marking the Centennial of the banking sector in Bahrain

October 28, 2020

His Royal Highness Prime Minister Prince Khalifa bin Salman Al Khalifa has deputised his Advisor HH Shaikh Salman bin Khalifa Al Khalifa to attend......

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Testing times: Five questions for the ECB

October 26, 2020

LONDON (Reuters) - The European Central Bank meets on Thursday, and financial markets are keen to get a sense of just how close it is to delivering......

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Saxo Bank predicts K-shaped recovery for the US economy

October 17, 2020

The US economy will see a K-shaped recovery irrespective of who wins the November 3 presidential election, according to Saxo Bank. A K-shaped recovery......

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