In a grand event held in Riyadh, the first edition of the CIO50 KSA Awards honored Saudi Arabia’s top technology leaders who have transformed the digital landscape amid unprecedented challenges. These forward-thinking executives have been instrumental …
“Don’t know what surface we are going to play…”: India assistant coach Nayar on playing XI selection for Kanpur Test
Kanpur (Uttar Pradesh) [India], September 26 (ANI): Ahead of India’s second Test against Bangladesh, India’s assistant coach Abhishek Nayar said that the selection of spinner Kuldeep Yadav and playing eleven as a whole depends on the surface the team w…
Rift in Romania’s grand ruling coalition deepens as elections approach
By Iulian Ernst in Bucharest The relationship between President Klaus Iohannis’ National Liberal Party (PNL) and the Social Democrats (PSD) headed by Prime Minister Marcel Ciolacu is gradually deteriorating ahead of the presidential and parliamentary e…
Hungary to lobby against changes to EU cohesion policy
By bne IntelliNews Hungary’s regional development minister has warned that Central and Eastern European countries may receive less cohesion funds in the future, while southern regions, Moldova and Ukraine are slated to receive more with the prospective…
Polish budget “ready” to handle flood aid, minister says
By Wojciech Kosc in Warsaw Poland’s budget is “ready to fund” efforts aimed at rebuilding the regions devastated by massive flood earlier this month, the country’s Finance Minister Andrzej Domanski told the parliament on September 25. Extreme rain – wh…
EBRD lowers Emerging Europe growth forecasts amid economic challenges
By Clare Nuttall in Glasgow The European Bank for Reconstruction and Development (EBRD) has lowered its growth forecasts across its regions of operations for 2024 and 2025, citing a range of economic pressures. In the latest Regional Economic Prospects…
Bosnia’s annual CPI inflation slows down to 1.3% y/y in August
By bne IntelliNews Consumer prices in Bosnia & Herzegovina increased by 1.3% year on year in August, after growing by 1.9% y/y in July, the country’s statistics office reported on September 25 (chart). In monthly terms, the CPI ticked up 0.5% in August…
Romania’s public debt edges down to 51.4% of GDP in June
By Iulian Ernst in Bucharest Romania’s public debt (chart) edged down by RON2.2bn in June 2024, to RON860.1bn (€172.8bn) at the end of the month according to data published by the finance ministry. The debt-to-GDP ratio fell to 51.4% from 51.5% at the …
Four Western nations to sue Taliban over women’s rights violations
By bne IntelliNews Germany, Australia, Canada, and the Netherlands have prepared a draft proposal indicating they will file a complaint against the Taliban at the International Court of Justice (ICJ) if the group fails to change its policies towards Af…
Ghana power utility chief resigns amid financial struggles and power outages
Samuel Dubik Mahama, the managing director of the Electricity Company of Ghana (ECG), has resigned, citing personal reasons. His resignation comes as the company grapples with financial instability and public discontent over recent power supply disrupt…