Economy

China declares victory in eradicating poverty

Chinese President Xi Jinping solemnly declared “complete victory” in eradicating absolute poverty during a conference in Beijing on Thursday. The announcement of this great miracle in the human history of

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Saudi Crown Prince announces opening of Soudah Development Company

Saudi crown prince and chairman of the Public Investment Fund (PIF), Mohammed bin Salman, announced on Wednesday the launch of the Soudah Development Company (SDC) in the Asir region. The

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Angola asks Dutch court to seize properties of Isabel dos Santos

Angola has asked a Dutch court to seize on its behalf a stake in an energy company linked to billionaire businesswoman Isabel dos Santos, according to a legal action first

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Millions of dollars passed to friendly consulting firms of Angolan corrupt

Three of the world’s largest consulting firms received tens of millions of dollars in payments from an obscure firm in Dubai to help restructure Angola’s corruption-ridden oil sector, according to

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Canada plagued with counterfeit banknotes

Volume of counterfeit banknotes in Canada is on alarming rise. As more and more forged $100 bills are passed off on retailers, many are refusing to accept them at all,

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Crown casino in Sydney should not be allowed to run

In Sydney, Crown Resorts Limited runs the Crown casinos in Melbourne and Perth. The inquiry found that Crown Sydney Gaming was “not a suitable person” to operate the Sydney casino.

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Billions of dollars secretly stashed in Britain

Although in Britain, use of cash has been on fast decline, policymakers and financial investigators are surprised seeing tremendous skyrocketing rise in the demand for banknotes. Lawmakers are asking the

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Saudi Arabia has been proactive in combating money laundering

Saudi Arabia has succeeded in introducing a range of anti-money laundering initiatives and measures over the past few decades, which have helped to protect the national economy, writes Talat Zaki

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Saudi Crown Prince participates in session of World Economic Forum

His Royal Highness Prince Mohammed bin Salman bin Abdulaziz, Crown Prince, Deputy Prime Minister, and Minister of Defense, participated  in a strategic dialogue session within the activities of the World

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Bangladesh PM seeks Norwegian investment

Prime Minister Sheikh Hasina called upon Norway to come forward with large-scale investments in Bangladesh’s special economic zones. “Bangladesh is located in an important geographical location. It will be possible

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