Category: ECONOMY

Africa: The Islamic Development Bank Institute (IsDBI) and Mohammed bin Salman (MBS) College Announce Strategic Partnership to Deliver Entrepreneurial Leadership Programs

Mr Mohammed

The Islamic Development Bank Institute (IsDBI) (https://IsDBInstitute.org/) and Prince Mohammed bin Salman College of Business & Entrepreneurship (MBSC) have signed agreements to foster entrepreneurial skills and leadership excellence in IsDB Member Countries and Muslim Communities. This collaboration aims to launch two innovative programs: the Entrepreneurial Mindset Development Program and the Strategic Business Leadership Program. These programs integrate Islamic finance values and instruments to foster economic growth in Member Countries. The programs will be hosted by MBSC and delivered jointly by both institutions. Dr. Sami Al-Suwailem, Acting Director General of IsDBI, and Dr.…

Combating Africa,3rd World Debt Burden

Mr Mohammed

Story: Mohammed A. Abu Mr. Sohaili Ahmed Zubairi, a globally renowned Islamic Banking and Finance(IBF) and Shariah Consultant, who is also a former Advisor to the Dubai Federal government on Islamic economy, has said that, the current age-old debt initiation system has completely failed. That is, in providing the economic relief to the people whose countries borrow money from development financial institutions (DFIs). This outdated method Mr. Sohail intimates, needs to be replaced by a disruptive approach with the help of technology which should work inversely than initiating debt and…

Africa Investment Forum 2024: Turning Continent’s Potential into Bankable Opportunities

Mr Mohammed

RABAT, Morocco, December 6, 2024/ — $15 billion in deals already originated Private capital in Africa will be more attractive than other emerging markets in five years’ time Africa has the lowest infrastructure default rates in the world—Moody’s Analytics The Africa Investment Forum kicked off its 2024 Market Days in Rabat, Morocco, with leaders highlighting the continent’s bankability and readiness for investment. In her welcoming remarks, Morocco’s Minister of Economy and Finance Nadia Fettah Alaoui told more than 1,000 delegates that this year’s Forum was a critical moment for creating…

Launch of World Advanced Manufacturing & Logistics Expo & Summit (WAM Morocco) 2025 to Advance the Country’s Shift Towards Next-Generation Industries and High-Value Manufacturing

Mr Mohammed

CASABLANCA, Morocco, November 25, 2024/ — KAOUN International (www.KAOUN-int.com/), Organizer of GITEX, Launches WAM Morocco 2025 with Commitment and Unified Support from Morocco’s Ministry of Industry and Trade, CGEM, and AMDIE; WAM Morocco 2025 Will Spotlight Advanced Manufacturing, Sustainable Practices, Next-Gen Logistics, and AI Innovation to Accelerate Industrial Growth. The World Advanced Manufacturing & Logistics Expo & Summit (WAM Morocco) will debut in Casablanca, with unified support to catalyse Morocco’s thriving manufacturing economy towards next-generation industries. Endorsed by the Moroccan Ministry of Industry and Trade and in partnership with key partners,…

Africa must strengthen accountability and governance to prosper — Botswana President Duma Boko

Mr Mohammed

GABORONE, Botswana, November 25, 2024/ — Africa’s economic success and sustainability are intrinsically linked to accountable governance, Botswana’s President, Duma Boko, stressed at the opening of the 2024 African Economic Conference in Gaborone. “Peace and stability in Africa must be anchored on accountable and responsive governance,” the president said adding, “This is a fundamental human right for every African citizen. It sets the requisite bedrock for any form of measure for our economic development and its sustainability.” He also called on African countries to strengthen democracy and uphold the rule…

Dubai Property Market sets new benchmarks with Over 50,000 Sales Transactions

Mr Mohammed

Dubai, United Arab Emirates, 20 November 2024: The real estate market in Dubai continues to grow at an exponential rate, driven by increasing demand as an investment destination, relaxing land ownership regulations, the increasing inflow of expats to the Emirate and convenient payment plans offered by developers. Breaking records in standard Dubai style, sales of real estate in the third quarter of 2024 achieved an unmatched milestone, with a total value of almost AED 141.9 billion ($38.7 billion). This surpasses the previous record of AED 124.07 billion ($33.8 billion) set…

How Would a New BRICS Currency Affect the US Dollar? (Updated 2024)

Mr Mohammed

By:Melissa Pistilli,First Published,July 8,2024 The BRICS nations are interested in creating a new currency to compete with the US dollar, and recently announced plans for a blockchain-based payment system. Learn about the developments thus far and how investors can prepare for the possibility. The BRICS nations, originally composed of Brazil, Russia, India, China and South Africa, are looking to establish a new reserve currency backed by a basket of their respective currencies. The potential BRICS currency would allow these nations to assert their economic independence while competing with the existing…

Africa Energy Expo 2024’s Dynamic Agenda Attracts High-Profile Speakers and Key Stakeholders Shaping the Continent’s Energy Landscape

Mr Mohammed

KIGALI, Rwanda, July 8, 2024/ — Informa Markets (www.InformaMarkets.com), organisers of the first edition of the Africa Energy Expo (AEE), have confirmed that government Ministers from three African countries will join the line-up of speakers at the landmark energy event, taking place from 4 to 6 November 2024 at the Kigali Convention Centre, Rwanda. Delegates can look forward to hearing from Rwandan Minister of Infrastructure, H.E. Hon. Dr. Jimmy Gasore; Malawian Minister of Energy, H.E. Hon. Ibrahim Matola; and Namibian Minister of Energy and Mines, H.E. Hon. Tom Alweendo. They join a…

Africa- Leveraging Artificial Intelligence (AI) for Good Health: The New Frontier in Social Innovation to accelerate progress toward Sustainable Development Goal 3 (SDG 3)

Mr Mohammed

JOHANNESBURG, South Africa, July 2, 2024/ — In the evolving landscape of global health, digital innovation emerges as a beacon of hope, pushing the boundaries of what is possible in healthcare access, quality, and affordability. A recent white paper by the World Economic Forum, produced in collaboration with the Schwab Foundation for Social Entrepreneurship, EY, and Microsoft, sheds light on an exciting paradigm shift: the integration of Artificial Intelligence (AI) in social innovation, especially within healthcare. AI uptake has the potential to improve immunisation programmes, supply chains, referrals, diagnoses, drug…