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Experts discuss the challenges of tracking the illicit flow of funds

RIYADH: Financial inclusion is crucial to reducing challenges in tracing the illicit flow of funds, said Samya Abou Sharif, the director of Jordan’s anti-money laundering and counter-terrorist financing unit. Abou Sharif made her statement on Thursday in Riyadh during a panel session titled “Follow-the-Money Techniques to Detect Financial Crime: Potential and Challenges” at the Arab Forum of Anti-Corruption Agencies and. ....

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Ringgit opens higher against US$ as greenback weakens

KUALA LUMPUR: The ringgit continued its uptrend from last Friday’s closing to open higher today amid the weakening greenback and lower US Treasury yields, analysts said. ....

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Tripartite committee discusses enhancing defense cooperation between Saudi Arabia, Turkey, and Pakistan

ISTANBUL: Saudi Arabia, Turkiye and Pakistan’s tripartite committee held its third meeting recently in Istanbul to discuss ways to enhance defense cooperation. Saudi Assistant Minister of Defense Talal bin Abdullah Al-Otaibi, Turkish Deputy Minister of National Defense Bilal Durdali, and Lt. Gen Mohammed Owais from Pakistan were among the officials present at the meeting, the Defense Ministry said in a. ....

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Japan's finance minister keeps traders guessing on yen intervention

The comments came days after Japanese authorities apparently entered the market to support the yen on two occasions this week. ....

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KFC stores in Malaysia shutter amid anti-Israel boycott

KUALA LUMPUR: Scores of KFC outlets have closed in Malaysia amid calls to boycott the chain and other brands accused of links with Israel. Since the outbreak of Israel’s deadly attacks on Gaza in October, many Malaysian citizens have backed a growing refusal to buy products from the Western companies seen as having relations with Tel Aviv.. ....

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