Saudi Arabia to take measures to help citizens affected by rise in
By Nantoo Banerjee It is good to see that a host of large Indian business houses and public sector enterprises have rapidly stepped up imports from Russia taking full advantage of hefty price discounts offered by Russian suppliers on a host of goods in the face of multiple trade sanctions from the NATO countries, European […]
The post Top Indian Business Houses, PSUs Push Up Imports From Russia first appeared on IPA Newspack.
By James M Dorsey It’s a good time, almost 12 years after the world soccer body, FIFA, awarded Qatar the 2022 World Cup hosting rights and five months before the tournament, to evaluate the campaign to reform the country’s erstwhile onerous labour system and accommodate fans whose lifestyles violate restrictive laws and/or go against deeply […]
The post World Cup Balance Sheet Presents A Mixed Bag For Qatar first appeared on IPA Newspack.
When it comes to investing in private companies, there are a few things that future investors need to understand. This is because private companies are different from public companies in a number of ways, which can impact how successful an investment may be. Here are four key facts about private companies that future investors should be aware of: 1. Private companies tend to be much less transparent […]
By Anjan Roy About a week back, Pakistan’s Finance minister was urging its citizens to consume less tea as the country was scraping the bottom of the barrel to organise even essential imports. Foreign exchange reserves had sunk to cover just a few days imports. Every leaf of tea consumed in the country has to […]
The post Pakistan Struggling Hard To Secure Emergency Financial Aid From IMF first appeared on IPA Newspack.
According to the FDIC, almost 95% of American households are “banked.” These households have at least one person living in them with either savings or checking accounts. The good news is that this number is as high as it is. But the bad news is that it suggests that about 7 million Americans are “unbanked.” These people don’t have any access to bank accounts and aren’t able to […]
Arabian Post Staff Abu Dhabi-based Alpha Dhabi Holding has increased its stake in Aldar Properties, reaffirming its position as the single largest shareholder and consequently becoming Aldar’s parent company. Through this latest additional stake, Alpha Dhabi has raised its shareholding of Aldar, to complement its existing majority representation on Aldar’s Board of Directors. Accordingly, Aldar will be treated as a subsidiary in Alpha Dhabi’s consolidated financial statements, the impact […]