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Central bank governor says remittances rebounded to €2.4bn in 2022 after a dip during the pandemic.
Kenya’s sovereign bond index at the distressed 1,000 basis point spread over US treasuries enjoyed a brief reprieve from unrelenting gloom, as IMF managing director Kristalina Georgieva declared it an innocent bystander in sub-Sahara default panic.
Some observers conclude, however, that the big event produced lots of rhetoric and little action.
Saudi Arabia's ACWA Power has announced plans to construct green hydrogen and wind projects in Uzbekistan. In partnership with state-owned Uzkimyosanoat, it will implement green hydrogen projects ...
The Uzbek government is going to continue to focus on economic stability, bringing inflation down, making the country more attractive to international investors and boosting trade with World Trade Organisation (WTO) membership.
Stans were eager for red carpet treatment. Notably, Russia was not invited.
Most Hungarian analysts believe that GDP will grow 0.5-1% this year, which is below the government’s 1.5% target.
Investments would strengthen Hungary’s position as the number one Central European investment destination for Chinese companies.
France’s Montagne et Neige Developpement (MND) has inked a contract for the construction of the all-season Chimgan resort in Uzbekistan’s Chimgan Mountains, the Uzbek culture and tourism ...
If Kemal Kilicdaroglu manages to unseat Recep Tayyip Erdogan, to achieve his aims, he may have to utilise presidential powers, the very levers he has pledged to loosen.
An investor from China plans to launch a major leather processing project in Uzbekistan, according to Uzcharmsanoat, a trade association focused on the country's leather and footwear ...
Talk of peace plans is back in the news after China’s President Xi Jinping and Ukrainian President Volodymyr Zelenskiy had a “long and meaningful” telephone call on April 26. But a workable formula still seems a long way off.
Ruling Fidesz party accused of helping favoured companies squeeze out foreign and domestic competition in most corrupt state in the EU.
World trade has been falling, but we still expect growth to return this year. We do notice large shifts in world trade as advanced economies – especially the US – are diversifying input sourcing.
Yageo will invest €205mn in two factories in North Macedonia, creating 3,900 jobs.
What is happening today in Russia can be safely defined as the largest robbery of foreign investors in all known history.
Almost half the investments were directed towards export-oriented sectors, reflecting Belgrade's efforts to boost its economy through international trade, central bank said.
Heidelberg Materials and Schwenk Zement given buy-out offer 'they could not refuse' from domestic-owned rival with state backing.
Russia took over the chairmanship of the Eurasian Economic Union (EEU) at the start of this year and is looking to the trade club as one of the ways it can expand its trade after the Western world has increasingly cut ties due to sanctions.