G20 expert group on strengthening Multilateral Development Banks constituted

Mar 28, 2023

A G20 expert group for strengthening multilateral development banks (MDBs) has been constituted under India's G20 Presidency. The expert group will submit its report...

Climate finance by major multilateral banks rose 24 pc in 2021

Oct 15, 2022

New Delhi [India], October 15 : Climate finance committed by major multilateral development banks rose by more than 24 per cent in 2021 compared...

UAE Banks Federation approves 2023 strategy for banking sector development

Apr 28, 2023

The UAE Banks Federation (UBF) recently held its annual general meeting, chaired by Abdulaziz Al Ghurair, the Chairman of the Federation

Strengthening multilateral development banks primary focus of G20 India: Sitharaman

Aug 11, 2023

Union Finance Minister Nirmala Sitharaman on Friday said that the primary focus of India's G20 Presidency has been to strengthen multilateral development banks (MDB)...

COP28 President calls on Multilateral Development Banks to work faster to address climate finance and development challenges

Nov 02, 2023

Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology, and COP28 President, told the presidents of the world's biggest development banks that...

Nirmala Sitharaman highlights Global South's contributions to foundations of multilateral development banks

Oct 26, 2024

Sitharaman urged the World Bank to promote a two-way exchange of innovations, drawing from the transformative experiences of the Global South in areas like...