Even more impressively, the number of Egyptian women with an account increased by 260 per cent, though gender gaps do remain. But how you widen financial inclusion overall is a question the Arab region is currently grappling with. A new report from the UN Economic and Social Commission in Western Asia (UNESCWA) published on Thursday […]
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In today’s world, ethical business practices and fair competition are considered fundamental to economic prosperity. Yet, covert targeting and sabotage—where individuals or organizations systematically prevent another entity from accessing funds, resources, and professional opportunities—can cripple businesses, causing billions in losses while inflicting severe psychological, financial, and familial damages. The Impact of Long-Term Sabotage When a […]
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Amnesty International has strongly condemned the life sentence handed down by a military court in Cameroon against prominent peace activist Abdu Karim Ali, denouncing it as an “affront to justice” and calling for his immediate and unconditional release. Ali was sentenced on April 16 by a military tribunal in Yaoundé to life imprisonment on charges […]
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In a major initiative to support Morocco’s green transition, the European Bank for Reconstruction and Development (EBRD), alongside the Green Climate Fund (GCF), the European Union (EU), and Canada, has launched a €70 million financing package for Bank of Africa (BOA) under the Green Economy Financing Facility Plus (GEFF+). Boosting Green Investments in Morocco’s Private […]
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WARSAW, 15 May 2025 – In a move that has alarmed international human rights organizations, a Moscow court has sentenced Grigory Melkonyants, co-chair of the independent Russian election monitoring group Golos, to five years in a penal colony. In addition to his prison term, Melkonyants has received a nine-year ban on public activities, effectively preventing […]
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In a major shake-up in the sports retail industry, Dick’s Sporting Goods has announced its acquisition of Foot Locker for $2.4 billion. The deal comes as Foot Locker grapples with challenges in a shifting retail landscape, including changing supplier relationships and declining sales. A Strategic Move Amid Market Uncertainty Many apparel brands have struggled in […]
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New findings from the World Bank highlight significant disparities in the distribution of social spending across 133 countries. The data shows that, on average, only 26% of social expenditures effectively reach the poorest 20% of the population, raising concerns about the effectiveness of government programs aimed at reducing poverty. Sectoral Differences in Pro-Poor Investments The […]
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Bringing together digital transformation leaders, creative designers, and forward-thinking innovators in air transport, APEX FTE EMEA—co-located with Ancillary & Retailing—returns to Dublin in 2025, reaffirming its status as the region’s premier air transport innovation event. Renowned for its dynamic energy, inclusive atmosphere, and high-caliber audience, APEX FTE EMEA offers an unmatched platform for the industry’s […]
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OpenAI has signed a new agreement with CoreWeave, committing up to $4 billion in payments through April 2029 to secure additional cloud computing capacity. This move strengthens OpenAI’s infrastructure as demand for AI-driven computing power continues to grow. Strategic Expansion CoreWeave, a Nvidia-backed cloud services provider, disclosed the agreement in a regulatory filing on May […]
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The AOPA Foundation has announced its largest-ever scholarship program, awarding $2.2 million to nearly 400 recipients out of more than 6,800 applicants. The scholarships aim to support aspiring pilots and aviation professionals, helping them overcome financial barriers to training and certification. Scholarship Details Impact on Aviation Careers “These scholarships are life-changing,” said Taz Thomas, AOPA’s […]
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