10 C
London
Friday, February 20, 2026

Economy

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.

Tehran Targeting USD 20 Billion in Trade with Baghdad by 2027

Iran’s Deputy Foreign Minister for Economic Diplomacy Affairs Mehdi Safari says that the country is targeting an annual USD 20 billion trade with neighboring Iraq by 2027.

Strong Profits Forecast for Kuwaiti and Other Gulf Oil Refineries for FY2025

Kuwaiti oil refineries Al-Zour and Al-Ahmadi, along with Mina Abdullah and Duqm, which are jointly owned by Kuwait and the Sultanate of Oman, are poised for significant profits in the years 2024 and 2025.

KPMG says Venture Capital Markets in Central Asia Surpass Northern Regions

Kazakhstan has emerged as the leader in the region in terms of venture capital volumes and development rates.

Barclays Bank CEO Rasha Badawi Says Diversification Aids Against Global Uncertainties

UAE Barclays Bank CEO Rasha Badawi says that the past few years has seen the region experience rapid growth and consumer confidence across multiple sectors.

Record-Breaking FDI for Major Infrastructure Development in Egypt

The agreement between Egypt and consortium ADQ is the largest FDI in Egypt's history, with USD 35 billion allocated for infrastructure development in Cairo.

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.

Pakistan’s Rice Exports Surge Thanks to India’s Export Restrictions

Rice exports from Pakistan surged 85.8%, reaching USD 2.5 billion within eight months, largely due to India’s self-imposed restrictions on its own shipments.

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.
- Advertisement -spot_imgspot_img

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

US Tariff Concerns Push ASEAN to Strengthen Regional Ties

The ASEAN Economic Ministers' Retreat in Johor Bahru Malaysia focuses on economic resilience and digital transformation amid global trade tensions.

Top Seven Corporate Relos to South Asia and Latin America in 2025

A growing number of global corporations—spanning tech, automotive, e-commerce, and luxury sectors—are shifting manufacturing hubs to South Asia and Latin America. This diversification is driven by the need to mitigate supply chain uncertainties against geopolitical trade tensions.
- Advertisement -spot_imgspot_img

You might also likeRELATED
Recommended to you

New Four Seasons Hotel Rabat Promises Wellness All Year Round

Rabat, the capital of Morocco, now hosts a dazzling new destination for luxury wellness travellers - the Four Seasons Hotel Rabat at Kasr Al Bahr.

Iraq Bets on USD 250 Billion Boom to Ignite Economic Growth

Iraq is intensifying efforts to strengthen its economic and investment landscape, spearheaded by the National Investment Commission (NIC) under the leadership of Chairman Haider Muhammad Makiya.

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.