EU grants Germany €13.5b under resilience plan
The European Commission disbursed €13.5 billion in grants to Germany as part of its recovery and resilience plan.
EU approves €1.7b to boost Czech recovery plan
The European Commission disbursed €1.5 billion in grants and €200 million in loans to the Czech Republic under its…
S. Korea consumer sentiment plunges in Dec. ’24 – BOK
South Korea’s Composite Consumer Sentiment Index (CCSI) for December 2024 fell to 88.4 points, a decline of 12.3…
EBRD invests €21.7m in Greek real estate redevelopment
The European Bank for Reconstruction and Development (EBRD) is investing €21.7 million in the P&E Investments…
UAE c. bank projects 4.5% GDP growth in ’25
The Central Bank of the UAE (CBUAE) projects strong economic growth, with the UAE's non-oil trade exceeding AED 1.3…
Egypt to launch $7.5b green hydrogen project
Egypt's Suez Canal Economic Zone (SCZONE) is set to sign a new agreement for a green hydrogen project with an…
Japan’s real wages decline for 3rd straight month in Oct. ’24
Japan's real wages fell by 0.4 per cent in October compared to a year ago, marking the third straight month of…
ADB provides $70m loan to expand affordable housing in India
The Asian Development Bank (ADB) and Vastu Housing Finance Corporation Limited (Vastu) signed a senior secured loan…
EBRD backs Africa’s largest wind farm in Egypt
The European Bank for Reconstruction and Development (EBRD) has arranged a $275 million syndicated loan to support…
Egypt aims to streamline investment processes across all sectors
Egypt’s Prime Minister Moustafa Madbouly recently held a meeting with Minister of Investment and Foreign Trade…