Economic development
BSTDB President Dr. Serhat Koksal has expressed his bank's readiness to support Azerbaijan in future public-private partnership (PPP) projects. During an exclusive interview with Trend on the sidelines of the Islamic Development Bank Group (IsDB) meeting in Algiers, Koksal highlighted Azerbaijan's investments in becoming a transport
Economic development
Key takeaways from recent global economic news highlight diverse developments and initiatives across various countries and industries. China's private economy has received a boost with the implementation of the Private Sector Promotion Law, while Morocco's Al Massira dam sets a new standard for civil engineering in
Economic development
Research at Prince Sattam bin Abdulaziz University in Saudi Arabia reveals that the integration of Internet of Things (IoT) technology is transforming smart cities worldwide. By leveraging IoT, smart cities can optimize public transportation, refine infrastructure, and enhance resident services. However, security challenges and technological complexities hinder the optimal realization
Economic development
The Economic and Financial Crimes Commission (EFCC) has made a significant achievement in asset recovery, handing over 753 units of houses to the Federal Government. The Minister of Housing and Urban Development, Arc. Ahmed Musa Dangiwa, commended the EFCC's efforts, describing the recovery as unprecedented. The EFCC Chairman,
Economic development
The Ministry of Housing and Urban Development has formally taken possession of 753 housing units in the Abuja estate that was previously owned by ex-Central Bank Governor Godwin Emefiele. The property was confiscated by the Economic and Financial Crimes Commission (EFCC) due to suspected illicit acquisition and handed over to
Economic development
Driven by rapid industrialization, urbanization, and infrastructure developments, the Southeast Asia industrial motors market is projected to reach USD 2.93 billion by 2029, rising at a CAGR of 5.88 percent. Key players in the market are focusing on energy-efficient motors due to increasing environmental regulations and a push
Economic development
The African Development Bank Group has partnered with the Private Infrastructure Development Group to unlock long-term local currency capital for energy, infrastructure, industrialization, housing, and other productive sectors across Africa. The agreement aims to develop de-risking and credit enhancement solutions to tap into Africa's vast pool of domestic
Economic development
The construction aggregates market is witnessing significant growth, driven by increasing infrastructure development projects, urbanization, and government investments in transportation infrastructure. According to a new market research report, the market is projected to reach $784 billion by 2035, growing at a CAGR of 5.4% during the forecast period. The
Economic development
As the Islamic Development Bank (IsDB) Group convened its 2025 Annual Meetings in Algiers, Vice President (Operations) Dr. Rami Ahmed emphasized the critical role of digitally empowering micro, small, and medium-sized enterprises (MSMEs) in member countries. He highlighted the central position of MSMEs in job creation, innovation, and inclusive growth,
Economic development
Canada's largest industrial campus is on track to become North America's largest net-zero industrial campus, with 7 million square feet of space and a focus on sustainability. The campus will be powered by clean energy and feature solar panels, rainwater management systems, and energy-efficient insulation. The
Economic development
Deputy President Prof. Kithure Kindiki embarked on an inspection tour of Meru County's Aggregation and Industrial Park (CAIP) in Ruiri Rwa Reera, Buuri Constituency to review the construction progress and overall readiness of the facility. The tour was part of a larger national plan to boost agro-industrial development
Economic development
The federal government has taken possession of 753 residential duplexes in Abuja previously linked to Godwin Emefiele, the former Central Bank Governor. The Economic and Financial Crimes Commission (EFCC) handed over the sprawling, unfinished housing estate to the Ministry of Housing and Urban Development as part of a major asset
