World Bank

IMF and World Bank to go ahead with Morocco annual meetings despite earthquake
Global institutions say they will adapt the content to the circumstances after tremor that killed 3,000 people
September 19, 2023, 4:57 AM
Israel's restrictions affect Palestinian access to health care, World Bank says
Curbs on travel without permits make it hard for Palestinians to receive life-saving treatment in time, particularly those in the Gaza Strip
September 18, 2023, 12:05 PM
Palestine economy to continue below potential, World Bank says
Growth projected to hover around 3% and income per capita is expected to stagnate, according to report
September 17, 2023, 8:00 PM
IMF and World Bank to decide on Monday if meetings in earthquake-hit Morocco will go ahead
The UN agency has agreed to provide a $1.3billion loan to bolster the country's resilience to climate-related disasters
September 16, 2023, 9:37 AM
Janet Yellen confident of World Bank reform and continuing Ukraine aid
Treasury Secretary upbeat about chances of securing more financial assistance for Ukraine
September 08, 2023, 12:58 PM
IMF and World Bank pledge stronger collaboration on climate change
The two entities also plan to strengthen co-operation in areas of debt and digital transition
September 07, 2023, 6:14 PM
The UAE and Singapore: countries with much in common
The two share a reputation for safety and luxury and also have the same electrical sockets
September 02, 2023, 7:27 AM
UAE officials discuss money laundering and terrorism financing risks with World Bank
Workshop identified and evaluated risks in these areas to help draft effective mitigation policies
July 28, 2023, 6:03 PM
UAE ranks seventh globally in per capita national income
The figure in the Emirates jumped to $87,729 based on purchasing power parity in July last year, Wam reports
July 10, 2023, 7:41 PM
World Bank approves $200m financing for Lebanon's agricultural sector
Lebanese farmers have been hit by a succession of blows in recent years
June 30, 2023, 11:52 AM
Egypt selects World Bank's IFC as consultant for its IPO programme
Choice of IFC is first high-profile move by Cairo to implement plan announced in January to offer investors stakes in 32 state enterprises
June 18, 2023, 5:58 PM
Redirecting fossil fuel subsidies could unlock half a trillion dollars, World Bank says
Agriculture subsidies are responsible for the loss of 2.2 million hectares of forest per year, lender says
June 16, 2023, 6:35 AM
Higher interest rates to slow global growth in 2023, World Bank says
The world economy is set to expand by 2.1% this year, slower than 3.1% in 2022, and will recover to 2.4% next year
June 06, 2023, 1:30 PM
Ajay Banga takes over as World Bank president at 'critical' moment
Executive takes up role after David Malpass stepped down early following contentious climate remarks
June 02, 2023, 11:50 AM
Lebanon's poor and vulnerable households to get $300m from World Bank
Additional financing approved for national social safety net programme
May 26, 2023, 6:46 AM
World Bank confirms Ajay Banga as next president
Former MasterCard chief executive becomes first Indian American to lead the organisation
May 03, 2023, 3:40 PM
Palestine’s economy to slump in 2023 amid geopolitical uncertainty, World Bank says
Its economy grew 4 per cent last year amid easing of Covid-19 restrictions
May 02, 2023, 1:19 PM
Global commodity prices set to fall at fastest pace since pandemic, World Bank says
The sharp drop is expected to bring little relief to the nearly 350 million people who face food insecurity, report finds
April 27, 2023, 1:30 PM
UAE among top 12 in World Bank's Logistics Performance Index 2023
Digitalising supply chains can cut port delays by 70% in emerging economies, the lender says
April 24, 2023, 9:51 AM
S&P revises Egypt's outlook to negative on currency depreciation and rising inflation
Rising external financing needs could pose downside risks to the Arab world’s third-largest economy
April 24, 2023, 8:12 AM