First Independent Mena Newspaper
In a strategic move to reduce global reliance on the U.S. dollar, China has welcomed six new financial institutions from Africa, the Gulf, and Central Asia into its Cross-border Interbank Payment System (CIPS). The expansion, announced during a ceremony in Shanghai, brings direct participation in the yuan-based payment network to 174 institutions, as China steps […]
An Iranian cargo, Boeing 707 carrying from Kyrgyzstan crashed on Monday after skidding off on the runway at an airfield during an emergency landing near capital, Teheran, leaving 15 people dead except one crew member, reports say. The narrow body jet dating back to 1979 crashed into residential area after making an emergency landing at […]