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.
In early 2025, Chinese AI firm DeepSeek burst onto the scene with a smarter, cheaper model that stunned tech giants and investors alike. Its bold innovations didn’t just shake up the AI race — it signaled a new era where speed, ingenuity, and openness, rather than the size of teams and investments, would redefine the future.
UAE firms Enercap Holdings and Apex Investments have formed a joint-venture to build 16GWh per year supercap energy storage – which will host the largest capacity in the world.
TotalEnergies CEO Patrick Pouyanné met with His Majesty Sultan Haitham bin Tariq Al Said and Minister of Energy HE Eng. Salim bin Nasser Al Aufi to reaffirm the long-term partnership between TotalEnergies and the Sultanate of Oman as well as launch the Marsa LNG Project during a meeting in Muscat this week.
The serene suburb of Chatou, just outside Paris, has become the site of a cultural milestone with the inauguration of the Musée d’Art et de Culture Soufis.
Graced by Ambassador of Thailand to Qatar H E Sira Swangsilpa, and Lulu Hypermarket Regional Director Shaijan MO together with dignitaries from the Royal Thai Embassy in Doha, the Halal Thai Food Promotion launch aims to foster goodwill between the two countries and celebrate Thai culture and cuisine.