Monday, October 12, 2026

International Finance

Category : Economy

Economy

Panama requests France to work under equal conditions

International Finance Desk
by International Finance Desk
Shares steps taken to reform its legal framework and strengthen service centre May 19, 2016: Luis Miguel Hincapie, Minister of Foreign Affairs of Panama, met with France’s Presidential Special Appointee for Latin America and the Caribbean, Jean-Pierre Bel. During the meeting in Paris, the Panamanian diplomat emphasised the importance of working under equal conditions to...
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Economy

EgyptAir flight missing

International Finance Desk
by International Finance Desk
Sixty six people were on board May 19, 2016: An EgyptAir plane carrying 66 people has disappeared after taking off from France’s Charles de Gaulle airport late Wednesday night. Flight MS804 was on its way to Cairo when it vanished from radar. Contact with the airline was lost around ten miles inside Egyptian airspace when...
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Economy

Saudi Arabia gets its first women business park

International Finance Desk
by International Finance Desk
Aim is to create 21,000 jobs by 2025 IFM Correspondent May 18, 2016: With the aim of encouraging women to come forward and contribute to the Kingdom’s growth, Saudi Arabia has launched its first women’s business park in Riyadh. The park is expected to create about 21,000 jobs by 2025. It will serve as an...
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Economy

‘Every Airbus is partly made in India’

International Finance Desk
by International Finance Desk
European company awards A320neo titanium parts contract to Aequs IFM Correspondent May 13, 2016: In a further boost to the ‘Make in India’ programme, Airbus has contracted Aequs Aerospace, a wholly-owned subsidiary to supply over 100,000 titanium machined parts for the A320neo (new engine option) programme. This is the first time work on critical elements...
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Economy

Saudi announces Vision 2030 to transform its economy

International Finance Desk
by International Finance Desk
The aim is to make a smooth transition away from dependency on oil revenue Suparna Goswami Bhattacharya May 13, 2016: With oil price continuing to show no signs of improvement, it is no secret that oil dependant nations have to think of alternatives to run their economy. The Kingdom of Saudi Arabia recently announced a...
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Economy

Panama papers: Joint statement on waked organisations

International Finance Desk
by International Finance Desk
Regarding a ten-year investigation May 10, 2016: In light of the announcement made by the United States Department of Justice and the United States Department of the Treasury’s Office of Foreign Assets Control regarding a ten-year investigation of the waked organisations, Panama’s Attorney General, Banking Superintendent, and Securities Market Superintendent have issued the following statements...
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Economy

Panama and Japan reach $2.6 billion agreement to fund Panama Metro

International Finance Desk
by International Finance Desk
Project will benefit more than 500,000 people; represents first Japanese monorail in the Americas April 22, 2016: The Republic of Panama announced the signing of a historic agreement with the Government of Japan valued at PAB/USD $2.6 billion to fund the construction of Line 3 of Panama’s Metro, the largest project in Panama since the...
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Economy

Dubai to host creative ideas, entrepreneurs at DAFZA

International Finance Desk
by International Finance Desk
The groundbreaking of first global incubator for innovation in Islamic economy took place on March 30 April 18, 2016: The International Centre of Islamic Economy headquartered at the Dubai Airport Freezone Authority (DAFZA) officially launched the digital portal of the ‘Oasis of Innovation in Islamic Economy’ concurrently with the groundbreaking of the first global oasis...
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Economy

Why Saudi will not be comfortable with high oil price

International Finance Desk
by International Finance Desk
The reasons are the US shale industry, and the rise of Iran and Russia Suparna Goswami Bhattacharya April 18, 2016: Saudi Arabia finds itself in a strange position. That, it is not happy with low oil prices is understandable, but a price too high will also make the Kingdom uncomfortable. Strange as it may sound,...
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