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A service for banking industry professionals · Thursday, June 19, 2025 · 823,714,062 Articles · 3+ Million Readers
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  • Published on 11:51 GMT

    World Bank: GCC growth to rebound to 4.8% by 2027

    Dubai: The Gulf economies are on track for a solid recovery in growth, with output forecast to rise from 3.2% in 2025 to 4.8% by 2027, according to the World Bank’s latest Global Economic Prospects: MENA Outlook released this month. This acceleration is …

    Source: Gulf News - Gov't Propaganda
  • Published on Jun 18, 2025

    Saudi-European Partnership Launched between SIDF Investment and Investindustrial  

    Saudi Finance Minister Mohammed Al-Jadaan underscored on Tuesday the critical role of economic reforms in securing basic needs for individuals and communities to achieve prosperity and tackle developmental challenges. Speaking at the opening session of the …

    Source: Asharq Al-Awsat - Pro-Government
  • Published on Jun 17, 2025

    Al-Jadaan: Saudi Arabia is working with all to eradicate energy poverty

    Saudi Gazette report VIENNA — Saudi Minister of Finance Mohammed Al-Jadaan said that multilateral development banks must provide concessional financing to accelerate the response to the needs of regions suffering from energy insecurity. During his speech …

    Source: Saudi Gazette - Indeterminate
  • Published on 09:57 GMT

    Why Israel-Iran tensions might not raise prices at the pump as much as feared

    THE CONVERSATION via Reuters — The unexpected attack by Israel on Iran, a major oil-producing nation, may undermine anemic global economic growth and hinder central banks’ ability to cope in an already uncertain market. Iran exports up to 2 million barrels …

    Source: The Times of Israel - Right-wing
  • Published on 07:57 GMT

    BRICS New Development Bank Battling Multipolar Challenges 

    On the sidelines of the St Petersburg International Economic Forum (SPIEF), Russian President Vladimir Putin has held a working discussion with Dilma Rousseff, President of the New Development Bank (NDB) established by BRICS countries. According to …

    Source: The News Chronicle - Neutral
  • Published on 11:12 GMT

    Putin Advocates BRICS Bank Shift to National Currencies

    Russian President Vladimir Putin has called for increased use of national currencies in international settlements during discussions with New Development Bank President Dilma Rousseff at the St. Petersburg International Economic Forum. The meeting focused …

    Source: News Ghana - Indeterminate
  • Published on 09:24 GMT

    Suspending the Indus Waters Treaty: What it Means and Why it Matters

    On April 23, 2025, India announced the suspension of the Indus Waters Treaty (IWT) following an attack that killed more than 20 tourists in Indian-administered Kashmir. While the region’s history of political tensions and conflict has tested the treaty …

    Source: New Security Beat - Washington DC - Pending
  • Published on 02:40 GMT

    Do we need a foreign operator for terminal maintenance?

    The interim government is pressing forward with plans to lease out the New Mooring Container Terminal (NCT), the largest and most profitable terminal at Chattogram port, to the UAE's state-owned DP World, through a government-to-government (G2G) …

    Source: Daily Star - Neutral
  • Published on Jun 18, 2025

    Fed chief Powell's stubborn defiance on interest rates risks an avoidable downturn, says ALEX BRUMMER

    The Federal Reserve’s interest rate hold should come as no surprise.  Chairman Jay Powell is determined to preserve the US central bank’s independence, Trump’s tariffs are a threat to domestic prices and the ramping up of American pressure on Iran is nerve …

    Source: This Is Money - Neutral
  • Published on Jun 14, 2025

    World Bank says Syria arrears cleared; country eligible for new loans

    The World Bank on Friday said it had cleared Syria's $15.5 million in outstanding debt after receiving payments from Saudi Arabia and Qatar, making the country eligible to apply for millions of dollars in grants for reconstruction and budget support. …

    Source: LBCI (Lebanese Broadcasting Corporation International) - Pending
  • Published on Jun 18, 2025

    Why Israel-Iran tensions might not raise prices at the pump as much as feared (for now)

    The unexpected attack by Israel on Iran, a major oil-producing nation, may undermine anaemic global economic growth and hinder central banks’ ability to cope in an already uncertain market. Iran exports up to 2 million barrels of oil and refined petroleum …

    Source: The Conversation - Neutral
  • Published on Jun 15, 2025

    Saudi Arabia, Qatar start financial assistance to Syria

    (MENAFN) Saudi Arabia and Qatar have unveiled a joint initiative to provide financial assistance to Syria’s public sector workers, aiming to support the country’s broader economic recovery, according to official reports. The aid will be distributed over …

    Source: MENAFN - Indeterminate
  • Published on Jun 18, 2025

    Trump–Asim Munir Meeting Signals Possible Strategic Reset In ...

    The meeting between President Donald Trump and Pakistan’s Chief of Army Staff, Asim Munir, scheduled for Wednesday, 18 June 2025, could signal a significant shift in U.S.-Pakistan relations. The precise timing of this engagement—set against a backdrop of …

    Source: Friday Times - Pending
  • Published on Jun 18, 2025

    UAE economic growth likely to hit 5% this year, expert says

    The UAE’s prudent economic policies and diversification efforts are likely to push GDP growth rates to five per cent, an expert said. “The UAE’s ‘connector economy’ role is the main factor to its success, underpinning trade and capital flows into the …

    Source: Khaleej Times - Gov't Propaganda
  • Published on Jun 18, 2025

    Stability in food supply chains, stockpiles sufficient for up to 16 months

    Ammon News - Jordan has managed to maintain stable food supply chains and secure strategic reserves of essential commodities despite mounting regional tensions, according to experts and industry leaders. The Kingdom’s proactive planning, diversified import …

    Source: Ammon News - Indeterminate
  • Published on Jun 18, 2025

    The global economy is teetering

    There was a time when the outbreak of war in the Middle East would send oil prices soaring and threaten a global recession. Back in 1973, when Egypt and Syria launched a coordinated assault on Israel and Saudi Arabia cut oil shipments, the world price of …

    Source: Unherd - Center-right
  • Published on Jun 17, 2025

    Senate body reviews CAREC, Corridor Development Investment Program

    ISLAMABAD, Jun 17 (APP):The Senate Standing Committee on Economic Affairs, on Tuesday convened to review the Central Asia Regional Economic Cooperation (CAREC) Corridor Development Investment Program – Tranche 3. The meeting of Senate Standing Committee on …

    Source: Associated Press of Pakistan - Pending
  • Published on Jun 17, 2025

    Why Trump left G7 Summit: Where and what to know about G7 Summit 2025

    President Donald Trump left the G7 Summit early on Monday, while urging everyone in Tehran to evacuate. Here's where and what to know about the annual summit meeting. The G7 Summit is an international forum held annually for the leaders from the world…

    Source: The North Jersey Record - New Jersey - Neutral
  • Published on Jun 17, 2025

    A Frozen Conflict: The Dilemmas Of Seizing Russia’s Money For Ukraine

    Several countries froze Russian assets after the full-scale invasion of Ukraine, but legal and economic hurdles make it hard to confiscate these funds to support Kyiv. In this Q&A, Crisis Group explains how the money could be leveraged in talks with …

    Source: The Nigerian Voice - Indeterminate

12 days 21:43:49

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  • Published on June 19, 2025 - 11:28 GMT

    China Set to Launch Global Hub for Digital Yuan

    (MENAFN) China is set to launch an international operations center dedicated to the digital yuan, announced this week by the People’s Bank of China (PBoC), in a strategic move to boost the currency’s global reach and cut dependence on leading international …

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  • Published on June 17, 2025 - 14:48 GMT

    World Bank: FDI in Developing Nations Hits Lowest Since 2005

    (MENAFN) World Bank data released on Monday paints a bleak picture for emerging markets, as foreign direct investment (FDI) plunged to just $435 billion in 2023 — marking the weakest inflow since 2005. The decline reflects mounting global trade …

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  • Published on June 17, 2025 - 14:48 GMT

    World Bank Reports Drop of FDI in Developing Markets

    (MENAFN) The World Bank announced on Monday that foreign direct investment (FDI) in developing markets dropped to USD435 billion in 2023—the lowest level observed since 2005. This sharp decrease is attributed to intensifying global restrictions on trade …

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  • Published on June 17, 2025 - 18:13 GMT

    Significant support from World Bank in implementing major projects

    Антић је на скупу "CO2 – могућности прикупљања, коришћења и складиштења" (CCUS) истакао да би у први план требало ставити одговоран однос према животној средини у смислу коришћења фосилних горива и нових технологија које треба да смање емисију уг …

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  • Published on June 16, 2025 - 09:07 GMT

    Bangladesh Secures USD250M World Bank Funding

    (MENAFN) The World Bank’s board of executive directors has greenlit $250 million in funding aimed at elevating public sector efficiency across Bangladesh by enhancing transparency, accountability, and operational effectiveness within pivotal government …

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  • Published on June 18, 2025 - 15:00 GMT

    G7 Leaders Rally Behind Trump’s Peace Bid

    (MENAFN) Ukrainian head of state Volodymyr Zelenskyy reported on Wednesday that the Group of Seven had thrown their support behind US President Donald Trump’s drive for “a just and lasting peace.”  He implored Moscow to mirror Kyiv’s pledge to halt …

    Distribution channels: ...
  • Published on June 18, 2025 - 05:11 GMT

    Chair’s Summary

    CANADA, June 17 - The Leaders of the Group of Seven (G7) gathered in Kananaskis, Alberta, from June 15-17, 2025, with the objective of building stronger economies by making communities safer and the world more secure, promoting energy security and …

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  • Published on June 17, 2025 - 21:51 GMT

    G7 Critical Minerals Action Plan

    CANADA, June 17 - We, the Leaders of the G7, recognize that critical minerals are the building blocks of digital and energy secure economies of the future. We remain committed to transparency, diversification, security, sustainable mining practices, …

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