Saturday, Sep 19, 2020
International Finance

Category : Finance

Currency volatility combated with new monetary system

International Finance
International trade is growing at an astonishing rate, which has a direct impact on currency. Kinesis, a digital yield-bearing currency, could provide a solution to currency stability that goes beyond centralised or monetary banks...

Lebanon makes a splash by issuing region’s first green bond

International Finance
Green bond financing has been gaining popularity among many countries, keeping sustainable energy development at the core of business. Lebanon’s Fransabank is the first in the country and the Levant region to issue a green bond for US$60mn, showing the bank’s keenness to develop the green market...

Cyberattacks in finance, and how to tackle them

International Finance
Carbon Black, the leader in endpoint security solutions, released a report titled Modern Bank Heists: Cyberattacks and Lateral Movement in the Financial Sector, which offers perspectives of 40 Chief Information Security Officers (CISOs) on financial safety today. Here are the findings...

Why is a ‘Value Added Tax’ so important to the UAE?

International Finance
Experts say, instituting a value added tax in the UAE will drive its revenue expanse in a few short years. Mohammed Fathy, General Manager of Dubai-based tax consultancy Al Dhaheri Jones & Clark, explains its long-term effect on the region’s sectors and GDP percentage...

Technology revolutionising tax collection in Europe

International Finance
The furore over data protection has reached an all-time high. While the world chastises Silicon Valley for altering reality on the basis of social media behaviour, Europe is increasingly intrigued by the use of technology for tax collection. Nicholas Hallam, CEO of Accordance – a specialist firm in cross-border VAT, talks about how real-time VAT...