Economic development
The 16th International Economic Forum, which is underway in Kazan, Russia, has highlighted the substantial progress in bilateral relations between Russia and the United Arab Emirates (UAE). According to Pavel Kalmychek, Director of Development of Bilateral Cooperation Department at the Russian Ministry of Economic Development, the volume of mutual investments
Economic development
The Public Service Pension Fund (PSPF) has seen its value surge to approximately US$600 million, a significant increase from its initial ZWD70,2 million seed capital in 2018. The fund's Chief Investment Officer, Dr Farai Gaba, attributes this growth to a diversified investment portfolio and robust measures
Economic development
A new report on sustainability research, supported by Universitat Politecnica De Valencia, has emphasized the significance of stakeholder engagement in the development of smart cities. According to the research, the multidimensional nature of the smart city concept requires identifying key urban stakeholders and ensuring their engagement. However, current proposals for
Economic development
The global flooring market is expected to experience significant growth due to rising construction activities, increasing industrialization, and urbanization. The market size is estimated to reach USD 534.6 billion by 2030, registering a CAGR of 6.8% from 2025 to 2030. The growth can be attributed to the increasing
Economic development
The Lao People's Democratic Republic (Lao PDR) has officially launched the Domestic Resource Mobilization Modernization (DRMM) Project, in partnership with the Asian Development Bank (ADB), with the aim of improving the efficiency, transparency, and effectiveness of domestic revenue collection. The project is backed by a USD 25 million
Economic development
The African Development Bank has funded the second Tech Park in Mindelo, Cabo Verde, as part of the TechPark CV project. The facility aims to establish Cabo Verde as a digital hub connecting Africa with global markets. The ceremony took place on May 6, with representatives from the government, industry,
Economic development
A new flyover, estimated to cost around Rs 18.36 crore, is under construction to reduce traffic congestion in areas of Greater Noida's Kasna industrial area, Pari Chowk, and nearby industrial hubs. The three-lane flyover, constructed between UPSIDA Industrial Site 5 and Savitribai Phule Girls Inter College, is
Economic development
Bihar Road Construction Minister Nitin Nabin has directed the urban development and housing department, Bihar Urban Infrastructure Development Corporation Limited (Buidco), and other agencies to repair damaged roads in Patna. The deadline for repairs is set for June 5, with a target to complete the work by May 30. The
Economic development
President Yoweri Museveni has commissioned road infrastructure projects worth Shs53 billion in Kasese Municipality, completed under the Uganda Support to Municipal Infrastructure Development (USMID) programme. The president emphasized the importance of prioritizing development, starting with security, followed by infrastructure, and then services like education and electricity. The newly upgraded roads
Economic development
The United Nations Industrial Development Organization (UNIDO), in partnership with the Government of Sierra Leone and the Government of Japan, has inaugurated a Centre of Excellence for Automotive Training at the Freetown Polytechnic's Kissy Campus. This initiative, themed 'Promoting Youth Employment through Automotive Maintenance Skills Training,'
Economic development
Saudi Arabia's Chairman of the Islamic Development Bank (IsDB) Group, Dr. Muhammad Al Jasser, emphasized the country's economic renaissance at the Saudi-US Investment Forum, highlighting its progress in export diversification, tourism development, and women's workforce participation. He called for stronger global cooperation to enhance
Economic development
The African Development Bank has launched its 2025-2030 Country Strategy for Sierra Leone, building on the success of its previous strategy. The new strategy aims to accelerate sustainable growth, job creation, and private sector development through agro-industrial development and improved infrastructure. Despite challenges posed by the COVID-19 pandemic, the Bank&
