EBRD provides $35 million to micro-lender KMF Funds to support women-led businesses At least 10 percent of secondary loans will favor green projects The European Bank for Reconstruction and Development (EBRD) is helping Kazakhstanto micro, small and medium enterprises run by women by granting a new long-term loan to the country’s first micro lender KMF. The Bank’s funds, amounting to…
Author: Ebrahim
CLIMATE FEED | Political battles over climate change are increasingly taking place in the classroom. Conservative activists and state politicians across the country are trying to limit or distort the teaching of climate science to schoolchildren, marking a growing front in the culture war against social movements over race, gender identity and the environment. State education officials, local school board members and Republican lawmakers in states from Florida to Montana have tried to reshape climate curriculum over the past year, with more or less successful. In Ohio, lawmakers are expected to pass a bill that could require colleges and universities…
Authorities in eastern Libya said at least 2,000 people were killed and thousands more missing after a massive flood ravaged the town of Derna following a strong storm and rains. Ahmed Mismari, spokesman for the Libyan National Army (LNA) which controls eastern Libya, told a televised news conference that the disaster occurred after the collapse of dams above Derna , “carrying entire neighborhoods with their inhabitants into the sea”. Mismari estimates the number of missing between 5,000 and 6,000. Earlier on Monday, the head of the Red Crescent aid group in the region said the death toll in Derna was…
ABU DHABI, 12th September, 2023 (WAM) — The dynamic city of Madrid, Spain, is set to host a cultural symposium tomorrow celebrating the culture and arts of Andalusia, as part of the “Andalusia: History and Civilization” initiative, which is held under the patronage of His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister and Minister of the Presidential Court. The initiative presents an important platform to illuminate the rich history of Arab civilization and highlights a unique era that impacted the entire human civilization, in line with the UAE’s efforts to promote the values of tolerance,…
Experience the premier business event showcasing Greek-American businesses and achievements The highly anticipated Hermes Expo is set to return June 14 to the prestigious Grand Marquis in Old Bridge, New Jersey, bringing together entrepreneurs, professionals and industry leaders for a day of networking, business opportunities and celebration. With its rich history and tradition of excellence, the Hermes Expo continues to be a major event for the Greek-American community and beyond. Since its inception, the Hermes Expo has played a vital role in fostering business relationships, promoting entrepreneurship and honoring achievements within the community. Over the years, it has served as…
The 7th Annual Hellenic Initiative Business Fair (THI), one of the largest startup events in Greece, bringing together entrepreneurs, investors and innovators from the US, UK, Australia, of Canada and Greece, was held on June 6 in the packed ballroom of the Grande Bretagne Hotel in Athens. The startup pitch competition provides crucial exposure to major investors and funds, and the winning team receives $25,000. Founded in 2012, THI is a global non-profit organization that brings together diaspora Greeks and Philhellenes to invest in Greece today through programs focused on economic development and combating the crisis. Since its inception, THI…
I having a recurring argument with a musician friend. In a songwriting class he teaches, he tells students that songs should sound less like sermons and more like prayers. As a sermon preacher, I’m always slightly offended, even though I understand what he means. The lesson is “show, don’t tell.” When it comes to art, wrestling with questions is more compelling than telling someone the answers. It’s not for nothing that contemporary Christian music is often criticized for its rush to resolve problems prematurely. My reply is that there are certain truths that cry out to us, answers that provide…
Thirty years after the historic Oslo Accords, Palestinian hopes for statehood seem more distant than ever and popular frustration is omnipresent, particularly regarding access to water. The Israeli-Palestinian conflict is over land but also over the water resources that support life on the barren lands between the Mediterranean Sea and the Jordan River. Hopes for peace were high when then-Palestinian leader Yasser Arafat shook hands with Israeli Prime Minister Yitzhak Rabin on the White House lawn on September 13, 1993, as U.S. President Bill Clinton looked on. The historic deal they reached created a limited degree of Palestinian autonomy and…
Receive free global updatesWe will send you a myFT daily summary email summarizing the latest World news every morning.This article is an on-site version of our PremierFT bulletin. Subscribe to our Asia, Europe/Africa Or Americas edition to receive it straight to your inbox every weekday morningGoldman Sachs is preparing to impose a new round of job cuts on employees considered to be worst performers, people familiar with the matter told the Financial Times.The planned move, which could begin next month, is part of an annual exercise that typically results in between 1 percent and 5 percent of the company’s employees…
Second-quarter impact data reveals how its 1MBB initiative is driving economic development, improving financial literacy, and creating generational wealth for the underserved.ATLANTE, July 20, 2023 /PRNewswire/ — Operation HOPE, the nation’s leading nonprofit organization dedicated to financial education, today announced second quarter impact results from its groundbreaking project One Million Black Businesses (1MBB) initiative. Launched in 2020, 1MBB provides access to an integrated suite of services, knowledge, capital and technology tools needed to launch, sustain and grow new Black businesses, at no cost to program participants. Operation HOPE tracks and measures the success of the 1MBB Initiative through key performance…