Kazakhstan marked a significant milestone in Islamic finance with the launch of its Central Asia and Caucasus’ first Shariah-compliant exchange-traded fund (ETF) under the International Trading System’s Shariah index.
Speaking at a recent press briefing at the Ministry of Finance in Addis Ababa alongside Finance Minister Ahmed Shide, IMF Managing Director Kristalina Georgieva called on Ethiopians to support the government’s economic reform efforts.
Egypt is set to receive a USD 1.2 billion disbursement from the International Monetary Fund in January 2025, as part of its USD 8 billion Extended Fund Facility programme.
The World Bank has approved a USD20 billion loan package for Pakistan under a ten-year Country Partnership Framework (CPF), with climate change related investment being a key focus of the agreement.
According to Financial Writer Jessica Weisman-Pitts, investors would be wise to keep abreast of Kazakhstan’s fintech sector, where leading technology firms are investing heavily in the nation’s growth thanks to a young, educated workforce and a super ambitious national Digital Agenda.
The Ministry of State-Owned Enterprises and Bank Syariah Indonesia (BSI) says that they are committed to helping Indonesia become a global halal financial hub.
With USD 6.4 billion in fresh deals, the Kingdom is staking its claim on Syria’s future and sending a clear message: Arab-led recovery is back in focus.
KUN’s recent Series A $50 million funding round signals a pivotal moment for stablecoins, ushering in a new era of regulated, efficient, and cross-border digital payments across Asia.
Abu Dhabi will host this year’s edition of the Saudi Super Cup in April, making it the first time the tournament will be hosted outside of Saudi Arabia.
From AI Agents to Ten Minute Deliveries and Hyperspectral Satellites, we select the top ten tech startups that have been backed by big funding and bold ideas, which reveals where technology—and investor confidence—is headed next.
According to the Thailand Board of Investment, Government tax breaks, subsidies and other incentives are transforming Southeast Asia's second largest economy into a global hub not only for the production of battery electric vehicles (BEVs) but also the hybrid technologies that are supporting the zero-emission transition.
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.
Vow, a cultured meat tech company becomes the first outside the US to gain regulatory approval and sell cultured meat, launches its first product Forged Parfait in Singapore.