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Technological Innovation Must Power Economic Growth in Africa

Technology, science and innovation play a key role in the development of Africa, United Nations officials stressed today, calling on policymakers to redouble their efforts to support this field and form partnerships that harness its power. During a March 2013

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Big Crowds Witnessed at Cityscape Egypt

CAIRO – Cityscape Egypt has once again delivered a strong turnout of serious home buyers and investors packing the exhibition halls over the past three days.  Mr. Ashraf El Gharib, Marketing and Sales Director of Rooya Group speaking on the

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UNCTAD on Emerging Markets FDI Trends

Foreign direct investment (FDI) going into and out of the emerging economies of Brazil, Russia, India, China and South Africa – collectively known as BRICS – is mounting in global influence, according to a United Nations report released on March

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Arab Countries In Transition: Where are they Heading?

By Masood Ahmed Director of the IMF’s Middle East and Central Asia Department “You can tell whether a man is clever by his answers. You can tell whether a man is wise by his questions.­” — Egyptian Nobel Prize–winning author

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International Chamber of Commerce: G20 Openness Could Improve

Presenting pre-findings of an ICC Open Markets Index at an international business dialogue in Paris on March 4th, ICC Chairman Gerard Worms said that government authorities equipped with better information on their country’s market performance were better able to honour

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The International Financial Institutions: Collaboration for Development and Growth

Leaders of the African Development Bank, European Bank for Reconstruction and Development, Inter-American Development Bank, International Monetary Fund, and the World Bank Group pledged on February 26, 2013 close collaboration to support development and growth. The leaders emphasized the need

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Corruption: Eating at the Fabric of Afghan Society

The total cost of corruption in Afghanistan has significantly increased over the past three years to $3.9 billion, according to a United Nations survey released this month, which says that in spite of fewer people paying bribes, the practice is

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Banque Misr Liban: Committed to Excellence in Service Poised for Strong and Sound Future Growth

A number of factors help Banque Misr Liban to stand out in Lebanon’s relatively crowded and competitive banking sector. It is one of Lebanon’s oldest banks as it was established in 1929 and ranks number 3 on the official historical

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CFI.co Meets Dr. Naseer Shahir Homoud

Born in 1963 at Irbid, Jordan, Naseer Shahir Homoud is a multi-dimensional personality – primarily a real estate developer but also well known as an author and philanthropist. A dentist by training, Dr. Homoud has made significant contributions in many

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Rethinking Economic Growth in Arab Societies

After decades of skewed development policies, social injustice, and poorly managed economic liberalization, Arab countries must rethink their growth strategies, says a United Nations report released on February 5th, stressing the need for improved governance to achieve progress. The report,

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