The Board of Directors of the Jordan Europe Business Association (JEBA) on Thursday held a meeting with Director-General for the Middle East, North Africa and the Gulf at the European External Action Service (EEAS) Stefano Sannino to explore ways to strengthen the strategic partnership between Jordan and the European Union. The discussions centred on expanding […]
Europe’s imports of liquefied natural gas (LNG) are set to increase by a quarter this year, as the continent needs to offset lower pipeline gas supplies amid a weather-driven rise in demand, the International Energy Agency (IEA) said on Friday. “Over the whole of 2025, European LNG imports are expected to increase by 25%, or […]
The European Bank for Reconstruction and Development on Thursday launched a programme worth 377 million euros ($417 million) to help small and medium-sized enterprises develop new technologies in the Western Balkans. The programme, developed with the support of the European Union, will combine loans, grants and technical assistance for investments in digitalisation, automation and green […]
Wednesday’s jaw-dropping stock-market rally on President Donald Trump’s surprising tariff reversal is one for the history books. The S&P 500 skyrocketed 9.52% in a kneejerk reaction to Trump’s announcement to put a 90-day pause on some of the lofty ‘reciprocal’ tariffs. The one-day gain ranks as the third biggest since World War II for the main stock market benchmark, according to […]
Indian Railways has developed a new Public-Private Partnership (PPP) policy that identifies approximately 50 projects for implementation under this framework. The Union cabinet is expected to consider this new policy shortly, which aims to replace the existing PPP policy from 2012. Objectives of the New Policy Minimize revenue risk for railways. Incorporate measures to reduce litigation and encourage arbitration for quicker dispute resolution. […]
The African Export-Import Bank (Afreximbank) has successfully raised $299.90 million (2.2 billion renminbi) through its inaugural issuance of a Chinese Panda bond, marking a significant milestone in the institution’s efforts to diversify funding sources. This Panda bond, which carries an interest rate of 2.99%, represents the first issuance by an African multilateral financial institution and […]
Mexico’s annual inflation sped up in March but remained within the central bank’s target range, data released on Wednesday showed, giving credit to expectations that the monetary authority will further trim its benchmark interest rate by half a percentage point. Consumer prices in Latin America’s second-largest economy were up 3.80% in the 12 months through […]
Amazon.com is considering a $15 billion warehouse expansion plan for about 80 new logistics facilities in U.S. cities and rural areas, Bloomberg News reported on Wednesday, citing people familiar with the matter. The company is asking potential capital partners to submit proposals, according to the report, which said the facilities are expected to be mostly […]
Saudi Arabia has launched the fourth round of its Sah savings product for 2025, offering a 4.88 percent return for April under the Ijarah sukuk structure. Issued by the Ministry of Finance and managed by the National Debt Management Center, Sah is the Kingdom’s first savings bond designed for individuals. It operates under the Ijarah […]
The world’s 3,028 billionaires are spread across more than 800 cities around the globe, from Feldmeilen, Switzerland to Ezulwini, a small town in the western part of Eswatini–better known by its former name, Swaziland, in southern Africa. Yet nearly a quarter of them, worth a combined $3.3 trillion, have chosen to make their primary residence […]