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World Bank

World Bank latest

World Bank: 40 Percent Of Lebanese Live In Poverty
February 9th, 2020 - 11:57 GMT

World Bank: 40 Percent Of Lebanese Live In Poverty

There is an increase in the number of people living below the poverty line in Lebanon, said the director of the World Bank’s Mashreq Department, which covers Lebanon, Iraq, Syria, Jordan and Iran. Saroj Kumar Jha stressed the “necessity to take into consideration the needs of poorer sections of society in any program that would be set by the Lebanese government.” Dr. Bashir Esmat, a professor of development studies and ...
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Political instability has scared off wealthy Gulf Arab tourists and some investors.
October 26th, 2014 - 01:20 GMT

Lebanon to direct resentment of Syrian refugees towards $1 billion fiscal stimulus package in 2015

Egypt’s real GDP in FY 2013/2014 reached 2.2 percent, almost the same as in the preceding fiscal year.
October 14th, 2014 - 12:47 GMT

Accumulating optimism: Egypt GDP to grow 6% by 2018

The Central Bank chief also explained that he requested the IMF send a delegation to Lebanon "to evaluate the cost borne by the country as a result of receiving displaced Syrians."
October 13th, 2014 - 11:14 GMT

You have our blessings: IMF 'satisfied' with Lebanon's economic performance

Al Bawaba
October 7th, 2014 - 04:14 GMT

Time for the Middle East to revise its oil demand forecasts? World Bank trims China, East Asia forecast

Arab economists, media and public intellectuals must highlight the role of fossil fuel subsidies as an inhibitor, not facilitator, of economic development in the Middle East.
October 7th, 2014 - 11:18 GMT

Theory vs. the Egyptian and Yemeni reality: is reforming fuel subsidies a legitimate tool for growth or an IMF farce?

The announcement came after Madbouly’s visit  to the United States this week to meet with World Bank officials, a Tuesday statement from the ministry said.
September 25th, 2014 - 04:55 GMT

World Bank to grant Egypt $1.5 billion for sanitation, housing projects

Al Bawaba
September 24th, 2014 - 04:55 GMT

The antithesis of economic development: an inside look in to Morocco's archaic, yet alive, class system

Al Bawaba
September 17th, 2014 - 03:11 GMT

Gaza War to end seven years of consecutive growth in Palestinian economy

Al Bawaba
September 16th, 2014 - 08:38 GMT

Official: Lebanon needs $1 billion to support Syrian refugees

Abdel Nour said the government has begun taking concrete steps to address the current energy crisis in Egypt.
September 11th, 2014 - 09:49 GMT

Rekindling the fire: Egypt to consult with IMF about venues for mutual cooperation

In June 2014, the balance sheets of Bank Audi showed that 45 percent of the assets were abroad while the rest were in Lebanon and 43 percent of the total deposits were from abroad while the rest were in Lebanon.
September 9th, 2014 - 03:55 GMT

Against all odds: Bank Audi to expand in Egypt, Syria

Al Bawaba
September 5th, 2014 - 01:59 GMT

PA rolls out three-step plan for Gaza water crisis

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