India is set to become the world's fourth-largest economy by 2025, a year earlier than previously projected, NIKKEI Asia reported on Sunday, citing a revised estimate from the International Monetary Fund (IMF).
This means India, with an estimated (...)
The Asian Development Bank (ADB) and the Bangladesh government has inked a loan agreement worth $71 million to bolster flood control, irrigation, and water resource management in the rural areas of Gopalganj and Madaripur districts. This initiative (...)
Bangladesh's Minister for Environment, Saber Hossain Chowdhury, expressed the country's anticipation for enhanced co-operation with the Asian Development Bank (ADB) to strengthen its climate initiatives, Xinhua reported on Monday.
In a meeting with (...)
Chinese enterprises pioneered the first centralised wind power project in Bangladesh, which was fully put into operation on Sunday, marking a significant milestone in the country's renewable energy sector, according to Xinhua.
The Cox's Bazar wind (...)
Al Ansari Exchange, a leading provider of transfer and foreign currency exchange services in the UAE and part of the Al-Ansari Financial Services Group, has reported a significant increase in money transfers to Egypt following the liberalisation of (...)
Daraz Group, an Alibaba-owned e-commerce platform, has announced layoffs across the group in an effort to establish a more efficient and flexible structure, according to an internal memo reviewed by Reuters on Tuesday.
However, the memo did not (...)
The Software Engineering Competence Center (SECC) of the Information Technology Industry Development Agency (ITIDA) held a roundtable discussion at CREATIVA Innovation Hub in Sultan Hussein Kamel Palace in Cairo, one of Egypt's historic (...)
Sullex", Is establishing the first integrated city for logistics, chilled & frozen food industrial services in Egypt with an investment exceeding 150 million dollars, on an area of 510,000 square meters in Giza Governorate.
"Sullex" Company has (...)
QatarEnergy and U.S. Excelerate Energy signed a 15-year Liquefied natural gas (LNG) supply agreement of 1 million metric tonnes per year (mtpa) to Bangladesh, starting Jan 2026, Reuters reported on Monday.
State-owned QatarEnergy has entered into (...)
Summit Group of Bangladesh has inked a preliminary agreement to provide state-owned Petrobangla with 1.5 million metric tonnes of liquefied natural gas (LNG) annually for 15 years, beginning in October 2026, Aziz Khan, the company's chairman told (...)
High-level climate champion Mahmoud Mohieldin took center stage at COP28 in Dubai, urging for a swift and equitable scaling-up of climate finance in Africa.
Moderating the session "Africa's Sustainable Future: Mobilizing Climate Finance at Scale," (...)
Henry Kissinger was the former US secretary of state and national security advisor in the time of Richard Nixon and Gerald Ford between 1969 and 1977.
With his death on Wednesday, America is mourning one of its so-called superheroes.
However, (...)
The United Nations reported on Monday that children in South Asia are struggling more than the rest of the world due to extreme water scarcity, which is exacerbated by climate change.
According to the UN children's agency, 347 million children under (...)
The Central Agency for Public Mobilization and Statistics (CAPMAS) released its annual report on Tuesday, revealing the trade exchange between Egypt and 11 countries in East and South Asia during 2022. The report covers China, Malaysia, India, (...)
EFG Hermes, the leading investment bank franchise in Frontier and Emerging Markets (FEM), announced today that its investment banking division's DCM team has successfully concluded advisory on the second issuance for mortgage finance company Qasatli (...)
The "Earthwish" team, representing Zewail City University for Science and Technology, has won third place in the Regional Finals of Shell's "Imagine the Future" competition held on 10 July at Intercontinental City Stars Hotel in Cairo, competing (...)
Extreme weather events turbo-charged by man-made global warming have caused over two million deaths and $4.3 trillion in economic losses over the past 50 years, according to the World Meteorological Organization (WMO).
Between 1970 and 2021, close (...)
Abu Dhabi Ports Group (AD Ports Group) has acquired three crude oil cargo vessels at $135.07 million and five additional bulk cargo vessels for $125 million, in an effort to expand its maritime fleet, according to a statement issued on Monday.
"This (...)
Egypt has officially become a member of BRICS' New Development Bank (NDB) which includes India, Brazil, Russia, China, and South Africa as member countries.
The NDB k is a multilateral development bank aimed at mobilising resources for (...)
شهدت عدد من الدول خلال الساعات ال24 الماضية، 5 أحداث تنوعت ما بين سياسية وأمنية وصحية كان من أهمها إعلان الحكومة الكولومبية، انتهاء الهدنة مع عصابة «عشيرة الخليج» المتمردة
وأعلن رئيس كولومبيا جوستافو بيترو انتهاء الهدنة، مع كلان ديل جولفو أو «عشيرة (...)
Rania Al-Mashat, Minister of International Cooperation, participated in two high-level panel discussions on "Structural Transformation as a Driver of Prosperity in LDCs", and "Investment in R&D in LDCs for Smart and Innovative Societies", at the 5th (...)
World Bank (WB) said on Tuesday that Russia is consulting with its allies about challenging the U.S. nominee to head the World Bank, which could complicate what was believed to be a smooth process of succession.
WB puts all programs in Russia and (...)
The 4th edition of the Startups Without Borders summit will take place on the 10th and 11th of February at Cairo Business Park, East Cairo's Business, Innovation and Entrepreneurship hub.
Since 2018, Startups Without Borders has been building (...)
"There is a race against time now for adapting to the climate crisis, and those with better resources will adapt faster, whereas, for others, it will be delayed. In every country, the vulnerable will be the first to go down, and we are here to serve (...)
Commonwealth Secretary-General Patricia Scotland warned that disaster is on the horizon and that 115 people are dying every day as a result of climate change.
"If we don't take action, we don't have a planet worth living for," Scotland asserted in a (...)