China’s exports surge amid AI-driven demand
Exports grew by 36.3 percent in September, the biggest leap since the COVID-19 pandemic.
Business
IsDB signs $238m Cameroon road deal, discusses support for Syria and Mozambique
The Islamic Development Bank (IsDB) signed a €212.35 million ($238 million) financing agreement with Cameroon to support the Douala–Bafoussam Road Rehabilitation Project, enhancing regional connectivity and access to economic opportunities. Additionally, IsDB discussed recovery efforts for Syria and potential support for Mozambique during meetings at the World Bank Group-IMF Annual Meetings in Bangkok.
Business
Turkish Cenbank Says to Maintain Tight Monetary Stance Till Price Stability
Turkish Central Bank Governor Fatih Karahan on Wednesday said the bank would maintain its tight monetary policy until price stability is achieved. According to Reuters, He was speaking about Türkiye's monetary policy and macroeconomic outlook during a visit to Bangkok for a meeting of the World Bank. Here are some details from the governor's presentation:
Business
Saudi Arabia’s SPARK, Dalipal sign $2.1bn energy equipment manufacturing deal
Saudi Arabia’s SPARK, Dalipal sign $2.1bn energy equipment manufacturing deal