Pakistan bears largest share of rising MENAAP poverty
– Pakistan accounts for about 48% of people living in extreme poverty across the Middle East, North Africa,...
Tag : World Bank
UAE GDP projected to rise 5 percent according to World Bank
The international financial community maintains a highly positive outlook on the economic trajectory of the United Arab Emirates....
World Bank backs Morocco hydropower storage with $265m
The World Bank has approved $265 million to support Morocco’s Ifahsa Pumped Hydropower Storage Project, a 300-megawatt clean...
World Bank approves US$700 million loan for Jordan jobs
The World Bank approved a US$700 million loan for Jordan to support private investment, job creation and economic...
Egypt secures $1 billion World Bank reform support
CAIRO: The World Bank Group has approved US$1 billion in new financing for Egypt to support private sector-led job creation, bolster...
Syria gets US$225 million World Bank water health aid
WASHINGTON: The World Bank’s Board of Executive Directors approved US$225 million in grant financing from the International Development Association for Syria...
ADB unveils fund to speed ASEAN power grid plans
MANILA: The Asian Development Bank has launched a new multi-partner trust fund with about $25 million in initial backing...
Global Digital Summit 2025 tackles digital divide and growth
The World Bank Group hosted the second Global Digital Summit in Washington, D.C., bringing together leaders from the...
Potential US pullback from IMF could impact credit ratings
Concerns over the United States' commitment to global financial institutions are intensifying following U.S. Treasury Secretary Scott Bessent’s...
World Bank sees India as a key driver of global economic growth
The World Bank has reaffirmed its confidence in India's economic potential, emphasizing that the country remains a key...