business

IMF establishes new regional office in Saudi Arabia, hosts joint conference on industrial policy for diversification

The IMF aims to boost its involvement with regional institutions, governments, and stakeholders by setting up this office

Samsung and Google to team up for next-level AI

Samsung seeks to integrate Google's second-gen Gemini Nano AI into Galaxy S25 smartphones

Egypt to cut interest rates by 2 percent in May; inflation to decrease to 20 percent by end of 2024: Report

The CBE's Monetary Policy Committee is scheduled to meet on May 23 to review the key interest rates

Brazil introduces measures to support small businesses, low-income families, and real estate market

The "Acredita" program helps provide microcredit to CadUnico registrants, enabling access to social programs like Bolsa Familia

UAE and Ecuador initiate negotiations for CEPA to boost trade, investment

In 2023, non-oil bilateral trade between the UAE and Ecuador reached $675 million

Qatar, Bangladesh sign MoUs to foster cooperation in investment, education, sports, taxation, and legal fields

Qatar's Amir Sheikh Tamim bin Hamad Al-Thani visited Bangladesh lately and met with President Mohammed Shahabuddin

World Bank partners with Saudi Arabia to establish knowledge center for economic reforms

Boosting global economic reforms and enhancing regional and global competitiveness

World Bank secures $11 billion backing for new financial instruments to boost lending capacity

WBG's leveraging capability enables 6-8x multiplication of hybrid capital and guarantee platform funds over 10 years

Egypt’s SCZONE attracts 128 projects worth over $3 billion, Chinese firms contribute 40 percent

SCZONE inked 14 agreements with major Chinese companies to boost investment

Visa’s CEMEA President Andrew Torre on getting ready for the next wave of digital disruption

Businesses need to be agile, adapt their strategies and invest in digital infrastructure

ADGM’s Emmanuel Givanakis: Robust regulatory frameworks, key to success of the UAE’s financial landscape

With ADGM’s FSRA as a premier advocate, the Emirate is assured a progressive financial service environment