World Bank chief Ajay Banga unveils new plans to boost lending ‘firepower’
World Bank chief Ajay Banga noted that a capital increase will be required to implement these measures
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MENA Watch: Yemen economy faces bleak future
Although oil and gas reserves are Yemen's main source of income, they are also the main reason for regional and global strife
Surprise growth helps Singapore avoid recession
Selena Ling, chief economist at Singapore's OCBC Bank, wrote in a note that Singapore's domestic manufacturing slump might last at least into the third quarter
FINMA blocks Saudi National Bank’s attempt to increase Credit Suisse stake
Through the transaction, Saudi National Bank was able to reduce its share in Credit Suisse to just 0.5% of UBS
Egypt overtakes Nigeria in start-up capital
The data released stated that the entrepreneurs in the North African nation raised USD 540 million between June 2022 and July 2023, surpassing Nigeria, the
Saudi Vision 2030: Ambitious projects transforming Kingdom
The King Salman Energy Park is a strategically positioned, fully integrated industrial environment in Saudi Arabia's Eastern Province
Dr. Azad Moopen’s Aster DM Healthcare in talks to sell stake to private equity firms
The report comes after Aster DM Healthcare announced that it was in conversations over the separation of its GCC company and its India business with
Go Green with GBO: Nations under pressure to reduce shipping emissions
Approximately 2% of the world's greenhouse gas emissions are attributed to shipping, which is seen as being ineffective in the fight against climate change
Will artificial intelligence replace jobs or help employees in UAE?
Around 42% of workers in the UAE say artificial intelligence would create opportunities for them to acquire valuable skills
Organizations unprepared for dark web threats: Study
Ransomware developers demand payment for the decryption key and keep the data off the dark web