COP29 negotiators welcomed as an early boost to the two-week summit a pledge by major development banks to lift funding to ...

The New Development Bank set an 80bp spread over Sofr on Thursday for its first dollar bond with Gulf banks on the mandate, ...

Create an alternative finance system. The group’s New Development Bank (NDB) and Contingent Reserve Arrangement (CRA) are meant to mimic the World Bank and International Monetary Fund (IMF ...

As the world's largest multilateral financier of urban development, the World Bank works with national and local governments to build more livable, sustainable, and inclusive cities and communities.

An aerial photo taken on Dec 17, 2020, shows the headquarters building of the BRICS New Development Bank in East China's Shanghai. [Photo/Xinhua] With open arms to more potential members ...

The Bank of China is on track ... particularly South-East Asia," she said. "For Papua New Guinea, this is not just a geopolitical move, it is a development that will have financial inclusion ...

IDB Invest, the private sector arm of the Inter-American Development Bank, has made a new deal to free up $500 million in ...

Speaking to the press on the sidelines of the BRICS annual summit in Russia, Mohammadreza Farzin said: “The New Development Bank can pursue many of the development goals of the BRICS member countries ...

ExxonMobil and its joint venture partners in the Papua New Guinea LNG project will soon receive a much-needed injection of new gas from a US$1 billion gas field development in the jungles of the ...

Alice Mason was New York City’s broker to the elite and a master at the art of hosting. One fête would alter her legacy and strain her relationship with her daughter. By Anna Kodé The final ...

Papua New Guinea’s leaders have withdrawn from this month’s COP29 U.N. climate summit, after slamming pledges by the world’s biggest polluters as “empty talk.” Foreign Minister Justin ...