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Keywords: Funding
Lebanon’s Finance Minister, Yassine Jaber, has formally submitted a statement to the State Council defending the government’s decision to impose a tax on certain fuels and allocate the revenue to support the Lebanese army, according to an informed source at the Finance Ministry. The minister......
Morocco has solidified its position as a growing player in the Middle East and North Africa (MENA) startup ecosystem, climbing to fourth place in regional funding rankings for July 2025. This advancement puts the North African nation ahead of Egypt, which dropped in rankings due to macroeconomic challenges......
Morocco’s ambitious Forsa entrepreneurship program, launched in 2022 with a budget exceeding MAD 1.25 billion ($138.28 million), has come under fire for significant implementation issues, raising doubts about its effectiveness in supporting young entrepreneurs. Intended to provide interest-free......
The World Bank’s Board of Executive Directors has approved a second Development Policy Financing (DPF) operation for the Federal Republic of Somalia, amounting to $125 million. The grant will be provided by the International Development Association (IDA), the Bank’s fund for the world’s......
For $105,000, individuals can secure citizenship in Nauru, a small island nation in Micronesia, Oceania. This "golden passport" initiative, launched on August 7, aims to trade citizenship for investments to combat climate change. However, the program has seen limited interest, with only six......
Columbia University announced on Wednesday a $221 million settlement with the U.S. federal government to halt investigations led by the Trump administration. These investigations targeted several academic institutions, accusing them of allowing anti-Israel protests in the wake of the ongoing Gaza conflict. The......
The Lebanese National Social Security Fund (CNSS) has announced a new disbursement of 65 billion Lebanese pounds (approximately $726,000) to public and affiliated hospitals, specifically allocated for flat-rate surgical procedures. This initiative is part of ongoing efforts to strengthen support for......
A quiet but impactful policy change within the "One Big Beautiful Bill Act" threatens to upend the U.S. health care system, potentially leaving emergency rooms (ERs) overwhelmed and nursing homes shuttered. The legislation, passed by Congressional Republicans, reduces the nationwide provider......
The Lancet Medical Journal has issued a dire warning about the potential consequences of drastic cuts to international foreign aid under the Trump administration. The report estimates that these reductions could result in 14 million deaths worldwide by 2030, with devastating effects on vulnerable populations......