world bank

World Bank accuses Lebanese politicians of cruelty over deposit promises

Lebanon is in the third year of a financial meltdown that has left eight in ten people poor.


Despite political instability, Israel in healthy state for coming economic storm

Israel is expected to grow in 2022 by 4.8%, compared with 4.9% in the previous forecast – a minor decline that most Western countries would be more than willing to accept.

By Daniel Georgi
A participant stands near a logo of World Bank

Palestinians need stronger ties to Area C, World Bank said

"Area C remains key to Palestinian economic development but access to this area remains severely limited," the World Bank said.

IMF expects 'significant' pledges for new Resilience and Sustainability Trust

Officials expected significant pledges to come in, although it could take longer to reach the full target, Craig Beaumon said.

A participant stands near a logo of World Bank

World Bank preparing $1.5 billion aid package for Ukraine

"The World Bank was created in 1944 to help Europe rebuild after World War II. As we did then, we will be ready to help Ukraine with reconstruction when the time comes," WB president said.


World Bank halts Russia programs as ICC war crimes investigation begins

The decision came as the US issued further sanctions against Moscow on Wednesday.

A participant stands near a logo of World Bank

World Bank temporarily relocates staff from Ukraine - internal memo

The World Bank said it was closely monitoring the situation at the border, where Russia has massed a huge force within striking distance of Ukraine.

Aerial view of the Sheikh Zayed Road, following the outbreak of coronavirus disease (COVID-19), in i

UAE CEOs most upbeat globally on business rebound

In the UAE, the headline Purchasing Managers Index rose from 55.7 in October to a two-and-half-year high of 55.9 last month.

By Issac John/Khaleej Times/TNS

Israeli technology protects millions of Ghanaian residents from floods

The technology can be used to design a dam system and protect river tides to reduce the risk of floods.

Donor funding to PA dropped 85% since 2008, World Bank says

Donor funding fell by 38% in the last year, after standing at $488 million in 2020. The Word Bank blamed the sharp decline in 2021 on the lack of donations from Arab countries in the Gulf.

Subscribe for our daily newsletter
Subscribe for our daily newsletter

By subscribing I accept the terms of use and privacy policy