Less than 10 per cent of global climate financing goes to developing countries, despite their greater need, …
developing countries
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Saudi Arabia has raised $12 billion from foreign debt, marking its biggest borrowing since 2017, during a …
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FeatureInternational NewsNewsTechnology
Ericsson targets 50% of mobile wallets in Africa
by Aya Anwarby Aya AnwarEricsson AB, a manufacturer of 5G networks globally, is expanding a financial technology company that facilitates mobile …
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International NewsNews
Canada’s green Christmas due to El Nino – head climatologist
by Aya El Sayedby Aya El SayedInstead of a white Christmas, Canadians are facing a green one this year, as the country has …
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InitiativesInternational News
IEA targets renewable energy costs in developing countries
by Aya El Sayedby Aya El SayedThe Executive Director of the International Energy Agency (IEA), Fatih Birol, announced on Friday at an energy …
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International NewsNews
Developing nations need $5.9tn to reduce emissions – G20 leaders
by Nada Aliby Nada AliThe G20 leaders acknowledged that the developing countries will require $5.9 trillion in the pre-2030 period for …
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Egypt NewsIndustry & TradeInternational NewsNewsTech/AI
Egypt, JP Morgan mull boosting cooperation
by Sama Mousaby Sama MousaEgypt is discussing boosting cooperation with JP Morgan, said Egyptian Minister of International Cooperation Rania Al-Mashat on …
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FeatureInternational NewsNews
UN asks rich economies to provide $500bln annually for poor nations
by Sama Mousaby Sama MousaAntónio Guterres, UN Secretary General, condemned on Saturday the rich countries’ way of controlling poor countries with …
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Africa NewsEgypt NewsFinancial InstitutionsIndustry & TradeInternational NewsMENA NewsMoneyNewsTech/AI
PM Mark Rutte at COP27 says Netherlands to boost climate funding to developing nations
by Yomna Yasserby Yomna YasserPrime Minister Mark Rutte said on Monday said the Netherlands would raise its annual contribution to climate …
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FeatureFinancial InstitutionsMoney
SMEs, entrepreneurship contribute by two-thirds to world GDP – OECD
SMEs and entrepreneurship contribute by more than two-thirds of the world’s GDP, and support around 52 percent …