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Economy

Explore insightful analyses and news on Muslim entrepreneurship, Islamic finance, and global markets.

Economy

Kazakhstan Expands Islamic Finance with New Shariah-Compliant ETF

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.
Economy

IMF Urges Ethiopian Support for Economic Reforms

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.
Economy

Gambia Urges IsDB to Extend Support to Non-Member Countries

Gambia Minister of Finance and Economic Affairs Seedy Keita, has called on the Islamic Development Bank to expand its financial support beyond its member countries to include Muslim communities in non-member nations.
Economy

African Development Bank and IOM Collab on Migration

The African Development Bank Group (ADB) and the International Organization for Migration are exploring ways to strengthen their partnership to address climate-related migration and development challenges across Africa.
Economy

World Bank May Inject USD 400 Million into Jordan’s Economy

According to a recent report, The World Bank is considering financing a new project in Jordan with an estimated value of USD 400 million.
Economy

One Third of Global Population Lives Without Internet

Internet connectivity is no longer a luxury but a necessity for economic growth, education, and social development. Yet nearly 2.6 billion people—approximately one-third of the global population—remain without access.
Economy

Singapore Welcomes Continued FDI and Cultural Ties with India

During his inaugural state visit to India in January 2025, Singaporean President Tharman Shanmugaratnam emphasized the need for Singapore to strengthen its engagement with...
Economy

Egypt’s New Chapter in its Economic Revival

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.
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Latest news

Tech

DeFi Is Disrupting Finance but Jury is Out on Useability for the Unbanked

Decentralised Finance is reshaping the way money flows—challenging long-standing barriers to access. With blockchain at its core, it holds revolutionary potential—but can it truly deliver on its promise?
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Sport

North Korea Opens Borders for the Pyongyang International Marathon

Despite North Korean dominance at the Pyongyang International Marathon, the participation of foreign runners has sparked global interest, fueling speculation that the country is jogging into soft diplomacy.
Tech

Zimbabwe’s Presidential Internet Scheme to Train 1.5M Coders

Zimbabwe’s Presidential Internet Scheme aims to bridge the digital divide and expand opportunities for youth through education, economic empowerment, and tech innovation, particularly in underserved rural areas.

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Cultural

AfrikaBurn Says No to Money, Yes to Experience

AfrikaBurn is a pegged as a blueprint for a more connected, compassionate, and conscious world; one that embraces spontaneity and creativity in the heart of the Tankwa Karoo desert. What happens when thousands come together to create a city composed of art, music, and free food?
Politics

Mona Shindy Talks Good Governance Through Commonplace Diplomacy

As a young engineer, retired ADF Captain Mona Shindy was one of three women to first serve on a Royal Australian Navy warship travelling to a warzone in 1991. Fast forward to the future, a warm and articulate Shindy gets candid about leadership, empathy, and starting conversations that matter.
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Tech

COP28 Says Tripling Global Renewable Energy Capacity by 2030 is Non-Negotiable

Global investment in renewable energy must more than triple over the next six years to meet the 11,000GW capacity target needed to keep 1.5°C within reach, says UAE Minister of Industry and Advanced Technology and COP28 President Dr Sultan Al Jaber at the Global Renewables Summit held during the 79th UN General Assembly in New York this week.
Cultural

Heritage Africa Program Preserves Ancient Mosques, Ancient Cultures

HERITAGE and the Mellon Foundation award small grants to 19 African Heritage Projects, with a focus on preservation and development of ecotourism in communities across Africa.
Cultural

Chinese Muslim Tourists Make Malaysia Their Go-to Holiday Destination

According to The Islamic Tourism Centre of Malaysia Director General Nizran Noordin, the country is experiencing a marked increase in Chinese Muslim tourists with 26,534 arrivals last year and is anticipating 40,172 by end of Q1 2024.

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The latest

DeFi Is Disrupting Finance but Jury is Out on Useability for the Unbanked

Tech 0
Decentralised Finance is reshaping the way money flows—challenging long-standing barriers to access. With blockchain at its core, it holds revolutionary potential—but can it truly deliver on its promise?

North Korea Opens Borders for the Pyongyang International Marathon

Sport 0
Despite North Korean dominance at the Pyongyang International Marathon, the participation of foreign runners has sparked global interest, fueling speculation that the country is jogging into soft diplomacy.

Zimbabwe’s Presidential Internet Scheme to Train 1.5M Coders

Tech 0
Zimbabwe’s Presidential Internet Scheme aims to bridge the digital divide and expand opportunities for youth through education, economic empowerment, and tech innovation, particularly in underserved rural areas.
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