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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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For Illustrative Purposes (Wikimedia Commons/ Pasquale D’Silva)
August 14th, 2013 - 04:56 GMT

Saudis Tweet Salary Displeasure

For example, to start a business in Lebanon, a local entrepreneur needs more than one year’s full income(more than US$ 9000) – but only 0.8% of income per capita to do so in United States.
August 13th, 2013 - 02:17 GMT

The red lines in the Lebanese flag extend to its business environment

While trade, an abundance of historically cheap food on international markets, and for some oil - sold at high prices - have combined to create an unexpected resilience in the face of water scarcity, such lessons may not travel well in the developing world.
August 13th, 2013 - 11:29 GMT

The Middle East's delicate balance of trade: exporting oil and importing water

With the exception of Bank Audi, which posted a 21.78 percent increase in net loans, the loan portfolios of Byblos, BLOM, Bank of Beirut and BEMO contracted respectively by 0.48 percent, 0.67 percent, 1.37 percent and 4.39 percent.
August 7th, 2013 - 11:54 GMT

Lebanese banks suffering contractions

Although an economic segment like any other, waste management in Morocco is still heavily underexploited. A large part of it operates in an informal manner, with an estimated 10,000 people delving through bins and dumps for recyclable goods.
August 7th, 2013 - 09:08 GMT

Wasting Opportunities in Morocco

Syran refugee children at Zaatari camp awaiting their turn to play football at a workshop organized by Brazilian  coaches (Al Bawaba)
August 6th, 2013 - 06:39 GMT

Caught between football and a hard place: Syrian children inside and outside the camp

A Syrian widow eats dinner with her children at a refugee camp in Lebanon (AFP)
July 30th, 2013 - 09:18 GMT

Lebanon to seek UN aid for Syrian refugees

Long-term maturity period loan carries a low interest rate than other international financial institutions
July 29th, 2013 - 09:55 GMT

World Bank provides Jordan with $150m loan

Syrian refugees, a widow and her two children, eat a meal in their tent at a refugee camp in Lenanon (AFP/JOSEPH EID)
July 27th, 2013 - 05:47 GMT

Lebanese Minister denies reports of World Bank loans

The World Bank said it is fully in compliance with international and U.N. sanctions against Iran
July 22nd, 2013 - 08:55 GMT

Iran answers back: blames sanctions and denies missing loan payments

The World Bank said it is fully in compliance with international and U.N. sanctions against Iran
July 22nd, 2013 - 08:55 GMT

Iran denies missing World Bank payments, blames sanctions

Iranian banks were disconnected from the global financial network, making payment transfers to or from Iran very difficult
July 21st, 2013 - 08:55 GMT

Iran in economic distress: Skipped loan payments spark concern

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