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Wednesday, December 11, 2024

Economy

Australia’s Biggest Political Scandal That No One Talks About

If the Australian public would like to know what their future would have looked like if former Prime Minister Kevin Rudd succeeded in his mission to create a healthy sovereign wealth fund from the Resources Super Profits Tax proposal in 2010, look no further than the Kingdom of Saudi Arabia in 2024 – where all its citizens share in the spoils.

The Global South Should Stand Side-By-Side

For this week’s newsletter, we are pleased to share an interview from the recent China-Africa Cooperation Summit with the Institute for Strategic and Policy Studies South Sudan Executive Director Melha Rout Biel and the Global Times. Biel unpacks how China and Africa can move forward together to create a shared future, with mutual prosperity.

Muscat Means Mo’ Money for Muslim Investors

Investors Alert! HH Sayyid Faris Bin Fatik Al Said announces new investment opportunities in Oman.

Fintech Sector Growth in Kazakhstan Signals Sunny Days Ahead

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.

Iran, India and the BRICS Bridge to Pave New Trade Pathways

Despite connectivity challenges, the Chabahar port in Iran is crucial for India's regional presence. This port is part of broader efforts, including the International North-South Transport Corridor (INSTC), to charter alternative trade routes.

Pakistan Must Diversify its Energy Mix to Meet 2030 Target

Sustainable Development Policy Institute Joint Executive Director Vaqar Ahmed says that the China-Pakistan Economic Corridor (CPEC) offers a vital opportunity to diversify Pakistan’s energy mix and promote green investments at an SDPI seminar in Islamabad this week.

Saudi Aramco Ranks Fourth in 2024 Fortune Global 500

Saudi Aramco netted USD 121 billion in profits and was the most profitable Fortune Global 500 company for the third year in a row. 

Complex Banking ID Checks is Bad for UX and New Business

According to the latest report from FICO, one in three Indonesians abandon opening a personal bank account due to complex identity checks.

Latest news

New Delhi Hosts the First Special Olympics APAC Bocce & Bowling  Competition

The  first Special Olympics Asia Pacific Bocce & Bowling Competition 2024 took place at Tyagaraj Stadium in New Delhi late November 2024.
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Uzbekistan’s Mirzahid Musaev Secures Gold at World Showjumping Challenge

Uzbekistan’s equestrian Mirzahid Musaev shone brightly at the 23rd Fédération Équestre Internationale Jumping World Challenge Final, held at the Universal Jumping Stables in Tashkent’s scenic Bostanlik district.

Shohoni Mahabub Bridges Innovation and Real-World Solutions

A recognized expert in business analytics and artificial intelligence Shohoni Mahabub was recently honoured with the 2024 Global Recognition Award, a distinction that celebrates her contributions to the fields of business analytics and artificial intelligence.

Must read

How PPP is Increasing Efficiencies Across Saudi’s Gigaprojects

UK legal firm Ashurst Senior Associates Jason Gouveia and Joanne McGuire discuss why concerns about whom ultimately bears the payment risk in a PPP arrangement becomes highly relevant in gigaprojects.

Married Muslim Men are Marvellously Masculine

Fast cars and slick cigars maketh not the man! This week’s Letter from the Editor is a petite homage to all the good men that walk the earth.
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Partanna Global Deploys First Carbon-Negative Concrete Blocks in the Gulf

In a first for the Saudi construction industry, materials science company Partanna Global partners with Saudi Readymix Concrete Company on the successful production of carbon-negative concrete blocks in the Gulf.

Partanna Global Deploys First Carbon-Negative Concrete Blocks in the Gulf

In a first for the Saudi construction industry, materials science company Partanna Global partners with Saudi Readymix Concrete Company on the successful production of carbon-negative concrete blocks in the Gulf.

Southeast Asia is the World’s Leading Muslim Tourist Destination

According to the latest report by the Mastercard-Crescent Rating Global Muslim Travel Index (GMTI), Indonesia and Malaysia tied for the top spot among 145 destinations in the world.