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Tuesday, March 10, 2026

Economy

De-Dollarisation, BRICs and the Rise of the Global South

According to Dr David King Boison, the power of a currency lies not just in its intrinsic value, but in the trust and systems that nations build around it. In this essay, Boison discusses the rapid expansion of BRICs and how it may offer a sustainable alternative for nations seeking autonomy from Western-led financial systems.

ANEXT Bank and Schroders Break Down Investment Barriers for MSMEs

According to a recent survey by ANEXT Bank, four in five MSMEs have never purchased investment instruments, citing a lack of excess liquidity, know-how, and suitable product options as the top reasons.

UNIDO Champions SDG Goals with New Partnerships and Clean Energy Initiatives

The United Nations Industrial Development Organization held two significant events this month; the pre-launch of the Ministerial Industrial Policy Forum (MIPF) in New York late September, followed by the main gathering in Riyadh on 24 October, 2024.

Germany Seeks Sustainable Jobs Growth & Production in ASEAN

The Conference on ASEAN SCP Policies and Practices: Celebrating 12 Years of German-Southeast Asian SCP Cooperation was held this week at the DoubleTree by Hilton Shah Alam i-City Malaysia, marking 12 years of cooperation between SE Asia and Germany.

Egypt Allocates 5% of Land to People Living with Disabilities

Community Alert! Egypt Minister of Housing, Utilities, and Urban Communities Engineer Sherif Ismail announces the allocation of 5% of the total plots offered within twenty new cities for people living with disabilities or their primary carers.

KSA Calls COP16 Policymakers to Tackle Land Degradation

Saudi Arabia has called on the world's policymakers to urgently address land degradation, drought and desertification ahead of the 16th UN Convention to Combat Desertification COP16 in Riyadh in December 2024.

Efforts To Improve Jakarta’s Water System Are Underway

According to Monash University Indonesia Associate Professors Eka Permanasari and Denis Teoman, despite a 2010 fatwa from the Indonesian Council of Ulama affirming the halal status of recycled water, the city is still not maximising its water resources. One example, Permanasari argues, is if the Istiqlal Mosque uses recycled greywater, it may save up to 35 percent of the city's clean water.

Second Hand Clothing Drives Economic Growth in Africa’s Green Economy 

According to a new report from Oxford Economics, second-hand clothing (SHC) is stimulating billions of dollars in GDP contributions and supporting hundreds of thousands of green jobs across Europe and Africa.

Latest news

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.

Must read

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.

Entrepreneurs Solve Muslim Name Biases with Ethical Innovation

When LaunchGood, a crowdfunding platform for the Muslim community, faced rejection from three banks and payment processors, it highlighted the systemic challenges confronting Muslim-founded businesses.
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Austrian Companies Seek Out Tajikistan’s Growth Markets

According to Deputy Minister Aziz Nazar, several Austrian companies in the food, beverage, and industrial equipment sectors are exploring opportunities to collaborate with Tajikistan, aiming to support the nation’s industrialization goals.

Stitch Raises USD 55 M to Accelerate Digital Payments Market in SA

South Africa’s fintech scene lays claim to Africa’s digital future as Stitch raises USD 55 million to revolutionize payments—despite limited infrastructure and regulatory hurdles.

Ugandan President Launches the First Interest-Free Islamic Bank

Ugandan President Yoweri Museveni officially opens Salaam Bank, the country's first interest-free commercial Islamic bank in Kampala Uganda this week.