Ethiopia launched full Islamic banking in 2019 after eight years of window services. Saudi Arabia made Sukuk issuers more flexible in November 2024. Bangladesh published draft Islamic Banking Companies Act. Philippines plans to issue Sukuk in 2025
Global fintech investment fell to $164.1 billion in 2022, down from 2021's record. Deal volume reached second highest level after 2021. Seed deals saw record investment, indicating strong long-term pipeline
Reported profit before tax decreased to $17.5bn in 2022, adjusted profit increased to $24.0bn. Revenue grew 4% to $51.7bn, driven by net interest income and global businesses. Net interest margin increased to 1.48%, reflecting higher interest rates. Customer lending balances fell by $121bn, including $81bn from French and Canadian sales
Turkey is divided into 7 geographic regions for better understanding. Each region has distinct physical, social, and economic conditions. Government divided regions to facilitate better understanding of country's geography
World coffee production increased 0.1% to 168.2 million bags in 2022/23. Americas grew 4.8%, especially Brazil's 8.4% biennial production increase. Arabica production increased 1.8% to 94.0 million bags. Robusta production decreased 2.0% to 74.2 million bags. 2023/24 production expected to rise 5.8% to 178.0 million bags