Dr. Yunus to hold 27 ministries, divisions

The Cabinet Division has announced the portfolios of the interim government, with Chief Adviser Prof Muhammad Yunus to oversee 27 ministries and divisions. The announcement, published on Friday by the Cabinet Division, outlines the ministries and divisions that Dr. Yunus will lead in the interim administration

UN to support Yunus-led interim government: Lewis

UN Resident Coordinator in Bangladesh, Gwyn Lewis, on Friday (9 August) said the United Nations has a crucial role in supporting the Prof Muhammad Yunus-led transition government until a national election is announced in the coming months. “The United Nations has a very important role in supporting this transition government,” she told reporters after a meeting with a BNP delegation, led by Mirza Fakhrul Islam Alamgir, at the party chairperson’s Gulshan office. She said they are meeting all of the stakeholders, all of the parties involved, and all of the civil society organisations to begin conversations about how the UN can support Bangladesh along the path for looking at a new investigation on what happened, how to reconcile, and advancing on the development priorities in the country and of course supporting until the new transition government can announce elections in the coming months.

Understanding performance will take time

Several eminent citizens of the country have expressed hope that the new interim government will bring back democracy, order and peace in the country. They said, there are many challenges in front of this government. Some of the advisors in the new government are brand new so it will take time to understand how they will perform. When the names of 16 advisers, including Muhammad Yunus as

China welcomes Bangladesh’s interim govt

China has welcomed Bangladesh`s interim government and said Beijing stands ready to work with Bangladesh to promote bilateral exchanges and cooperation in various areas as well as further advance the comprehensive strategic cooperative partnership between the two countries. "China has noted that Bangladesh has formed an interim government and welcomes it," a spokesperson at the Chinese Ministry of Foreign Affairs said on Friday (9 August). The spokesperson said China strictly follows the principle of non-interference in other countries` internal affairs.

17 members interim govt formed under the leadership of Dr. Yunus

An interim government is set to be formed under the leadership of Dr. Muhammad Yunus. The public has been eagerly awaiting the announcement of the members of this newly formed interim government for the past two days. Finally, on Thursday, August 8, the names of the 17 members were revealed.

Driving growth in Islamic leasing and sustainable finance markets

Ijarah financing, a prominent method in Islamic banking, enables clients to utilize bank-owned assets or properties in exchange for rent, making it an approved form of financing in Islamic law. This financial tool has gained significant momentum, particularly in the global market, with a remarkable increase from $1.35 trillion in 2021 to $1.53 trillion in 2022, boasting a yearly compound growth rate of

DSE index gains 306 points, hits single-day record

DSEX, the benchmark index of the Dhaka Stock Exchange (DSE) hits the highest jump in a single day by 306 points or 5.44% on 8 August. After the resignation of Sheikh Hasina on Monday, stocks at the Dhaka bourse continued to rally for three consecutive days from Tuesday to Thursday. The DSEX, introduced by the Dhaka Stock Exchange on 28 January 2013, has never recorded a single day of growth

State guest house ’Jamuna’ to become Dr. Yunus’ residence and office

The state guest house `Jamuna` has been prepared for Nobel laureate economist Dr. Muhammad Yunus, who is set to take on the role of Chief Adviser to the interim government. It has been reported that `Jamuna` will serve as both his residence and office. Following the resignation and departure of the Sheikh Hasina government, enraged citizens entered the Ganabhaban and the Prime Minister`s Office, leading to vandalism and looting. As a result, these two locations are currently unsuitable for official use or residence.

Iran warns airlines to avoid its airspace for 3 hours on Thursday

Egypt’s Civil Aviation Ministry said Wednesday it has ordered Egyptian airlines to avoid Iranian airspace for three hours the following day after a notice from Tehran to do so because of military exercises. The warning comes amid soaring tensions in the region following last week’s assassination of Hamas’ leader in Tehran. The Egyptian ministry said the warning came in a notice sent by Iran to all commercial airlines

Israel court hears bid to shut prison where soldiers accused of sexual assault

The Israeli Supreme Court considered a petition Wednesday to shutter a desert military prison where soldiers have been accused of abusing Palestinians, as a new video emerged purporting to show the sexual assault of a Palestinian detainee. Rights groups have been engaged in a legal battle since June to shut down the detention facility, known as Sde Teiman, where Israel has held many

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