DUBAI: The Jeddah-based Islamic Development Bank (IsDB) will move hundreds of its staff outside Saudi Arabia and play a lead role in designing investment projects as the multilateral lender changes strategy under a new president. With 57…
BERLIN: Former foreign minister Frank-Walter Steinmeier was elected Germany's president on Sunday, the 12th person to hold the largely ceremonial post in the post-war era. Steinmeier, a Social Democrat who had served as foreign minister…
COLOMBO:Sri Lanka's newly-elected president has engineered enough defections from his predecessor's party to secure a parliamentary majority essential for radical constitutional reforms, officials said Sunday.