Financing is part of the European Commission’s Multiannual and Comprehensive Programme for Palestinian Recovery and Resilience, aiming to boost economic stability and job creation. EIB facility to strengthen Palestinian local micro, small, and medium-sized enterprises by improving access to affordable financing. Partnership with the Palestine Monetary Authority and local financial intermediaries to channel resources to private sector. After the approval of the European Investment Bank (EIB)’s Board in July, today, the EIB and the European Commission have announced at the UN General Assembly in New York the signature of a €400 million financing facility with the…
Category: Middle East/Asia
AIM Congress Announces 15th Editin for 2026
Dubai, United Arab Emirates, 6th October 2025: The Organizing Committee of AIM Congress, the world’s leading investment platform, has officially announced the launch of its 15th edition under the theme: Reshaping Global Prosperity: Unlocking New Investment Pathways Towards a Sustainable and Inclusive Future. AIM Congress will be held from 13 to 15 April 2026 in Dubai World Trade Centre (DWTC), Dubai, United Arab Emirates. AIM Congress, recognized globally as a premier event dedicated to steering sustainable investment trends, will address strategies to navigate major economic transformations. The event aims to…
Nominations Open for 2026 IsDB Prize for Impactful Achievement in Islamic Economics (Knowledge Contribution)
The Islamic Development Bank Institute (IsDBI) is pleased to announce opening of nominations for the IsDB Prize for Impactful Achievement in Islamic Economics for the year 1447H (2026). This cycle of the Prize is in the Knowledge Contribution category, aimed to recognize, reward, and encourage significant knowledge contributions in areas related to Islamic economics that have the potential to solve major economic and financial challenges of IsDB Member Countries. Individuals and institutions are invited to nominate other individuals and institutions whose contributions to knowledge are groundbreaking and have a substantial effect on…
Singapore, Ghana to deepen green and agribusiness partnership.
Ghana and Singapore on Wednesday discussed cooperation in sustainable development and value-added agriculture, anchoring their talks around a pioneering carbon markets agreement and plans to scale agro-processing and jobs in Ghana. Speaking during bilateral talks with President John Dramani Mahama in Singapore, President Tharman Shanmugaratnam said, “the first Asian country to sign the implementation of a carbon credit agreement with Ghana and the first in Africa, is Singapore,” casting the deal as a platform to channel investment into low-carbon growth. He added that “other areas of interest are agribusiness, downstream…
Al Mezan Refutes Israeli Claims of ‘Empty Areas’ in Gaza, Calls for an End to Forced Displacemen
Al Mezan is deeply alarmed by the false claims made by the Israeli military’s Arabic spokesperson, Avichay Adree, that there are “empty areas” in southern Gaza to accommodate the hundreds of thousands of Palestinians who will once again be forcibly displaced, should Israel proceed with its plan to take over Gaza City,said the organisation in an official statement issued in Gaza,Wednesday. Al Mezan stresses that these assertions are intentionally misleading, serving only to deceive public opinion and to justify Israel’s policy of mass forced displacement as part of its ongoing genocide. The Israeli…
Emirates Drug Establishment Grants Global First Approval for “Tolebrutinib” to Treat Non, Relapsing Secondary Progressive Multiple Sclerosis
In a landmark regulatory achievement that reflects the UAE’s leadership in accelerating access to innovative therapies, the Emirates Drug Establishment has announced the approval of “Tolebrutinib” as the world’s first oral treatment for non-relapsing secondary progressive multiple sclerosis (SPMS) says an official statement issued on Teusday. This milestone,the statement noted, underscores the nation’s commitment to providing advanced, science-based therapeutic solutions that enhance patients’ quality of life and align with global healthcare advancements. The approval,it added, was based on a scientific study conducted in collaboration with the National Multiple Sclerosis Society.…
Israel Kills 740 Palestinians, Including 152 Aid Seekers, in 7 Days
The Organization of Islamic Cooperation’s Media Observatory for Israeli Crimes Against Palestinians recorded 740 Palestinian martyrs between August 19 and 25, 2025, including 438 killed last week, 152 among them were waiting for aid. Four bodies were recovered, 298 martyrs whose information was confirmed, and 2,043 wounded an official statement issued in Jeddah,Teusday has disclosed. The Observatory also recorded 63,715 Palestinian deaths between October 7, 2023, and August 25, 2025, in addition to 166,963 wounded during the same period. For the first time, the United Nations declared a state of…
For the first time, the world’s food crises authority announces a famine in Gaza
By SAM MEDNICK and WAFAA SHURAFA Updated 12:41 AM GMT, August 23, 2025,AP GAZA CITY, Gaza Strip (AP) — The world’s leading authority on food crises said Friday the Gaza Strip’s largest city is gripped by famine, and that it’s likely to spread across the territory without a ceasefire and an end to restrictions on humanitarian aid. The Integrated Food Security Phase Classification, or IPC, said famine is happening in Gaza City, home to hundreds of thousands of Palestinians, and could spread south to Deir al-Balah and Khan Younis by the end of next month. The…
Joint Statement by the Foreign Ministers of 31 Arab and Islamic Countries and the Secretaries-General of the League of Arab States, the Organization of Islamic Cooperation, and the Gulf Cooperation Council
The Foreign Ministers of the People’s Democratic Republic of Algeria, the Kingdom of Bahrain, the People’s Republic of Bangladesh, the Republic of Chad, the Union of the Comoros, the Republic of Djibouti, the Arab Republic of Egypt, the Republic of The Gambia, the Republic of Indonesia, Republic of Iraq, the Hashemite Kingdom of Jordan, the State of Kuwait, the Republic of Lebanon, the State of Libya, the Republic of Maldives, the Islamic Republic of Mauritania, the Kingdom of Morocco, the Federal Republic of Nigeria, the Sultanate of Oman, the Islamic…
A High-level Delegation of the OIC and its Humanitarian and Development Institutions Visits Burkina Faso
The Organization of Islamic Cooperation (OIC) and its humanitarian and development institutions, namely the Islamic Solidarity Fund (ISF), the Islamic Development Bank (IsDB), and the Islamic Committee of the International Crescent (ICIC), dispatched a high-level delegation to Burkina Faso for a working visit during the period from 13 to 17 August 2025 according to an official statement issued in Jeddah,Thursday. Headed by,the statement said, Ambassador Tarig Ali Bakheet, Assistant Secretary-General for Humanitarian, Social and Cultural Affairs of the OIC General Secretariat, and comprising Dr Mohammed bin Suleiman Aba Al-Khail, Executive…