Despite unprecedented and extraordinary economic progress over the past 150 years, we have been unable to use our technological prowess to construct an equitable and happy world. While we have expanded the economic pie, we still have not figured out how to slice and taste it. On September 6, Basic
By Dr Soha Maad Introduction This article sheds lights on latest development in the global virtual asset market and focuses on key global statistics about virtual assets.  The article overviews latest news about virtual assets market growth and how virtual assets will lead digital transformation of global finance and the
The Banking Executive magazine, World Union of Arab Bankers (WUAB)’s monthly magazine celebrated for the Eighth consecutive year the achievements of the Arab Banking sector entitled, Arab Banks Awards & Commendations of Excellence 2022. The World Union of Arab Bankers which was established in Casablanca in 2006, comprises today under
By Dr Soha Maad Introduction Various global, financial and regulatory authorities and bodies are attempting to define a framework for virtual assets in order to leverage potential market growth and reduce risk of misuse of virtual assets. In this article we consider the basics of virtual assets as defined and
BY DR SOHA MAAD Introduction A new threat is facing the global supply chain and digital economy. This threat is arising from the tension between United States (US) and China over Taiwan. The visit of speaker of the US House Of Representatives Nancy Pelosi to Taiwan outraged China who took
The world economy is undergoing a radical regime shift. The decades-long Great Moderation is over. Coming after the stagflation (high inflation and severe recessions) of the 1970s and early 1980s, the Great Moderation was characterized by low inflation in advanced economies; relatively stable and robust economic growth, with short and
One country stands out from the gloomy overall tone of the International Monetary Fund’s recent update of its World Economic Outlook. Against the backdrop of tepid 3.2% global growth in 2022, the IMF expects India’s GDP to expand by 7.4%. This is the fastest growth of any large economy except
BY DR SOHA MAAD Introduction This article presents a complete overview of virtual economy. Following a background overview of the rise of digitalization and virtualization of the economy, an introduction to the basic economic principles that can help in understanding the concept of virtual economy is presented. The article then
Introduction This article sheds light on the latest development concerning the digital euro. The article briefly introduces the role of the eurosystem and the changing payment landscape. The European Central bank ECB vision of the digital euro as revealed by Christine Lagarde, ECB President, and Fabio Panetta, ECB Executive Board
CAC International Bank was founded in 2009, in the Republic of Djibouti, and has been since offering a wide range of outstanding products and services that cover commercial and corporate banking, retail, personal banking and private banking.Over the past few years, the Bank has grown to be one of the