Jordan Kuwait Bank has issued the country’s first green bond, a key milestone for sustainability driven capital investments in the country. But getting real momentum going in the sector will be an uphill battle.
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EU Reporter
Published 7 hours ago
The European Commission has adopted three opinions on the application of specific provisions in the Council Regulations on EU restrictive measures (sanctions) concerning Libya and Syria, the Central African Republic and actions undermining the territorial integrity of Ukraine. They concern 1) changes to two specific features of frozen funds: their character (sanctions concerning Libya) and their location (sanctions concerning Syria); 2) the release of frozen funds by way of enforcing a financial guarantee (sanctions concerning the Central African Republic) and; 3) the prohibition to make funds or economic resources available to listed persons (sanctions concerning the territorial integrity of Ukraine). While Commission opinions are not binding on competent authorities or EU economic operators, they are intended to offer valuable guidance to those who have to apply and follow EU sanctions. They will support the uniform implementation of sanctions a
Covid-19 has plunged the African continent into a full-blown recession. According to the World Bank, the pandemic has pushed up to 40 million people into extreme poverty across the continent. Every month of delay to the vaccine roll-out programme is estimated to cost some $13.8 billion in lost GDP, a cost counted in lives as […]