Economic development
The Islamic Development Bank (IsDB) has successfully raised USD 1.2 billion through a 5-year benchmark Sukuk issuance under its USD 25 billion Trust Certificate Issuance Programme. This achievement marks the Bank's second USD benchmark issuance in 2025, following a record-setting 2024 during which IsDB completed three public
Economic development
The railways in Kenya have left a trail of both development and conflict. The British-built Meter-Gauge Uganda Railway, also known as the 'Lunatic Express', was a symbol of modernization but also fueled colonial expansion and the rise of a hedonistic culture of politics. The railway's legacy
Economic development
Prime Minister Shehbaz Sharif has directed authorities to finalize the National Industrial Policy at the earliest, aiming to enhance industrial productivity and tackle the ongoing challenges faced by the manufacturing sector. This move comes in light of the sector's stagnation, largely due to inconsistent government policies and inefficient
Economic development
The government of Pakistan, under the leadership of Prime Minister Shehbaz Sharif, is making significant efforts to uplift the province of Balochistan. As part of this initiative, four new Danish Schools worth Rs 16 billion are being established specifically for underprivileged children. The schools will offer high-quality education comparable to
Economic development
Vidhi Specialty Food Ingredients, a company engaged in the business of manufacturing and trading specialty food ingredients, has received possession advice for an industrial plot in Gujarat. The plot, measuring 16,834.00 sq. meters, has been allotted to the company on a leasehold basis under the "Out of
Economic development
YEIDA's stern warning to Apparel Park allottees in Sector 29 follows a disappointing inspection by Uttar Pradesh principal secretary (Industrial Development) Alok Kumar, who expressed dissatisfaction over the lack of completed factories at the site. Spread across 175 acres near the upcoming Noida International Airport, the Apparel Park
Economic development
The Nigerian federal government has launched the Revenue Optimisation and Assurance Project (REV-OP) to address revenue leakages, enhance transparency, and drive economic development. The project, unveiled by Minister of Finance and Coordinating Minister of the Economy Mr. Wale Edun, aims to strengthen Nigeria's public financial management and revenue
Economic development
As the City of Hoboken's economic development entity, tourism bureau, and small business support office, the Hoboken Business Alliance (HBA) has played a pivotal role in rebuilding the local economy after the devastating impact of the COVID-19 pandemic. Founded in 2020, the HBA has been instrumental in creating
Economic development
During a special programme held at Bhubaneswar, Prime Minister Narendra Modi laid the foundation stone, inaugurated, and dedicated to the Nation several vital railway projects worth over Rs 2,750 crores. Apart from this, he also flagged off new trains from Boudh and Purunakatak through video conferencing. The projects aim
Economic development
Four major initiatives worth over EUR105 million were launched in Abuja, Nigeria, aimed at strengthening trade competitiveness and market access, improving peace and security, and institutional capacity in the ECOWAS region. The initiatives, co-funded by the EU, Germany, and Spain, are part of a high-level event at the ECOWAS Headquarters,
Economic development
The Saudi Industrial Development Company's (SIDC) subsidiary, Emmdad Logistic Services Company, has secured a significant Islamic Sharia-compliant financing agreement with the Social Development Bank. This strategic move aims to bolster Emmdad Logistic Services Company's capital expansions, marking a significant step towards its growth and development. The
Economic development
A decade-long struggle to access clean drinking water has finally come to an end for over 300,000 residents of Libreville, as the African Development Bank Group inaugurates a new drinking water pumping station in PK5, a densely populated district of the capital. The new facility, with a daily capacity
