Saudi Aramco PhD Student Wins MIT Research Award

Zeid Al Ghareeb, a Saudi Aramco sponsored student pursuing a Ph.D. in Petroleum Engineering at the Massachusetts Institute of Technology (MIT), has been awarded a Seed Fund grant of $150,000 for doctoral research from the MIT Energy Initiative (MITEI). The

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IMF: Anything that Works to Create Jobs

A broad mix of policies is needed to help put the global economy on a sustained and balanced growth path, the IMF said as it wrapped up the 2013 Spring Meetings against a backdrop of an uneven global recovery. In

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Islamic Development Bank: Member Country Partnership Strategy

The Member Country Partnership Strategy (MCPS), introduced in 2010 as an outcome of the Islamic Development Bank Reform Agenda, is a tool to mainstream the newly adopted post-reform business model of the IDB Group. This new business model embodies three

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WTO on the Future of Trade: It’s All about Convergence

Extracts from an address by WTO Director-General Pascal Lamy, April 24th According to the Panel, “Regulating trade opening is only one of the many challenges facing a rapidly integrating world economy. But it is also one where we already have

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UN Expects Subdued Asia-Pacific Growth in 2013

Growth in Asia-Pacific remains subdued due to the impact of persistent weaknesses and uncertainties in the developed economies, the United Nations reported last week, urging Governments to implement macroeconomic policies that focus more on inclusivity and sustainable development. The report,

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CBI: The Only Way is Exports

As official trade figures disappoint yet again, the Confederation of British Industry is unveiling a new package of export-boosting measures to help British firms unlock overseas opportunities. They include an incentivising tax break, a review of the practicalities of the

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IMF on Global Financial Security: Old Risks, New Risks

The global financial system is far more stable than it was six months ago, but a number of challenges remain. The International Monetary Fund’s latest Global Financial Stability Report says that recent rallies in financial markets will not be sustained,

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Organisation of Islamic Conference: Contemporary Challenges of Member States

Issues concerning unemployment, the development of human resources and enhancing social protection feature prominently in the cooperation agenda of the OIC. Deliberations on the contemporary challenges of OIC Member States and modalities for consolidating intra-OIC actions will engage the attention

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UNIDO: Nowadays it’s Tough on Tigers

Poorer developing countries may find it much harder under current conditions to foster industrial development and structural change than earlier generations of states that hauled themselves out of poverty, like the so-called Asian tigers, according to new book prepared by

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IMF Mission to Egypt: Improvement in Targeting of Energy Subsidies

A staff mission from the International Monetary Fund visited Cairo during April 2-15. At the conclusion, Andreas Bauer, Mission Chief for Egypt, issued the following statement: “The mission made progress in the discussions with the Egyptian authorities on their economic

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