Special Reports

British International Investment (BII), the UK’s development finance institution and impact investor, has unveiled a new initiative under its recently launched $127 million Mobilisation Facility. The program aims to enhance the flow of private capital into emerging economies that are often considered too high-risk for global investors. Emerging markets, which...

Global efforts to decarbonize heavy industries such as steel, cement, and chemicals are gaining momentum, with approximately $1 trillion worth of projects currently under development. These industries collectively account for over 30% of global greenhouse gas emissions, emphasizing the urgency of addressing their environmental impact. The challenge lies in securing...

The United States has imposed sanctions on Kapila Chandrasena, the former CEO of SriLankan Airlines, as part of a broader anti-corruption initiative. Chandrasena, who led the airline from 2011 to 2015, was among 14 individuals designated for sanctions on December 9, 2024, coinciding with International Anti-Corruption Day. According to a...

Croatia has achieved significant progress in implementing the European "Once-Only Technical System" (OOTS), a project designed to streamline administrative processes and enhance interoperability among public institutions across the European Union. As one of the top-performing nations, Croatia has reached level 5 on the OOTS integration success scale, a distinction shared...

Real-time payments are predicted to generate over $15 billion in additional GDP growth for Nigeria and South Africa by 2028, according to the Real-Time Payments: Economic Impact and Financial Inclusion report published by ACI Worldwide. This report, produced in collaboration with The Centre for Economics and Business Research, draws on...

An analysis by PwC found that over half of the Fortune 500 companies listed in 2003—52%, to be precise—are no longer on the list today. Some of these organizations declared bankruptcy, others were acquired, and some ceased operations entirely. This stark reality underscores the tangible risk of corporate decline. The...

A fast-spreading wildfire, fueled by powerful Santa Ana winds, is ravaging one of Southern California's most affluent neighborhoods. As of Tuesday evening, the Franklin Fire had scorched 3,049 acres, prompting widespread closures and evacuations. Schools in Malibu have been shut down, portions of the Pacific Coast Highway closed, and Pepperdine...

International Monetary Fund (IMF) economists emphasized that Asian economies are well-positioned to weather ongoing turbulence, despite facing internal challenges and potential external pressures, including the return of President-elect Donald Trump to the White House. IMF Asia-Pacific division chief Alasdair Scott noted the region’s resilience and significant growth potential, even as...

A recurring theme at the recent climate talks in Baku, Azerbaijan, was the mounting frustration from the poorest and most vulnerable nations over the inadequate financial support offered by developed countries. These nations urgently need such funding to counter the devastating impacts of climate change on their economies and communities....

A recent PwC CEO survey highlighted that 84% of Qatar’s top business leaders are optimistic about the emirate's growth in 2024, with 71% planning to increase hiring—figures nearly twice the global average. Additionally, 68% of respondents expressed confidence in their firms’ revenue potential over the next three years, reinforcing the...