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Posted on 18/08/2021

Afghan President Ghani surfaces in UAE

Ousted Afghan President Ashraf Ghani is residing in the United Arab Emirates, the Persian Gulf state’s foreign ministry confirmed Wednesday. Ghani’s whereabouts had been a subject of considerable …
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Posted on 18/08/2021

President Ghani gets humanitarian asylum in UAE as Trump and Biden turn on him

Afghan President Ashraf Ghani and his family have been granted asylum in the UAE on the grounds of “humanitarian considerations.” Mr Ghani fled Afghanistan last week as the Taliban approached Kabul.
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Posted on 18/08/2021

How Ashraf Ghani went from Afghanistan’s president to villain hiding in UAE

Although he is a Pashtun, Afghanistan’s dominant ethnic group, Ashraf Ghani was seen as an outsider who lacked the political touch to unite disparate factions, and he became more isolated over time.
( read original story …)


Posted on 18/08/2021

After Dropping The Idea Twice, VLCC Finally Files For IPO; Here’s What We Know So Far

VLCC (formerly Vandana Luthra Curls and Curves) is a beauty and wellness company that has filed for an initial public offering (IPO). It plans to issue fresh issue shares worth Rs 300 crore, while the …
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Posted on 18/08/2021

Ousted Afghan President Ashraf Ghani fled to UAE, country says

The United Arab Emirates confirmed Wednesday that it has welcomed former Afghan President Ashraf Ghani and his family after the ousted leader fled his country as the Taliban closed in on Kabul.
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Posted on 18/08/2021

Afghanistan Taliban crisis LIVE: Ashraf Ghani who fled Kabul is now in UAE, says report

The United Arab Emirates (UAE) said that the country has accepted former Afghan President Ashraf Ghani and his family for “humanitarian considerations.” “The UAE Ministry of Foreign Affairs and …
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Posted on 18/08/2021

Afghan central bank’s $10b stash to remain locked

The country’s central bank, Da Afghanistan Bank (DAB), is thought to hold foreign currency, gold and other treasures in its vaults, though the exact contents are unclear, according to an Afghan …
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Posted on 18/08/2021

Worldwide Sukuk Industry to 2026 – Featuring Al Baraka Banking, Dubai Islamic Bank and Kuwait Finance Among Others

Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026″ report has been added to ResearchAndMarkets.com’s offering. The global sukuk market exhibited strong growth during 2015 …
( read original story …)


Posted on 18/08/2021

Saudi National Bank’s investment arm and BNY Mellon to bring global securities services in KSA

The partnership will address demand to adopt global practices in asset management, brokerage, and custody functions in Saudi Arabia …
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Posted on 18/08/2021

Dubai’s Network International H1 revenue up a forecast-beating 16.5%

Dubai-based payments processor Network International NETW.L on Wednesday beat expectations with a 16.5% rise in first-half revenue as its merchant solutions business and main markets continued to …
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Posted on 18/08/2021

East Africa Development Bank Sued For Violation Of Contract

A Kenyan national Raphael Tuju has dragged to court the East Africa Development Bank (EADB) seeking KSh3.1 billion damages and violation of a mutual contract. In the case filed at the High Court and …
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Posted on 18/08/2021

Dubai-based Network International swings to $15mln H1 net profit

Dubai-based payments processor Network International has posted a net profit of $15 million for the first half of 2021, compared with a net loss of $936 million for the same period in 2021. It had …
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Posted on 18/08/2021

Raphael Tuju sues EADB Bank, seeks Sh3.1 billion for violation of contract

Jubilee party Secretary General Raphael Tuju has sued the East Africa Development Bank (EADB) for Sh3.1 billion damages and violation of a mutual contract. In the case filed at the High Court and East …
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Posted on 18/08/2021

Mother of British ‘danger tourist’, 21, who went on holiday to Kabul says she had no idea he was even there but is ‘relieved’ he is now safe after he landed in Dubai aboard …

Miles Routledge was evacuated to Dubai on a military flight with hundreds of others fleeing the Afghanistan capital after the Taliban took control.
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Posted on 18/08/2021

Dubai to unveil infra sector investment opportunities

DUBAI: Dubai plans to present several infrastructure sector investment opportunities to local and international investors as it looks to build a productive ecosystem of public-private partnership in …
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Posted on 17/08/2021

Philippines’ electric grid operator files for IPO

MANILA – Philippines’ Synergy Grid & Development Phils. Inc, majority owner of the country’s electricity grid operator, has applied for an initial public offering (IPO), the corporate regulator said …
( read original story …)


Posted on 17/08/2021

‘Idiot’ British student, 21, who went on holiday to Kabul shares video aboard RAF military plane as he lands in Dubai with hundreds fleeing new Taliban rule

Miles Routledge, 21, shared footage of him sitting alongside hundreds of other people fleeing the militant group as the aircraft touched down in the UAE.
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