World Bank President Ajay Banga arrives for his first day of work at World Bank headquarters in Washington. Reuters
The International Monetary Fund (IMF), will raise its forecast for global economic growth in 2021 and 2022 after last year’s 3.5% contraction, but financial conditions remain highly uncertain, IMF Managing Director Kristalina Georgieva said on Tuesday.
India’s first sovereign ‘green bonds,’ had a well-received $1 billion issue. The issue has been promoted by authorities to the country’s largest domestic asset managers, including state-run insurers and pension funds, as well as foreign investors, said a report by Money Control. The bonds will be allowed to count toward insurers’ required
Indian Prime Minister Narendra Modi added his voice on Friday to calls for reforms of global lenders such as the World Bank, as G20 finance ministers and central bank heads met.
Featuring a rich exhibition programme that covers energy-related technology, innovation, collaboration, and digitalisation, ADIPEC 2023 is expected to attract over 160,000 attendees from 164 countries for its biggest edition ever.
IBMC, the UAE-based financial services consultancy and eMarket Place Trade Flow Service Providers, has launched an innovative Integrated International Trade-Flow System,
The UAE’s aviation sector registered a record growth in terms of air traffic and passenger numbers through the country’s airports.