World Bank to introduce $1b debut hybrid
The World Bank is planning to introduce a debut hybrid note worth up to $1 billion on the capital markets this…
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the World Bank
UAE violates its own gas flaring ban as Cop28 host
Oil and gas fields which run by the United Arab Emirates (UAE) have been flaring gas virtually daily, as the…
Israeli attacks could lead to oil price spike – World Bank
The Israeli attacks on Gaza could trigger price hikes for raw materials like oil and agriculture products, the…
World Bank to hire new president by May
The World Bank said on Wednesday that it will hire a new president by May, since the current president David…
World Bank cuts 2023 economic growth forecasts to 1.7%
The World Bank (WB) slashed its growth forecasts for most countries and regions to 1.7 percent for 2023, compared…
World Bank’s IFC Acquires 18% Of Fawry Shares
International Finance Corporation(IFC), subsidiary of the World Bank, has acquired 18% of the Fawry Electronic Bill…
World Bank Approves Loans for Kenya-Ethiopia Power Line
The World Bank on Thursday approved loans totaling $684 million for Ethiopia and Kenya to finance a cross-border…
Fresh Hunger Crisis Hits Somalia
Poor rains and continuing conflict in Somalia are threatening the recovery from last year's famine, the charity…
