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Economy

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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.
Economy

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.
Economy

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.
Economy

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.
Economy

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.
Economy

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.
Economy

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.
Economy

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.
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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.

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Business

Nigeria’s 500M Clean Energy and SME Deal Fest at AFNIS 2025

Leaders and high-stakes investors met homegrown innovation that focused on growth through domestic ownership at the AFNIS 2025 Summit in Abuja Nigeria this month.
Economy

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.
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Tech

China’s 5G Milestone Flex

China flexes its technological prowess by surpassing a significant milestone in the realm of 5G technology.
Cultural

Uganda Commits to Progress on Inclusivity

The Embassy of the Netherlands and UN Women co-hosted a dynamic breakfast meeting at the Residence of the Ambassador of the Netherlands to Uganda in late 2024.
Cultural

Wonders of Imperial Carpets Wows at Hong Kong Palace Museum

Hong Kong’s first major Islamic art exhibition 'Wonders of Imperial Carpets', exhibits rare treasures, many seen outside of Qatar for the first time.

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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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