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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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Thanks for giving us Space, Juan
There were some very good reasons that the Industrial Revolution happened in Britain. Of course, natural resources were plentiful but that was equally true elsewhere in Europe and the world at large. The same can be said of people with
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DESERTEC Foundation Endorses DESERTEC Power for Kingdom of Saudi Arabia
DESERTEC Power was established to advance the energy supply in the Kingdom of Saudi Arabia. This follows the direction of the Kingdom to significantly increase the sustainable power generation from renewable energy sources with viable, feasible, efficient, and sustainable solutions
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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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IMF Support for Sri Lanka’s Economic Reform Programme
An IMF staff mission visited Colombo January 30 – February 13 to discuss possible financial support for Sri Lanka’s economic reform agenda under an Extended Fund Facility. The mission met with government and Central Bank officials, as well as representatives
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THE UN and Water Management
The United Nations has launched the International Year of Water Cooperation, which seeks to provide a platform for countries to collaborate in the management of this precious resource in the interest of peace and development. “Water is central to the
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Developing Countries Face Higher Trade Costs
Although the international economy has integrated considerably in recent decades, a new database developed jointly by the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) and the World Bank reveals that trade costs fall disproportionately on
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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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Frontier Asia and Hopes for More Inclusive Growth
The International Monetary Fund (IMF) and the Japan International Cooperation Agency (JICA) on January 28th held a conference in Bangkok, entitled “Frontier Asia: Economic Transformation and Inclusive Growth.” The conference brought together ministers, central bank governors, other senior policymakers and
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