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News from 2024


WTO concludes eighth cohort of Young Professionals Programme

The World Trade Organization (WTO) recently held a farewell ceremony for its Young Professionals Programme participants.


Global organizations emphasize collaborative efforts against non-communicable diseases

The World Health Organization (WHO), the World Intellectual Property Organization (WIPO), and the World Trade Organization (WTO) recently held a symposium focusing on manufacturing for non-communicable diseases (NCDs).


UOB appoints new group chief financial officer effective April 2025

UOB has announced the appointment of Mr. Leong Yung Chee as its new Group Chief Financial Officer (CFO), effective from April 22, 2025. Mr. Leong, currently serving as Head of Group Corporate Banking, will take over from Mr. Lee Wai Fai, who is...


Morgan Stanley sells stake in Höegh Evi; Igneo takes over

Morgan Stanley Investment Management has announced an agreement to sell its 50% ownership stake in Larus Holding Limited, the sole owner of Höegh Evi Ltd., to funds managed by Igneo Infrastructure Partners.


World Bank advises fiscal discipline for North Macedonia amid rising debt concerns

North Macedonia is facing a challenge with its growing debt, according to a new report by the World Bank Group.


BMO's treasury solutions earn four major awards highlighting digital innovation

BMO's Treasury & Payment Solutions division has been recognized with several industry awards in 2024, showcasing its commitment to digital innovation and customer experience.


World Bank approves $100 million aid to boost sustainable growth in Nepal

The World Bank's Board of Executive Directors has approved a $100 million development policy operation (DPO) to aid Nepal in advancing its efforts towards green, resilient, and inclusive development.


Women from ING share tech journeys

In the ongoing series "Women in Tech: The trailblazers," five women from various regions within the ING world share their stories and experiences in the technology sector.


Blinken discusses Syria and Gaza with Jordan's King Abdullah II

Secretary of State Antony J. Blinken met with King Abdullah II of Jordan in Aqaba to discuss the ongoing situation in Syria.


World Bank funds $325M project to boost agriculture in Uttar Pradesh

The World Bank has approved a new project in Uttar Pradesh, India, aimed at increasing farmers' incomes through improved crop productivity, digital technology adoption, climate-resilient practices, and stronger market linkages.


WTO faces negotiation challenges; calls made for new approaches

The World Trade Organization (WTO) is facing significant challenges in its ongoing negotiations, as highlighted by Director-General Ngozi Okonjo-Iweala.


Siemens introduces first hydrogen-powered passenger train service

Siemens Mobility has announced the introduction of its Mireo Plus H hydrogen trains into passenger service.


IMF reviews Jordan's economy amid regional conflict challenges

The International Monetary Fund (IMF) Executive Board has concluded its 2024 Article IV consultation and second review under the Extended Fund Facility (EFF) with Jordan.


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.