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The Republic of Korea has announced plans to invest 414.2 billion won (approximately $285 million) in the development of advanced industrial technologies by 2031, aiming to drive innovation across multiple sectors. The Ministry of Trade, Industry, and Energy confirmed the

A newly launched investment vehicle, the KvarnPortugal Fund, offers investors an opportunity to gain exposure to the cryptocurrency market while potentially securing Portuguese residency or citizenship. The fund is a collaboration between Fundbox, a Portuguese fund management company, and Kvarn

The U.S. Securities and Exchange Commission (SEC) has requested a 60-day pause in its ongoing lawsuit against Binance and its founder, Changpeng Zhao, in a move that could signal a shift in regulatory policy on cryptocurrency enforcement. The joint motion,

Federal Reserve Chair Jerome Powell stated on Tuesday that regulatory policies surrounding banking access should be reassessed, following concerns that the crypto industry is being unfairly excluded from financial services. Powell made the remarks during a Senate Banking Committee hearing,

The OPEC Fund for International Development has signed a €50 million loan agreement with the Industrial Development Bank of Türkiye (TSKB) to accelerate investments in Türkiye’s green transformation. The financing will support projects in renewable energy, energy efficiency, climate adaptation,

The United Nations Development Programme (UNDP) is spearheading a new initiative aimed at designing climate risk-based insurance policies to provide broad protection for farmers across the Arab region. The project, led by Dr. Abdallah Al Dardari, Assistant Secretary-General and Director

The United Nations Conference on Trade and Development (UNCTAD) has emphasized Africa’s vulnerability to global economic shocks in its Economic Development in Africa Report 2024. The report, released in Geneva, examines how past crises including the 2008 financial collapse, the

On International Arabian Leopard Day, observed annually on February 10, global conservation efforts are intensifying to protect the critically endangered Arabian leopard (Panthera pardus nimr). The species, listed as Critically Endangered on the IUCN Red List, faces persistent threats, including

Meta is laying off approximately 3,600 employees, accounting for about 5% of its workforce, as part of its ongoing restructuring efforts in 2025. The layoffs, which began on February 10, are being classified by the company as “performance terminations,” targeting

President Donald Trump has directed the U.S. Treasury Department to halt the production of pennies, citing their high manufacturing costs. According to recent figures, producing each penny costs nearly 3.7 cents, leading to significant financial losses for the government. The