The price tag for Saudi Arabia’s ambitious plans runs into the trillions of dollars if fully built, far more than the country’s $1 trillion wealth fund. The U.K., Italy and Japan have already partnered on the Global Combat Air Programme, which aims to put a new stealth fighter with supersonic capability in the skies by 2035.

On January 27, Italian Prime Minister Giorgia Meloni said Italy is in favor of Saudi Arabia joining the Global Combat Air Program (GCAP), according to the Italian Prime Minister’s Office. Italy, Japan, and the U.K. launched the GCAP in December 2022 with a goal of deploying the next-generation fighter by 2035.

The fading shadow of reflationists in the Bank of Japan, and the latest addition to the board of an academic favouring an end to ultra-low interest rates, will likely bring the central bank's thinking closer to global peers taking a more conventional approach on monetary policy.

Saudi Arabia-based fintech Lendo has secured a $690 million warehouse facility led by J.P. Morgan.  Founded in 2019 by

The Bank of Japan made a significant step toward shrinking its massive balance sheet last week, while market watchers were fixated on the biggest interest rate increase from the central bank in 18 years.

The Japanese government expects its annual debt-servicing costs to rise to almost $230 billion over the next four years as the central bank’s campaign to gradually raise interest rates drives up financing costs.

The firm has appointed SNB Capital as the lead manager, financial adviser, bookrunner and underwriter for the IPO

The JJ/WBGSP uses the following process to review eligible scholarship applications from Japan nationals, with the aim of identifying ... WBG Steering Committee (composed of members of the World Bank Board of Directors and WB management) for approval.

Today Islamic date in Saudi Arabia or KSA is calculated as per the lunar-based calendar which consists of 12 Lunar months in a year of 354 or 355 days. A Muslim must know about the exact Islamic date today or the Arabic date. What is Islamic date today?

We aim to build confidence in the safety and reliability of payment service providers’ services while protecting end users from specific risks. We’re taking steps to better understand the impacts of climate change on the economy and to reduce our ...

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"If our economic and price forecasts are achieved, we will raise our policy rate accordingly and adjust the degree of monetary support," Himino said. The BOJ raised interest rates to 0.5% from 0.25% last week on the view that wages will continue rising and keep inflation stable around its 2% target.