WASHINGTON / WAM The World Bank expects the UAE economy to grow by 5% in …
Read More »Kazakhstan weighs its biggest bank rescue since 2009
Bloomberg Kazakhstan has extended an emergency loan to the country’s biggest bank, the first step in what could be a rescue that may reach 1.5 trillion tenge ($4.5 billion), according to people familiar with the plans. A bailout is among the alternatives under discussion between officials from Kazkommertsbank JSC and the central bank as Kazakhstan edges closer to its …
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