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Sunday, March 15, 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.
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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

Smart Cities are the Next-Gen Habitats on Earth

Terminus Group CEO Victor AI shares his smart cities ‘SPACE’ vision as ‘urban evolution’ at the 2024 Web Summit in Doha Qatar.

CAIR Action NJ Endorses Green Party Jill Stein for President

The Council on American–Islamic Relations Action New Jersey (CAIR Action NJ) endorses pro-freedom New Jersey congressional candidates, most of them running under the label of the Green Party or other minor political parties.
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Malaysia’s Latest Premier Property Development Promises High Returns

According to King’s Park Genting Highlands Director Megal Khalil, Genting Highlands in Malaysia is rapidly emerging as a prime destination for property investment in 2024.

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.