Cities that work: How urban tourism drives jobs
When cities invest in tourism, they invest in jobs, entrepreneurship, and growth. Marrakech is a compelling example. In 2024, the city welcomed nearly 4 million tourists, each
Citi to tie up with Coinbase to boost digital payments for institutional clients
The partnership will initially focus on enabling users to deposit and withdraw traditional currencies. Citigroup and cryptocurrency exchange Coinbase plan to collaborate on digital asset
UAE insurance firm Salama to raise up to $48mln in Mandatory Convertible Sukuk following capital reduction
Shareholders approve capital reduction to offset accumulated losses and cancel treasury shares. The Islamic Arab Insurance Company (Salama), listed on the Dubai Financial Market (DFM),
US bank stocks plunge as investors grow uneasy about mounting risks
U.S. bank stocks, including Zions Bancorporation, Jefferies, and Western Alliance, fell sharply on Thursday as investors grew uneasy about risk in the sector, which has
Egypt: EGX shows positive performance on Thursday
Retail investors represented 74.27% of total trading, while institutions made up 25.72%. The Egyptian Exchange (EGX) ended Thursday’s trading session with a mixed performance. The
Oil recoups some losses after US-China trade tensions
Oil prices rose on Monday after hitting five-month lows in the previous session, as investors focused on potential talks between the presidents of the United
Europe’s dependence on US foreign military sales and what to do about it
Europe’s reliance on US arms raises autonomy concerns, as security worsens and leaders aim to cut strategic and technological dependence. Worries about Europe’s dependence on
$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
Can AI give small scale producers the right advice?
The World Bank has long recognized the critical importance of agricultural extension services – ranging from training and data to technology transfer – which make
How developing countries can measure exposure to the EU’s carbon border adjustment mechanism
In January 2026, the European Union will require importers of certain carbon-intensive goods to pay for their products’ embodied carbon emissions. The policy, known as the
