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Wednesday, April 24, 2024

Economy

Indonesia and Egypt Full Steam Ahead on Urban Planning Relocation Strategy

NUS Lee Kuan Yew School of Public Policy Senior Lecturer Dr Woo Jun Jie discusses Singapore’s urban planning mitigation against congestion strategies in light of the new capital cities currently under construction in Indonesia and Egypt.

Tunisia Achieves Bumper Olive Oil Harvest Due to New Production Methods

Tunisian Agricultural Minister Abdelmonem Belati says that the olive oil industry must take advantage of high export prices to capitalise on a bumper harvest.

Ugandan President Launches the First Interest-Free Islamic Bank

Ugandan President Yoweri Museveni officially opens Salaam Bank, the country's first interest-free commercial Islamic bank in Kampala Uganda this week.

Tehran Targeting USD 20 Billion in Trade with Baghdad by 2027

Iran’s Deputy Foreign Minister for Economic Diplomacy Affairs Mehdi Safari says that the country is targeting an annual USD 20 billion trade with neighboring Iraq by 2027.

Strong Profits Forecast for Kuwaiti and Other Gulf Oil Refineries for FY2025

Kuwaiti oil refineries Al-Zour and Al-Ahmadi, along with Mina Abdullah and Duqm, which are jointly owned by Kuwait and the Sultanate of Oman, are poised for significant profits in the years 2024 and 2025.

KPMG says Venture Capital Markets in Central Asia Surpass Northern Regions

Kazakhstan has emerged as the leader in the region in terms of venture capital volumes and development rates.

Barclays Bank CEO Rasha Badawi Says Diversification Aids Against Global Uncertainties

UAE Barclays Bank CEO Rasha Badawi says that the past few years has seen the region experience rapid growth and consumer confidence across multiple sectors.

Record-Breaking FDI for Major Infrastructure Development in Egypt

The agreement between Egypt and consortium ADQ is the largest FDI in Egypt's history, with USD 35 billion allocated for infrastructure development in Cairo.

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Aussie Muslims Honoured in ANZAC Day Dawn Service

President of the Ahmadiyya Muslim Community Anjum Qaisrani led prayers in an historic ANZAC Day dawn service in Perth, Australia today.
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Ethics and Morality Should Underpin All AI Innovation says Sheikh Nahyan

UAE Minister Sheikh Nahyan bin Mubarak Al Nahyan says that human values are needed to make the transition to Artificial Intelligence more inclusive and less disruptive for everyone.

Partanna Global Deploys First Carbon-Negative Concrete Blocks in the Gulf

In a first for the Saudi construction industry, materials science company Partanna Global partners with Saudi Readymix Concrete Company on the successful production of carbon-negative concrete blocks in the Gulf.

Must read

Lebanon PM Mikati Floats Plan to Reconstruct Beirut’s Port

Three and a half years after hundreds of tons of ammonium nitrate ignited at the Beirut Port, setting off one of the world’s biggest non-nuclear explosions, Lebanese and French officials put forward a plan for reconstruction of the port this month.

Winners Were Grinners at The Globe Gala Awards in Azerbaijan

The Globe Gala, organized for the fifth time by The Millionaire Concept, brought together leading figures from the business, art and fashion worlds in Baku.
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Surgeons perform a groundbreaking surgery that marks a significant milestone in telesurgery, heralding a new era in the accessibility and delivery of patient care in India.

Fueltrax Wins Major Series of Contracts with SE Asia Vessel Operators

Malaysia-based Fueltrax, a Fuel Management System provider claims it delivers over 99% system uptime globally and is the only EFMS accepted universally by all major oil companies.

Smart Cities are the Next-Gen Habitats on Earth

Terminus Group CEO Victor AI shares his smart cities ‘SPACE’ vision as ‘urban evolution’ at the 2024 Web Summit in Doha Qatar.