global finance

UAE to Deposit $3 Billion in Pakistan Central Bank

The United Arab Emirates will deposit $3 billion in the central bank of Pakistan to help “enhance liquidity” as the country struggles with a balance of payments crisis, state media said.

UAE to deposit $3 bn in Pakistan central bank

Iran Pushes U.S. for More Access to Global Financial System

Iran’s main goal in its nuclear talks with world powers was to secure access to the global financial system, and the United States must now do more to remove obstacles to the banking sector, Foreign Minister Mohammad Javad Zarif (pictured)

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Israel Launches Probe Into Firms Exposed In Tax Haven Leaks

The Times of Israel reports: Israel has launched a probe into companies and individuals exposed by the “Panama Papers” data leak to have holdings in offshore accounts. The Israel Tax Authority announced Monday that it had opened an investigation after

A sign of Leumi Private Bank is seen on June 14, 2013 in the financial district of Geneva.

Israel Passes Law To Cap Bankers’ Salaries

Israel has introduced one of the world’s toughest curbs on bank executives’ salaries to try to narrow a big gap between bosses’ and workers’ pay. The law was pushed through by Finance Minister Moshe Kahlon, who, ahead of last year’s

A money exchanger holds a handful of Israeli shekels in the market place on June 12, 2015, Gaza City, Gaza.

Iran Banks Not Ready For Business Following Sanctions Relief

Iran knows full well that the end of international sanctions will only translate to more foreign trade and investment if major global banks re-connect with the Islamic republic. But of all foreign companies, banks are the most reluctant to resume

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