EU launches €5b guarantee to unlock global investments
The European Commission and the European Investment Bank (EIB) announced a new €5 billion guarantee agreement aimed…
Browsing Tag
Central Asia
ADB approves loan to support Uzbek climate transition
The Asian Development Bank (ADB) approved a $250 million policy-based loan to help Uzbekistan strengthen its…
ADB approves loan for road project in Kazakhstan
The Asian Development Bank (ADB) approved a $291.49 million local currency loan for the reconstruction of 208…
ADB approves $47m loan for Azerbaijan’s railways
The Asian Development Bank (ADB) approved a $47 million loan to support Azerbaijan in digitalising its railway…
EBRD provides $20m financing package to Tajikistan
The European Bank for Reconstruction and Development (EBRD) approved a new financing programme for Tajikistan's…
ADB raises Asia’s growth forecast to 5% in ’24
The Asian Development Outlook September 2024 revised upward its growth projection for developing Asia and the…
EBRD funds 1st renewable hydrogen project in Central Asia
The European Bank for Reconstruction and Development (EBRD) is financing Central Asia's first renewable hydrogen…
EBRD makes 1st direct investment in C. Asia’s graphite sector
The European Bank for Reconstruction and Development (EBRD) has made its first direct equity investment in Central…
Japan eyes deeper Central Asia links
Japan and five Central Asian countries are set to release a joint statement on sustainable economic development…
Russia to build Uzbek nuclear plant, the first in Central Asia
Russia will construct Central Asia's inaugural nuclear power plant in Uzbekistan, as announced by Uzbek President…
Apollo targets stake in AlShaya’s Starbucks
Apollo Global Management Inc., a U.S. private equity firm, is negotiating to acquire a minority stake in the…
Uzbekistan to host AIIB’s annual meetings in 2024
The Asian Infrastructure Investment Bank (AIIB) board of governors have announced on Saturday that the ninth annual…
Temperatures to increase with return of El Nino
The World Meteorological Organisation (WMO) said on Tuesday the temperatures are expected to hike in global…
IMF: Middle East, Central Asia economies face ‘perfect storm’ amid coronavirus
The Middle East and Central Asia are facing a “perfect storm” due to the coronavirus, as the pandemic impact…
IMF expects ‘breathing space’ in Middle East, Central Asia
Growing growth outside the troubled oil sector is offering some relief to economies in the Middle East and Central…
IMF: War, oil rout erode Middle East, Central Asia growth prospects
Wars and depressed crude oil prices have diminished growth prospects for the Middle East and central Asia, and…
Violence in Afghanistan forces Obama to rethink troop levels
Fifteen years into the war that few Americans talk about any more, conditions in Afghanistan are getting worse,…
China executes Three Men convicted in Mass Stabbing at Train Station
China executed three accused separatists on Tuesday for their role in an attack that killed 31 people at a train…
Morsi To Meet IMF Aide on $4.8 bln Loan: Newspaper
A senior official in the International Monetary Fund (IMF) will meet Egyptian President and other top officials on…