JPMorgan lowers emerging market default forecast
JPMorgan revised its forecast for emerging market (EM) corporate defaults on Monday, citing the most significant…
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COVID-19 pandemic
Polar Semiconductor to secure $120m grant from US gov.
Polar Semiconductor is poised to secure a $120 million grant from the US government to enhance its Minnesota-based…
UAE’s Emirates airline profit hits $4.7b in ’23
UAE’s Emirates Airline, the long-haul carrier reported a record profit of $4.7 billion in 2023, as per the…
Egypt to boost private sector with IFC – minister
In a bid to bolster Egypt's private sector, Rania Al-Mashat, the Minister of International Cooperation and Governor…
Zambia’s currency plunges to historic low vs USD
Zambia's kwacha plunged to a historic low against the US dollar On Wednesday, hitting 27.30, a manifestation of…
Half of poorest countries falling behind despite advantages – World Bank
Half of the world's 75 most vulnerable countries are falling behind wealthy nations in income growth, a new World…
Africa’s debt to remain above pre-pandemic levels through ’25 – UN official
Africa's public debt is projected to remain elevated above pre-pandemic levels in 2024 and 2025, with numerous…
UK job market shrinks 15% in January – Adzuna
The recruitment data company, Adzuna, reported on Monday that UK job advertisements reached a nearly three-year low…
Bahrain plans to issue Eurobonds
Bahrain plans to issue a dollar bond with a two-tranche deal: a seven-year Islamic note with a 6.625 per cent…
Land expansion dims offshore wind power in Germany
The proportion of offshore wind power from the North Sea in Germany's total wind energy output has decreased due to…
