Poverty reaches 44% in Lebanon – World Bank
Poverty in Lebanon has surged to 44 per cent of the population over the last decade, with 1 in 3 Lebanese living in…
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World Bank
World Bank assesses Cairo’s major waste management project
The World Bank mission concluded on Sunday its mid-term review of the Greater Cairo Air Pollution Management and…
Egypt to boost private sector with IFC – minister
In a bid to bolster Egypt's private sector, Rania Al-Mashat, the Minister of International Cooperation and Governor…
World Bank head expects answers for African leaders’ request
World Bank President Ajay Banga expressed confidence that donor countries will fulfil African leaders' request for…
Uganda secures $295m loan from S. Arabia’s IDB
Uganda has recently inked a deal with the Islamic Development Bank (IDB) of Saudi Arabia, securing a $295 million…
Bridgewater, Global Citizen partner to aid developing nations
Bridgewater Associates and advocacy group Global Citizen have joined forces to offer macroeconomic research aimed…
Egypt leaps forward in sustainable finance ranking by SBFN
The Sustainable Banking and Finance Network (SBFN) upgraded Egypt's rating from "Developing" to "Advancing" in its…
Commodity prices to decline by 3% in ’24 – World Bank
The World Bank projects a 3 per cent decline in commodity prices for 2024 and an additional 4 per cent drop in…
Gold prices to see 8% rise in ’24 – World Bank
Gold prices are expected to hold steady near their recent record highs for the remainder of 2024, resulting in an…
World Bank pauses $150m funding for Tanzanian tourism project
The World Bank halted $150 million funding for a Tanzanian tourism project, responding to long-standing appeals…