Economic development
RDB Bank, the country's leading State-owned development bank, has launched a comprehensive program to empower the national economy by creating 15,000 entrepreneurs at the Grama Niladhari divisional level. As part of this initiative, a program was held in the Northern Province on May 15-16, aiming to mobilize
Economic development
The Midlands State University's Industrial Park has evolved into a dynamic innovation hub, driving research, entrepreneurship, and industrial growth by producing goods and services that stimulate economic activity. By creating employment opportunities and delivering beneficial products, the park has made a tangible impact on the economy. The park&
Economic development
Sidi Ould Tah's election as the President of the African Development Bank marks a significant milestone in the institution's history, with the Mauritanian economist bringing a unique set of skills and experiences to the role. His decade-long tenure as President of the Arab Bank for Economic
Economic development
A recent study has shed light on the crucial role of urban resilience in combating climate change, particularly in the context of smart cities in developing and developed countries. The research, conducted by a team from the Federal University of Santa Maria in Brazil, analyzed the literature on climate change,
Economic development
The listing of the Eagle Real Estate Investment Trust (REIT) on the Victoria Falls Stock Exchange (VFEX) marks a significant milestone in Zimbabwe's economic transformation. The REIT, which officially listed on May 16, is the first of its kind on the VFEX and demonstrates the nation's
Economic development
The Suez 1.1 GW Wind Power Plant Project, part of Egypt's NWFE program, has received two regional awards for Best Infrastructure Deal and Best Energy Deal within the framework of a platform launched by Hassan Allam Utilities, in cooperation with the French company Meridiam and the EBRD.
Economic development
The Permanent Committee for Combating Harmful Practices in International Trade has accepted and commenced investigations into an anti-dumping complaint concerning imports of sanitary wares from China and India. This decision is part of efforts to address concerns over unfair trade practices affecting the Gulf Cooperation Council (GCC) market. The GCC
Economic development
Dr. Akinwumi Adesina's departure as the president of the African Development Bank (AfDB) has marked a significant turn in the institution's history. Congratulatory messages from former President Muhammadu Buhari and President Bola Tinubu reflect the excitement and optimism surrounding the election of Dr. Sidi Ould Tah
Economic development
President Bola Tinubu has congratulated President Mohamed Ould Cheikh El Ghazouani of Mauritania on the election of Dr Sidi Ould Tah as the ninth President of the African Development Bank (AfDB) Group. Dr Tah, a former Mauritanian Finance Minister and Director General of the Arab Bank for Economic Development in
Economic development
Nigeria's Akinwumi Adesina is leaving the African Development Bank (AfDB) after a nearly decade-long tenure, sparking a highly competitive race among five candidates from across the continent. The new president will have to balance regional interests, navigate debt and growth challenges, and lead the AfDB's efforts
Economic development
The Export Development Bank of Egypt, a prominent institution listed on the Main Market of the Egyptian Exchange (EGX), has showcased a dynamic performance in the financial sector. With a par value of EGP 10.00 and a total of 989.67 million shares, the bank's paid capital
Economic development
Egypt and Sweden reaffirmed their commitment to strengthening bilateral cooperation in the industrial and transport sectors, particularly in enhancing road safety and localizing the manufacturing of electric buses. Deputy Prime Minister for Industrial Development and Minister of Industry and Transport, Kamel Al-Wazir, met with Johan Forssell, Swedish Minister for International
