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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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Last month, the Iraqi army began a wide-ranging campaign aimed at liberating the cities of Rawa and Al-Qaim (AFP/File)
November 2nd, 2017 - 01:33 GMT

Iraqi Forces Recapture More Territory from ISIS in Anbar

The package represents additional financing to the Iraq Emergency Operation for Development Project. (Shutterstock)
November 2nd, 2017 - 12:16 GMT

World Bank to Provide $400 Million for Iraq Reconstruction

For the first time since 1986, Oman’s remittance inflows this year is projected to reach $40 million, according to a World Bank report. (File photo)
October 30th, 2017 - 10:56 GMT

For First Time Since 1986, Oman’s Remittances Reach $40 Million

Some of the 1.5 million Syrian refugees registered in Lebanon (Wikimedia)
October 28th, 2017 - 11:31 GMT

Lebanon to Encourage Syrians to go Home by Registering Their Births

On Oct. 6, the Trump administration lifted long-standing economic sanctions on Sudan (AFP/File)
October 19th, 2017 - 07:07 GMT

US: No Debt Relief for Sudan Until Removed from Terrorism Blacklist

The UAE currently ranks 25th internationally for the efficiency of its judicial system and 33rd on the Rule of Law Index (Shutterstock/File)
October 15th, 2017 - 03:00 GMT

Online Trials: UAE Judicial System Will Leap into the Future

According to Turkey's Deputy Prime Minister Mehmet Simsek, the US-Turkey visa row is only a temporary dispute that will be resolved soon. (AFP)
October 12th, 2017 - 01:03 GMT

Turkey-US Visa Row Likely to Be Resolved Soon: Deputy PM

Lebanese Politician Nabih Berri
September 20th, 2017 - 12:30 GMT

Lebanon Rejects Trump's Proposal to Settle Syrian Refugees in Region

The US stance toward the Middle East is negatively impacting business and regional growth, according to experts. (AFP/ File)
September 19th, 2017 - 05:00 GMT

Opinion: US Stance Towards Middle East Negatively Affecting Economy and Growth

While cash remains king in the UAE, consumers are becoming less reliant on paper money. (File photo)
September 17th, 2017 - 02:23 GMT

Technology Is Changing the Way UAE Residents Spend Money: Here’s How

A displaced child from the Islamic State (IS) group's Syrian stronghold of Raqa, drinks water. (AFP)
August 30th, 2017 - 08:55 GMT

Middle East’s Future Depends on Better Water Management, Says World Bank

An expatriate in the UAE spends an average of Dh6,000 (~$1,630) per year on money transfers, according to a new report. (File photo)
August 24th, 2017 - 11:52 GMT

UAE Expats Spend $1,630 Per Year on Money Transfers: Report

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