- But if widening economic gaps between the developed world and the poor countries persists, only a few will enjoy the...
Many developing economies are being held back by constraints on fiscal measures, lack of monetary autonomy and limited access to vaccines.
By 2025, developing countries will be $12 trillion poorer owing to the pandemic, the report said.
- Nearly 75 percent of banks expect tech giants such as Google and Amazon to dominate the banking industry in five...
The report said only 25 per cent of EMEA-based banks expect to significantly increase spending on Big Data in the next three years.
19 per cent of EMEA-based banks are focused on blockchain investment compared with 30 per cent of banks in North America.
- Real time data coupled with effective supply chain technology came in handy for the industry after the aviation sector was...
The GCC countries have been making investments in integrating supply value chains with digital platforms and upgrading their technologies to keep pace with the latest developments
Real time data coupled with effective supply chain technology came in handy for the industry after the aviation sector was grounded following the spread of COVID-19 globally
- The Grand Ethiopian Renaissance Dam, set to be Africa's largest hydroelectric project when completed, has sparked an almost decade-long diplomatic...
The UN’s top security body also invited observers who would be acceptable to the three parties
The dam was the subject of a Security Council meeting in early July
- While most wages in Lebanon have remained unchanged, the value of the Lebanese pound has gone down more than 90...
The Lebanese military plans 1,000 hours of helicopter rides for tourists and even Lebanese citizens this year
With each ride costing $150, the military is eyeing an influx of $300,000 through this route
- Oman’s Environment Authority and Petroleum Development Oman have reportedly discussed the policy draft with the United Nations Environment Program.
The UNEP experts outlined the roadmap to EA and PDO during a virtual meeting that the Omani entities organized
The first draft included the road ahead for the buildings, water, manufacturing, transportation, waste, and energy sectors
- Inflation in Saudi Arabia is on the decline for the second month consecutively, dropping to the lowest level since June...
The consumer price index (CPI) recorded a modest increase in August of 0.3 percent
The slowdown was led by non-food prices, particularly by weaker inflation in the clothing and transport sectors
- The inflation rate was recorded at 387. 56 percent (year-on-year) in August, compared to 422.75 percent in July
The inflation rate was recorded at 387. 56 percent (year-on-year) in August, compared to 422.75 percent in July
Sudan has long been reeling from economic crises that deepened after the ouster of autocrat Omar al-Bashir in April 2019
- Kuwait's Burgan Bank has been allowed to issue up to $500 million senior unsecured bonds under its Euro Medium Term...
The bank said the proceeds from the bond issuance will help it reinforce its long-term liquidity.
The bonds will have either a five-year tenor and a fixed coupon, or a six-year tenor with redeem option.





















