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AIM 2015 Focuses in FDI Based on Innovation and Technology Transfer to Achieve Sustainable Development

Foreign Direct Investment (FDI) projects are key means to continue the development of local skills and provide sustainable job opportunities. That is the premise of the 5th Annual Investment Meeting (AIM). The meeting, organised by United Arab Emirates (UAE) Ministry

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World Economic Forum: All Eyes on European Central Bank

Davos – Clearly enjoying her role as the real moneybags of the World Economic Forum (WEF), German Chancellor Angela Merkel – small in stature but as ever a commanding presence – lashed out at Russia yesterday for its “flagrant violation”

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World Economic Forum Opens in Davos: Sharing and Caring

Davos – Over 2,600 of the world’s most notable people have ascended to Europe’s highest mountain town for a series of meetings that aim to address “key issues of global importance.” Nestled at 1,560m above sea level in a picture-perfect

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The New Global Context – Uncertainty Unveiled

The emergence of a global market place may already be grinding to a halt. Before long, economic integration, a process only just begun, could be derailed or superseded by fast-paced political, social, and technological developments over which states and their

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US Welcomed at Davos as the New Emerging Market

The annual meeting of top businessmen, leading public officials, and a host of other VIPs in Davos usually sees emerging markets claim centre stage and draw attention to the marvels of their booming economies. Save for China, at this year’s

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World Economic Forum: Who’s Packing for Davos

The ultimate networking event is set to kick off in a week with a record-setting 2,633 participants. The World Economic Forum (WEF) today released its list of invitees the organisation hopes to welcome in Davos, the posh Swiss ski resort

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Fishing for a Sustainable and Equitable Future in the Pacific

World Bank approves US$32.97 million for regional fisheries program. The World Bank’s Board of Executive Directors today approved US$32.97 million in International Development Association (IDA) grants and credits to support the Pacific Islands Regional Oceanscape Program (PROP) – a regional

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World Bank Approves Financing for Nepal Grid Solar and Energy Efficiency Project

The World Bank today approved a US$130 million credit for the Nepal Grid Solar and Energy Efficiency Project to help address Nepal’s energy shortages that are a major constraint to economic growth and overcoming poverty. The project intends to increase

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World Bank to Promote High-Quality Innovations in Kazakhstan

The World Bank Group’s Board of Executive Directors today approved a US$88 million loan to help Kazakhstan foster innovation by promoting high-quality nationally relevant research and commercialization of technologies. The Fostering Productive Innovation Project will contribute to improving critical areas, such

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World Bank Supports Greater Resilience to Climate Related Hazards in Mozambique

The World Bank Board of Executive Directors approved today an International Development Association (IDA)* financing in the amount of US$50 million to support climate change related reforms agreed upon between the Government of Mozambique (GoM) and the World Bank under

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