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IMF concludes visit discussing Djibouti's economy amidst regional disruptions

An International Monetary Fund (IMF) team, led by Esther Pérez Ruiz, recently concluded a visit to Djibouti.


Siemens sets higher goals for smart infrastructure growth

Siemens Smart Infrastructure (SI) has surpassed its previous mid-term targets, achieving an 11% compound annual growth rate for revenue from fiscal 2020 to 2024.


FSB seeks members for taskforce on cross-border payment regulations

The Financial Stability Board (FSB) is calling for stakeholders in the cross-border payments market to join its Taskforce on Legal, Regulatory and Supervisory (LRS) matters.


Tanzania faces economic impact from unchecked climate change

Tanzania's ambition to become a middle-income country by 2050 faces significant challenges due to climate change, as outlined in the recent Country Climate and Development Report (CCDR) by the World Bank Group.


Targeted programs help Tunisian graduates find quality jobs

Finding employment after university graduation can be challenging for many young people in Tunisia.


Siemens partners with SuperTrak to enhance smart conveyance solutions

Siemens and SuperTrak CONVEYANCE™ have announced a collaboration aimed at enhancing smart conveyance solutions.


Programme on subsidies notifications for government officials completes first phase

The first phase of a program designed to improve government officials' compliance with subsidy notification obligations under the World Trade Organization's (WTO) Agreement on Subsidies and Countervailing Measures has concluded.


World Bank urges Tanzania to integrate climate action into development plans

The World Bank Group has released a new Country Climate and Development Report (CCDR) for Tanzania, highlighting the urgent need for climate action to mitigate potential economic setbacks.


Siemens celebrates two decades with Oracle Red Bull Racing in F1

Siemens Digital Industries Software is marking two decades of collaboration with Oracle Red Bull Racing, a significant technical partnership in the Formula 1 landscape.


German SMEs struggle with sustainability data amid changing banking expectations

Many small and medium-sized enterprises (SMEs) in Germany are not well-prepared to meet the potential future demands of banks and savings banks for sustainability indicators during loan negotiations.


World Bank: Poorest nations face decisive decades ahead

The World Bank has released a new analysis indicating that the next 25 years will be crucial for the world's 26 poorest countries in their quest to achieve middle-income status.


IMF reviews Tajikistan's economic progress under Policy Coordination Instrument

The International Monetary Fund (IMF) Executive Board has completed the first review under the Policy Coordination Instrument (PCI) for Tajikistan.


Empowering local governments seen as key to boosting human capital in Philippines

The World Bank has highlighted the importance of empowering local government units (LGUs) in the Philippines to enhance human capital through health, nutrition, and early childhood interventions.


Water management report urges action for Europe & Central Asia's future security

Water plays a vital role in the economic development of Europe and Central Asia, contributing significantly to electricity production, agriculture, and various industries.


Dairy farming transforms lives through integrated productivity improvement project

A day in the life of Zamira Makeyeva begins early with milking cows and tending to calves.


World Bank urges urgent investment in water security across Europe and Central Asia

Developing economies in Europe and Central Asia are urged to prioritize water security investments to address climate change, dwindling resources, and rising demand.


FSB releases final recommendations on cross-border payment regulations

The Financial Stability Board (FSB) has released its finalized recommendations aimed at improving data frameworks related to cross-border payments and ensuring consistent regulation and supervision of payment service providers.


World Bank approves $40 million aid for Bhutan's climate resilience efforts

The World Bank's Board of Executive Directors has approved $40 million in financing to assist Bhutan in enhancing its capacity to manage climate change and natural disaster risks.


World Bank supports Egypt's ambitious targets for private sector-led economic growth

Egypt's private sector plays a crucial role in the nation's economic growth amid evolving global and domestic conditions.


New INSEAD book explores AI's impact on business strategies and innovation

In a new book, "Event Horizon Strategy: Enhance Careers, Create Business Value, and Avoid Industry Disruption with Generative AI," INSEAD Professor Jason Davis explores the complexities of artificial intelligence and its impact on global businesses.