News

Amana Bank ranked world’s 37th strongest Islamic Bank

Amana Bank announced a significant rise in the latest Asian Banker rankings for the Strongest Islamic Banks in the World for 2023 climbing to the 37th position, marking a remarkable improvement from its 82nd position in 2022. In doing so Amana Bank has surpassed many other globally established Islamic Banks including those from the Middle East and SouthEast Asia.Amana Bank’s …

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Soap and Allied Industries (Pvt.) Ltd (SAIL) celebrates 25th anniversary

Soap and Allied Industries (Pvt.) Ltd. (SAIL), a leading entity under the esteemed Colombo Machinery and Equipment Limited (CMEL), marks its 25th anniversary, commemorating an extraordinary journey from humble beginnings to becoming an industry leader in the chemical and raw material market. In a joyful burst of celebration and elegance, SAIL unfurled a splendid event at Shangri-La Colombo, marking 25 …

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How to get your Tax Identification Number in Sri Lanka (TIN)

What is a TIN number? A Taxpayer Identification Number (TIN) is issued by the Inland Revenue Department (IRD) of Sri Lanka to register your business as a taxpayer. It is used to keep track of its taxpayers and optimise the process of tax compliance. Let’s take a look at the steps you can take to obtain a TIN number for …

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Ethiopia Along With Other Four New Member States Officially Joins BRICS

Addis Ababa January 1/2024 (ENA)Today, Ethiopia along with the other four new member countries, officially joined the BRICS, the emerging-markets bloc of Brazil, Russia, India, China and South Africa. According to a statement issued by the BRICS today that Ethiopia, Egypt, Iran, Saudi Arabia and United Arab Emirates (UAE) have officially joined the bloc. Ethiopia’s bid to join the BRICS …

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What is BRICS, which countries want to join and why?

JOHANNESBURG, Aug 21 (Reuters) – The BRICS group of major emerging economies – Brazil, Russia, India, China and South Africa – will hold its 15th heads of state and government summit in Johannesburg between Aug. 22 and Aug. 24. Here are some key facts about the bloc and its members. WHAT IS BRICS? The acronym BRIC, which did not initially include South …

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‘Without work and hope’: Bethlehem’s Christmas economy bleeds from Gaza war

The West Bank city loses Christmas tourism amid daily Israeli raids and the continuing assault on the Gaza Strip. There are no tourists on Bethlehem’s streets and churches have announced the cancellation of all Christmas festivities amid the continuing Israeli assault on Gaza [Mosab Shawer/Al Jazeera] By Mosab Shawer Published On 22 Dec 202322 Dec 2023   Bethlehem, occupied West Bank …

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