After completing a World Bank program, the African Development Bank Group announced an additional cancellation of the country’s financial obligations and a grant of USD 19.7 million to help improve living conditions for internally displaced persons.
Browsing: finance
Panel held at the GHB Forum discusses Islamic finance and how it meets current needs.
The Central Bank will implement a series of measures to provide safe and low-cost financial services in the country. There is an initiative focused on financially excluded groups.
The Arab country hosted a discussion among representatives of the fintech industry, regulators, and sector professionals about skill development for working in the field. Bahrain aims to strengthen its position as a reference in digital financial products.
Brazil’s Finance Minister Fernando Haddad spoke with Qatar’s Finance Minister Ali bin Ahmed Al Kuwari about ways to strengthen cooperation between the two countries. They met on Sunday (16) in Saudi Arabia during an IMF conference.
Arab country grossed OMF 6.2 billion in revenue in the second quarter of 2024, most of which, i.e., OMR 3.4 billion, coming from the oil sector.
Mariam Al-Aqeel is the first woman in the position ever in the region. She’s also chair of the Kuwait Investment Authority (KIA).
The country’s fiscal deficit grew significantly narrower year-on-year in the first half, to USD 1.5 billion.
The 2019 economic growth forecast from Brazil’s Ministry of Economy narrowed from 1.6% to 0.8%.

