Iran’s Risk Rating has upgraded to 5 PUBLISHED ON 07/02/2018
Iran’s rating in the country risk classifications of the Participants to the Arrangement on Officially Supported Export Credits (CRE), has upgraded from 6 to 5 by the Organization for Economic Cooperation and Development (OECD). After the last upgrade in Iran’s rating in the country risk on June 2016, from 7 to 6, the OECD announced […]
Cyprus’ Significant position in the EU ‘Horizon 2020’ PUBLISHED ON 25/01/2018
Cyprus has ranked first in the EU in terms of per capita absorption of funds from ‘Horizon 2020’ Research and Innovation Programme, Dr. Vassilis Tsakalos, General Director of the Cyprus Research Promotion Foundation (RPF), has said CNA. Cyprus has absorbed approximately €90 million funds so far which correspond to 245 projects implemented by research and […]
Banque du Liban (BDL)’s assets increased by 16% PUBLISHED ON 16/01/2018
According to Lebanon’s Central Bank or Banque du Liban (BDL)’s balance sheet, total assets of the bank reached $118.3 billion at the end of 2017, rising by $15.9 billion which is 16% increase compared with the previous year. Moreover, the securities’ portfolio of the Central Bank increased by $3.4 billion, or 13 percent and reached […]
Cyprus and Saudi Arabia signed Double Taxation Treaty PUBLISHED ON 09/01/2018
Ioannis Kasoulides, Minister of Foreign Affairs of Cyprus and Mohammad Abdullah Al-Jadaan, Minister of Finance of Saudi Arabia, signed an agreement for Double Taxation Avoidance (DTAA). During the historic visit of president Nicos Anastasiades to Saudi Arabia, in order to improve Cyprus relations with the Gulf countries, a number of bilateral agreements have signed between […]
