Economy - Asian News from UK

Saving accounts in banks drew AED9.77 bn in 4 months

The new liquidity brings to AED199 bn the cumulative balance of saving accounts in the UAE by the end of April, from AED189.229 bn by December 2020….reports Asian Lite News Reflecting an

June 9, 2021

-Top News·Economy·UAE News

OPEC Fund extends $10mn loan to Bank of Maldives

According to the Fund, the loan will be used for on-lending to small- and medium-sized enterprises (SMEs) engaged in tourism and related services…reports Asian Lite News The OPEC Fund for International Development

June 8, 2021

Economy·UAE News

G7 inks pact to make tech giants pay fair taxes

Finance ministers meeting in London also endorsed proposals to make the world’s biggest companies — including US-based tech giants — pay taxes in countries where they have lots of sales but no

June 6, 2021

-Top News·Economy·World News

TCS sets net zero emission target

In FY 2021, the specific carbon footprint of TCS across Scope 1 and Scope 2 was lower by 61.6 per cent compared to baseline year FY 2008….reports Asian Lite News Tata Consultancy

June 4, 2021

Business·Economy

NITI Aayog finalises privatisation list

People in the know also said that Bank of Maharashtra and Central Bank are the top two candidates that has been favoured for privatisation,…reports Asian Lite News NITI Aayog has submitted the

June 4, 2021

Business·Economy·India News

UN help sought for funding Special Tribunal for Lebanon

The popular Sunni businessman-turned-politician’s death soon led to a wave of protests – the “Cedar Revolution” – that ultimately forced Syria to wind up its long-standing military presence in Lebanon…reports Asian Lite

June 4, 2021

Asia News·Economy

Saudi targets raising $55 billion from privatisation plan

The finance minister opened a high-level conference entitled “2021 G20 Infrastructure Investors Dialogue: Financing Sustainable Infrastructure for the Recovery…reports Asian Lite News Saudi Arabian Finance Minister Mohammed Al-Jadaan said the Kingdom is

June 4, 2021

Arab News·Economy·Saudi Arabia

Non-Arabs pump in AED3.255 bn to UAE in five months

The growth is reflective of the steady capital inflows received by the two markets since the beginning of the year…reports Asian Lite News The net investments of non-Arab investors in UAE financial

June 4, 2021

Economy·UAE News

Kerala allocates Rs 20,000 Cr to tackle Covid

Finance minister Balagopal says increasing taxes was inevitable but he decided not to announce any new tax proposals in the context of people suffering due to the pandemic, reports Asian Lite News

June 4, 2021

-Top News·Economy·Kerala

Foreign Investors Closely Watching India’s Moves

As New Delhi now shifts its focus on embarking on an aggressive vaccination to contain a possible third Covid 19 wave, economy watchers said that India is set to become the favourite

June 4, 2021

-Top News·Economy·India News

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