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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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According to Yediot Aharonot newspaper, which first broke the story, the idea dates back to the 1994 signing of a peace treaty between Israel and Jordan.
December 9th, 2013 - 11:16 GMT

Who said peace is dead? In historic moment, Jordan, Palestine, and Israel come together to save the Dead Sea

The World Bank’s anti-poverty programmes are not well-structured for countries beset by conflict, and do too little for women suffering from violence, according to internal study released Monday.
December 4th, 2013 - 01:09 GMT

Why the World Bank is ill-prepared when it comes to dealing with the Middle East

Palestinians watch an Israeli excavator destroying a Palestinian house in a village in the West Bank. (Photograph: Ahmad Gharabli/AFP/Getty images)
December 4th, 2013 - 09:01 GMT

Report: Israel to give Palestinian Authority chunk of land from Area C

Private sector investments in MENA are estimated at 13% -15% of the GDP. (Image credit: Shutterstock)
December 2nd, 2013 - 07:27 GMT

Is MENA up to meeting the demand of creating 40 million new jobs?

Many of the main services, such as Gaza's water filtration and sewage system, are in dire need of funding to continue operations in the upcoming months (Marco Longari/AFP)
November 28th, 2013 - 10:06 GMT

Qatar pledges $150 million to Palestinians to ease PA's economic woes

Qatar National Bank has given the government of Tunisia $500 million to tighten its budget deficit (Courtesy of Bloomberg)
November 24th, 2013 - 07:28 GMT

Will Qatar's $500 million loan help Tunisia solve its economic woes?

People gather near the site of the bombing Tuesday (Ahmad Omar/AP)
November 20th, 2013 - 07:01 GMT

Lebanon on verge of chaos following twin bombings Tuesday

The 2014 stimulus package is supposed to be similar to the 2013 one released by the Central Bank (Marwan Tahtah/Al-Akhbar English)
November 14th, 2013 - 08:02 GMT

Will Lebanon's $800 million stimulus actually revitalize the country's economy?

Below is a graph showing the budget allocation for fuel subsidies, SWF, and SFD (in YER million).
November 12th, 2013 - 04:55 GMT

The IMF should perhaps learn that one size fits all, especially when it comes to Yemen's subsidy reforms

Lowered international food prices have helped curb inflation in the GCC. (Image credit: Shutterstock)
November 10th, 2013 - 05:25 GMT

Why GCC's inflation is held in check

The country, the world’s third-largest gas producer, is a net importer of the fuel, according to BP’s Statistical Review.
November 5th, 2013 - 12:55 GMT

Iran burning $7billion to lead World's 'gas club'

While some progress has been made in the past 10 years, the country still faces major challenges in enhancing the quality of education, appropriate training, and development of a more efficient labor market.
November 4th, 2013 - 02:28 GMT

Saudi's other side: KSA boasting its nonhydrocarbon growth

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