SANA, Yemen — A crowd apparently spooked by gunfire and an electrical explosion stampeded at an event to distribute financial aid during the Muslim holy month of Ramadan in Yemen’s capital ...
UN report finds Afghanistan violated human rights of involuntary returnees
The United Nations released a report on Thursday indicating that the Taliban authorities in Afghanistan committed human rights violations against Afghan refugees who returned to their home country.
PowerChina wins contract worth around $4 billion Iraq to build water desalination plant, sources say
PowerChina has won a contract worth around a $4 billion to build a large-scale seawater desalination plant in Iraq's southern city of Basra, in partnership with an Iraqi company, officials said on ...
Turkey cuts rates as turmoil over arrest of opposition leader eases
Annual inflation dropped in June by more than expected, to 35 per cent. Although that means Turkey still has one of the highest inflation rates in the world, it has fallen from a peak of 75 per cent ...
Turkey revives monetary easing cycle with 300bp rate cut
By Akin Nazli The monetary policy committee (MPC) of Turkey’s central bank on July 24 cut its main policy rate (one-week repo) by 300bp to 43%. The move was in line with expectations, which foresaw a ...
Ahsan Mansur: Financial sector will never recover under prevailing judicial system
Bangladesh Bank Governor Dr Ahsan H Mansur has expressed grave concerns about the financial sector’s recovery under the current judicial system, as he disclosed plans to revise the Artha Rin Adalat ...
Opportunities for Bangladesh to drive inclusive and sustainable growth by launching Orange Bond and Orange Sukuk
Bangladesh is poised to take a significant step towards inclusive and sustainable economic growth by exploring the launch of Orange Bond and Orange Sukuk, aimed at empowering women, protecting the ...
Bangladesh handles over 8% of global daily mobile money transactions in 2024
As of December 2024, people in Bangladesh held about 238.68 million mobile money accounts, making up 11.36% of the global total.
Pakistan government secured $26.7B in loans in last fiscal year: Report
The $26.7 billion disbursed during the fiscal year 2024-25 was slightly higher than the preceding fiscal year, the report said citing data compiled by the Ministry of Economic Affairs, the State Bank ...
Somalia State Probing Turkey-Linked Cargo Seized Off Its Coast
Somalia’s semi-autonomous Puntland region acknowledged it’s holding a vessel full of military equipment until it can work out who the cargo belongs to.