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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

Cultural

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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Economy

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.
Business

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.

Must read

Business

China Unicom Launches in Dubai

China Unicom (Middle East) Operations Limited officially launched its operations in Dubai United Arab Emirates this week, marking a pivotal milestone in the telecommunications giant's global expansion strategy.
B2B

Bank Muamalat To Launch Islamic Banking Super App By Q4 2024

Bank Muamalat Malaysia Berhad (Bank Muamalat) partners with Backbase, and Mambu to lead its digital Islamic banking transformation.
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Business

UAE and Oman Firms Sign USD 32 Billion in Energy Deal

An industrial and energy project valued at an estimated USD31.8 billion topped the recent investment agreements reached between the UAE and Oman following Sultan Haitham Bin Tariq’s visit to the UAE capital earlier this week.
Food Hub

Birmingham to Host The 2024 Halal Food Festival

Food, fetes, and fanfare are the mainstay of summer celebrations, and this year, it will be ushered in at the Halal Food Festival on 25-26 May at Birmingham.
Economy

Largest IPO in Oman’s History as Part of Divestment Strategy

Oman's sovereign wealth fund Oman Investment Authority announces an Initial Public Offering for 25% of the shares of OQ Exploration & Production, a subsidiary of OQ Group, which is fully owned by OIA. This IPO is set to become the largest in Oman's history on the Muscat Stock Exchange.

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The latest

The K-Drama That Triggered South Koreans

Cultural 0
In gun-free South Korea, a bold K-drama, Trigger, has stirred robust debate about weapons and norms within Korean civil society.

KSA’s 6 Billion Investment in Syria as Regional Diplomacy Realigns

Economy 0
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

Business 0
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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