by Jibran Munaf | October 24, 2024 | Industry
The World Bank announced plans to double its annual agricultural investment to $9 billion by 2030, focusing on boosting global food production and addressing challenges such as water scarcity and financing. Speaking at the Annual IMF/World Bank meetings on Wednesday,...
by Jibran Munaf | October 24, 2024 | Economy
European Central Bank (ECB) President Christine Lagarde emphasized the need for caution when considering future interest rate cuts, noting that decisions will be guided by upcoming economic data. Speaking at an event in Washington on Wednesday, Lagarde responded to...
by Jibran Munaf | October 24, 2024 | Economy
The United States’ current debt trajectory remains sustainable despite steady growth, according to Vitor Gaspar, the International Monetary Fund’s (IMF) Fiscal Affairs Director. Speaking at a press conference on Wednesday, Gaspar emphasized that while the U.S....
by Jibran Munaf | October 24, 2024 | Markets, Stocks & Bonds
US stocks dropped on Wednesday, pressured by rising US Treasury bond yields and significant losses in McDonald’s and Starbucks following negative developments. Market analysts pointed to rising uncertainty surrounding the continued climb in US Treasury yields....
by Jibran Munaf | October 24, 2024 | Real Estate
Prypco, a Dubai-based property technology (proptech) company, has raised $10 million in a seed funding round led by Shorooq Partners, with contributions from Apparel Group and other investors. The funding, completed in September 2024, will fuel the company’s plans to...
