PARIS – Multilateral development banks are expected to unlock $200 billion in extra firepower for emerging economies by running their balance sheets more tightly and […]
Category: INTERNATIONAL
INTERNATIONAL
Bahrain’s Mumtalakat extends McLaren group stake
Bahrain’s state investment fund Mumtalakat said on Thursday it has bought the senior preference shareholder stakes in McLaren Group, as part of a proposed broader […]
Turkey expects Gulf investments after top-level UAE visit -sources
ANKARA – Turkey expects the United Arab Emirates (UAE) and Saudi Arabia to invest in its energy and defence sectors after negotiations in Abu Dhabi […]
Brexit an ‘economic disaster’ for UK and German trade – DIHK
BERLIN – Brexit has been an “economic disaster” for trade and investment ties between the United Kingdom and Germany, leading to a fall in German […]
IMF working on global central bank digital currency platform
RABAT – The International Monetary Fund (IMF) is working on a platform for central bank digital currencies (CDBCs) to enable transactions between countries, IMF Managing […]
Morocco’s OCP plans $7 billion green ammonia plant to avert supply problems
RABAT – Morocco’s OCP plans to invest $7 billion in an ammonia plant using green hydrogen, produced from renewable fuel, it told Reuters, as one of […]
Auto firms race to secure non-Chinese graphite for EVs as shortages loom
LONDON – Automakers, including Tesla and Mercedes, are rushing to lock in graphite supply from outside dominant producer China, as demand for electric vehicle (EV) […]
Paris 2024 Olympics headquarters being searched by police
PARIS – The headquarters of the Paris 2024 Olympics organising committee were being searched by police, organisers said on Tuesday. “A search is currently under […]
SoftBank’s Son says he is ‘heavy user’ of ChatGPT
TOKYO – SoftBank Group Chief Executive Masayoshi Son said on Tuesday he is a “heavy user” of ChatGPT, the artificial intelligence-powered chatbot from Microsoft backed startup OpenAI. […]
Nigeria, Morocco, Cote D’ivoire, Liberia, Benin, Guinea Sign Mous On Nigeria-Morocco Gas Pipeline Project
Abuja, Nigeria, June 16th, 2023. West Africa marked another important milestone in energy sustainability, at the headquarters of the Economic Community of West African States […]