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Saturday, October 11, 2025

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.

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.

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.

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.

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.

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.

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...

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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The K-Drama That Triggered South Koreans

In gun-free South Korea, a bold K-drama, Trigger, has stirred robust debate about weapons and norms within Korean civil society.
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KSA’s 6 Billion Investment in Syria as Regional Diplomacy Realigns

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 50 Million Aims to Accelerate Stablecoin Adoption Amid Hong Kong’s Regulatory Surge

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.

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BRICS Members Agree to Grain Exchange Deal

According to Russian Minister of Agriculture Oksana Lut, the BRICS group of countries have supported an initiative to set up a grain exchange.

Hungary Looks to Partner with UAE for Investment in Priority Sectors

Hungary signs an economic cooperation agreement with the UAE aimed at stimulating trade and investment flows between the two countries in Budapest this month.
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Turkmenistan Unravels the Ancient Culture & Agriculture of Anau

he Ancient Culture of Anau Conference, organized by the Institute of History and Archaeology of the Academy of Sciences, saw well-known historians, archaeologists, ethnographers, orientalists, eminent professors and young scientists convene from around the world in Turkmenistan this week.

Singapore and Saks Fifth Avenue Find Synergies in Luxury Shopping Markets

The Singapore Tourism Board launches the Made in Singapore Campaign in the USA with the aim of showcasing quintessential Singaporean experiences to the US Market.

Qatar Fine Arts Association showcases 37 Works at Elite Exhibition in Katara

The Qatari fine arts movement continues to meet strong demand, with Qatar Museums working behind the scenes to entice international buyers to discover Qatar's established and emerging artists.