Lebanon’s economic collapse is likely to rank among the world’s worst financial crises since the mid-19th century, the World Bank said in a damning ...
Saudi Arabia’s investments in digital infrastructure have eased the burden of coronavirus lockdown measures, the World Bank said in a blog post Monday ...
The Palestinian economy could shrink by as much as 11 percent in the coming year as the coronavirus pandemic inflicts yet another blow to the ...
The International Monetary Fund and World Bank on Wednesday called for governments to put a hold on debt payments from the world’s poorest nations so ...
The World Bank on Tuesday announced an initial $12 billion in immediate funds to assist countries grappling with the health and economic impacts of ...
A World Bank bond designed to deliver funding to help the world’s poorest countries to tackle fast-spreading diseases has lost half its value as ...
The World Bank called on Monday for countries to step up programs to fight the new coronavirus outbreak, and said it was considering mobilizing its ...
Women’s rights at work have improved globally since 2017, the World Bank said on Tuesday, with 40 countries introducing rules such as longer ...
Lebanon’s sovereign dollar-denominated bonds rallied on Thursday after caretaker Prime Minister Saad Hariri discussed the possibility of ...
Lebanon’s caretaker prime minister Saad Hariri on Thursday asked international funding bodies for support in drawing up an emergency rescue plan ...
US President Donald Trump on Friday called for the World Bank to stop loaning money to China, one day after the institution adopted a lending plan to ...
The World Bank said on Saturday its lending to China has fallen sharply and will continue to be pared back, after US President Donald Trump demanded ...
China needs to make better use of its various policy tools to boost the economy, Premier Li Keqiang said on Thursday. All possible means ...
The World Bank said on Wednesday it stood ready to back a new Lebanese government and warned that the country had no time to waste to fix economic ...
Darren Davis, CEO of Saudi Arabian Mining Company (Maaden), said the Kingdom's investments were key in developing the country's mining industry, ...
Saudi Arabia jumped 30 places in the World Bank’s Ease of Doing Business 2020 Index and took the 62nd position, making the Kingdom the ...
World Bank President David Malpass said on Thursday that clarity over Britain’s exit from the European Union would strengthen the outlook for ...
The World Bank said on Thursday it expected Algeria’s economy to grow by 1.3 percent this year, down from 1.5 percent in 2018 and lower than the ...
Sudan’s transitional government will launch in October a 9-month economic rescue plan to stabilize the economy, Finance Minister Ibrahim ...
Despite last month’s receipt from Israel of funds it owed, the Palestinian Authority still faces a financing gap that could top $1.8 billion, ...
The World Bank said Thursday it is again reviewing a loan to China to provide vocational education to the Muslim Uighur minority, but has “no ...
Lebanon has taken a sound path with reforms in its 2019 draft budget and power sector but it will have to keep going, World Bank MENA vice president ...
The World Bank on Tuesday downgraded its forecast for the global economy in light of trade conflicts, financial strains and unexpectedly sharp ...
More than 150 million people are gaining access to electricity every year, reducing the ranks of those who live without power, but this is not enough ...
The risk that global economic growth could slow more than expected spurred a call on Friday from top finance officials for countries to overcome trade ...
The global economy is slowing more than expected and a sharp downturn could require world leaders to coordinate stimulus measures, the International ...
David Malpass, US President Donald Trump’s nominee to lead the World Bank, won unanimous approval from the institution’s executive board ...
Global growth in 2019 should be even slower than previously expected but a “precarious” rebound later this year is likely, the head of the ...
Lebanon has not done enough to enact economic reforms, its Finance Ministry cited a World Bank official as saying on Friday, pointing to the impending ...
US President Donald Trump’s pick to lead the World Bank appeared headed for approval as a nomination deadline passed on Thursday with no ...
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