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Lebanon is fencing off more of its economy against currency crisis

Lebanon is fencing off more of its economy against currency crisis

Lebanon is seeking to protect more of its economy from the dramatic depreciation in the local currency, fixing a subsidised exchange rate for imported food after deeming a wholesale abandonment of the decades-old peg too costly for now.

China govt starts taxing its citizens for global income

China govt starts taxing its citizens for global income

China has started tracking down some of its citizens living abroad to collect taxes, surprising expatriates who never had to pay levies back home on overseas income, according to people familiar with the matter.

RBI governor foresees more pain for embattled banks

RBI governor foresees more pain for embattled banks

Indian banks, which are already struggling with one of the world’s worst loan ratios, are set to face more pain as the coronavirus pandemic slams growth, the central bank’s chief warned, urging lenders to gird up their defenses.

Top global banks risk breaching China law by complying with US

Top global banks risk breaching China law by complying with US

Global banks risk being caught between Beijing-backed penalties and sanctions being debated in the US as Hong Kong’s autonomy becomes a volatile point of friction between the two superpowers.

S Korea Moon’s support falls amid soaring housing prices

S Korea Moon’s support falls amid soaring housing prices

South Korean President Moon Jae-in’s approval rating fell to its lowest level in four months, with many respondents blaming his government for not doing enough to rein in soaring real estate prices.

Wall St investors await BlackRock earnings after Q2 market rally

Wall St investors await BlackRock earnings after Q2 market rally

Investors will watch next week’s earnings from BlackRock, the world’s largest asset manager, for a snapshot of how the industry performed during the second quarter’s dramatic rebound in global financial markets.

‘Strong’ fiscal stimulus package seen supporting Qatar non-oil private sector

‘Strong’ fiscal stimulus package seen supporting Qatar non-oil private sector

Qatar’s “strong” fiscal stimulus package to support the non-oil private sector should cushion the country’s economic downturn, FocusEconomics said even as the researcher expects a growth of 3.4% in 2021.

Commercial Bank, Euromoney Livestream present ‘Qatar: Navigating the new normal’

Commercial Bank, Euromoney Livestream present ‘Qatar: Navigating the new normal’

Commercial Bank is joining hands with Euromoney Livestream to present "Qatar: Navigating the New Normal", a first-of-its-kind, online Euromoney Livestream on July 15

Qatar Chamber gets ISO 27001 certification

Qatar Chamber gets ISO 27001 certification

The Qatar Chamber announced Saturday that it received the ISO 27001:2013 certification, a world-recognised and international best practice standard for information security

Envoy eyes growth in 2020-2021 Tanzania-Qatar trade

Envoy eyes growth in 2020-2021 Tanzania-Qatar trade

The Embassy of the United Republic of Tanzania is seeking to boost the country’s trade volume with Qatar by promoting investment opportunities being offered by the East African nation in various sectors

Business council official echoes call to prioritise digitalisation of operations

Business council official echoes call to prioritise digitalisation of operations

An official of the Philippine Business Council-Qatar (PBC-Q) has reiterated calls for companies to remain proactive and embrace digitalisation amid the operational challenges being imposed by the Covid-19 health crisis.

Banks should have 3-pronged strategy to transition away from Libor: KPMG Qatar

Banks should have 3-pronged strategy to transition away from Libor: KPMG Qatar

Banks in Qatar should have an initial three-pronged transition strategy as regulators across the globe strategise moving away from Libor (London Interbank Offered Rate) on which 25% of their financial products are linked, according to KPMG Qatar, a global consultant.

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