Saudi Arabia has taken a major step toward sustainable finance with the issuance of its first sovereign green bond in February 2025. The bond received an overwhelming response from global investors, being oversubscribed six times. This strong demand underscores growing confidence in Saudi Arabia’s economic outlook and its commitment to
As Saudi Arabia seeks to diversify its economy beyond oil, the country is making bold moves to establish itself as a global financial hub. The Kingdom’s Vision 2030 initiative, spearheaded by Crown Prince Mohammed bin Salman, aims to transform Saudi Arabia into a thriving investment powerhouse. In a significant step
Russia’s role in global affairs has always been significant, but recent years have seen the country emerge at the forefront of geopolitical tension, sparking debates over its internal policies, international ambitions, and the sustainability of its influence in an evolving world. With its vast natural resources, military might, and a
Russia has created fertile ground for local industries to flourish by fostering collaborations between domestic enterprises and foreign investors. Earlier this month S&P Global Manufacturing noted Russia’s manufacturing sector grew to Purchasing Managers Index (PMI) 53.1 in January 2025, from 50.8 in December 2024. This is the fourth consecutive month
Europe’s geopolitical landscape is shifting dramatically, with US President Donald Trump recalibrating America’s stance toward Russia. Since taking office, Trump’s administration has disbanded Biden-era programs aimed at seizing assets from Russian oligarchs, paused military aid to Ukraine, suspended US cyber operations against Russia, and pursued direct negotiations with Russian President,
For Vladimir Putin, the Black Sea isn’t just a body of water, it’s a strategic playground, a historical trophy, and the key to Russia’s ambitions on the world stage. It’s no surprise that he’s clung to Crimea like a jealous lover, positioning his beloved Black Sea Fleet like a well-sharpened
Russia’s pharmaceutical market offers a wealth of untapped potential, particularly for countries in the Global South, BRICS nations, and strategic partners like Iran. As the industry evolves, aligning with Russia’s ambitious goals and navigating its challenges could yield substantial benefits for all stakeholders. In 2023, the Russian pharmaceutical market was
In the realm of global military assessments, Iran often finds itself overshadowed by the formidable forces of Western powers and its regional rivals. Yet, beneath the surface, a closer examination reveals that Iran’s military capabilities may be far more robust and strategically sophisticated than commonly perceived. Analysing various dimensions of
Iran’s economy, heavily reliant on oil exports, has faced significant challenges, especially since the re-imposition of sanctions in 2018. Recent data on non-oil exports however reveals a potential avenue for economic recovery and resilience. Between March and November 2024, Iran’s non-oil exports rose by 18% in value and 14.66% in
Iran’s automotive industry has long been a pillar of its economy, contributing around 10% to the nation’s GDP and employing 4% of its workforce. Now, the country is poised to revolutionize this sector with a strategic pivot toward electric vehicles (EVs), positioning itself as a competitive player in the global
