Gulf central banks cut key interest rates following Fed move
The Fed cut its rate by a quarter of a percentage point, in a move that won support from most of President Donald Trump’s central
$488.6mln battery project to help Oman achieve green energy goals
The investment will be implemented in phases over four to six years. The first phase alone is valued over OMR73 million. With a project investment
Europe’s old power plants to get digital makeover driven by AI boom
Some of Europe’s ageing coal and gas fired power plants can look forward to a more high-tech future as big tech players, such as Microsoft
Europe must not waste its currency moment
Escalating geopolitical tensions, trade wars, and volatile policy shifts are reshaping the rules of global commerce and finance and bringing the dominance of the US
Reconciling the European Union’s clean industrialisation goals with those of the Global South
Importing energy-intensive goods would be more efficient for EU clean industry goals than importing clean energy itself. Clean industrialisation is a political and economic priority
Regulation and growth: Lessons from nearly 50 years of product market reforms
Product market regulation reforms directly affect firm entry, innovation and reallocation, and thus productivity and economic growth. This column leverages the 2025 update of the
Powering the energy future of Europe and Central Asia
The prosperity and economic transformation of Europe and Central Asia (ECA) hinge on making energy reliable and affordable for all. Across the region, many countries
Three barriers to municipal finance—and how to overcome them to create jobs and growth
Cities in low- and middle-income countries are growing fast—but their ability to finance the infrastructure and services needed to support people and jobs is lagging behind. The
Oil prices climb 2% to two-week high on US-China tariff reductions
Oil prices climbed about 2% to a two-week high on Monday after the U.S. and China agreed to temporarily slash tariffs, raising hopes of an
Amazon to spend $4bln on cloud infrastructure in Chile
Amazon’s cloud computing division will invest $4 billion to build its first data centers and other cloud infrastructure in Chile, the company’s head of South
