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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.

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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Iran Pushes Bold Nuclear Diplomacy as the US Sends Mixed Signals

The U.S. and Iran resume direct talks amid shifting foreign policy under the Trump Administration. The Tehran Government proposes a regional enrichment plan involving neighbouring countries as a concession on oversight of its ongoing nuclear enrichment programme.

Good Governance Tops Agenda at GETS 2025

No longer just a regional tech hub, the UAE is emerging as a global convener of ethics, with the intention to balance regulatory philosophies with un-encumbered potential in AI-led innovation.
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Turkey Berry Promises Mirth and Merry to Philly Patrons

The founders of a new SE Asian-inspired halal restaurant, Turkey Berry says the name was inspired by a local plant, which is known locally as a symbol of warmth and hospitality.

Hassana and EIG Sign MoU on Energy Transition Projects in KSA

Collaboration aims to advance selected green energy transition projects in the Kingdom of Saudi Arabia and the rest of the region with EIG’s targeted USD 1 billion dedicated regional fund.

Trump’s Tariff Shocks Keep Markets on Edge Amid Global Trade Turmoil

Trump’s latest shock 145% tariff on China, amid a pause for others, reignited trade tensions and drew swift retaliation. Despite brief market gains, analysts warn the damage to global trade and investor confidence may already be irreversible.