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Bangladesh warns of deepening Rohingya crisis as refugee aid nosedives

Dhaka: Bangladesh warned on Tuesday of the deteriorating humanitarian crisis at its refugee camps hosting some 1 million Rohingya, as global aid for the oppressed stateless minority has sharply declined this year. The Joint Response Plan, the annual UN fundraising plan by international agencies, was among the best funded humanitarian responses when it was set up in 2017, after a...
Saudi Arabia Sulawesi Tengah Jakarta Raya Melky Nahar Yasmine El Tohamy Dedy Kurniawan

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No takers for rupee payment for oil imports, Auto News, ET Auto

"During FY 2022-23, no crude oil imports by oil PSUs was settled in Indian rupee. Crude oil suppliers (including UAEs ADNOC) continue to express their concern on the repatriation of funds in the preferred currency and also highlighted high transactional costs associated with conversion of funds along with exchange fluctuation risks," the oil ministry told the parliamentary department related standing committee.
Rupee Payment For Oil Imports Crude Oil Indian Currency Oil Exporters Indian Importers

Gaza war could push millions in the region into poverty, warns UN

DUBAI: More than 230,000 people in countries neighboring Palestine and Israel could be pushed into poverty as the effects of the war ripples across the region, according to a UN-led assessment. Countries in the Arab region, particularly those that form the โ€œring of fireโ€ around Israel and Palestine, face a grave economic downturn thanks to the ongoing war in Gaza,...
Israel General Janub Sina United Arab Emirates World Bank District Of Columbia United States

Rupee | India's bid for global rupee transactions gets a boost with first-ever payment for UAE oil

India in July signed an agreement with the UAE for rupee settlement and soon after Indian Oil Corporation (IOC) made payments for purchase of a million barrels of crude oil from Abu Dhabi National Oil Company (ADNOC) in Indian rupees
Saudi Arabia Indian Oil Corporation Abu Dhabi National Oil Company India Oil Corporation Reserve Bank Digital Transactions

'It's a big deal': Exporters see demand growth for Bangladeshi spices in Saudi Arabia

DHAKA: Saudi Arabia is a growing export destination for Bangladeshi spices, with the countryโ€™s producers crediting the growth to improved product quality and the Bangladeshi diaspora in the Kingdom. Bangladesh exported more than $17 million worth of spices to Gulf countries between July and November this year, more than half of which had gone to Saudi Arabia, according to data...
Israel General Rif Dimashq Bishop Rolf Steinhaeuser Fadi Homsi Ylva Johansson Khalid Mukhtar

Archbishop of Canterbury's Christmas sermon highlights children's plight in Gaza

LONDON: The Archbishop of Canterbury spoke about the impact of the Israel-Hamas war on children in his Christmas Day sermon, the BBC reported on Monday. โ€œThis year, the skies of Bethlehem are full of fear rather than angels and glory,โ€ Justin Welby said during a service at Canterbury Cathedral. He drew parallels between the hardships faced by children in the...
Sri Lanka Saudi Arabia Kamruzzaman Kamal Mohammad Sazzadul Karim Promotion Bureau Daffodil International University

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