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income growth
Business / 2 weeks ago
Sudan tops global ranking of Islamic finance assets as industry expands across the Middle East and Africa
According to Global Finance Magazine, Sudan holds the largest volume of assets in Islamic banks worldwide, an estimated $484 billion, placing it ahead of Saudi Arabia, the UAE, Qatar and Kuwait. Islamic finance is growing faster than ever, and new figures show a surprising leader at the top. According to Global Finance Magazine, Sudan holds the largest volume of assets in Islamic banks worldwide, an estimated $484 billion, placing it ahead of Saudi Arabia, the UAE, Qatar and Kuwait. The latest numbers highlight a major shift in the global financial landscape. Countries across the Middle East and Africa continue to expand Islamic banking, which follows Sharia principles such as profit-and-loss sharing and the prohibition of interest-based lending.
Business / 31 weeks ago
Freelance income surges globally: Philippines and India lead 2025 boom in digital gig economy
Freelancing is no longer a fringe labor model; it’s now reshaping national income profiles. According to recent Payoneer data, the Philippines and India are leading the globe in freelance income growth, with year-over-year surges of 208% and 160% respectively. The report’s top ten list spans diverse economies—from Japan and Australia to Mexico and Pakistan—but the dominance of emerging markets is unmistakable. This shift reflects deep structural changes in how skilled labor is sourced, monetized, and distributed in the post-pandemic digital economy.
