Middle East

Multilaterals news

World Bank president Jim Yong Kim sets out a radical agenda for his second term that will move it away from direct funding towards de-risking projects in Africa to make them more attractive to private capital.

Islamic Finance: Tipped to bounce back

Islamic finance volumes fell off a cliff last year, but bankers are predicting a substantial increase in activity as more sovereigns from major Islamic finance hubs are turning to the international markets.