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World Bank Group

World Bank Group latest

Foreign debt rose by just four percent
October 3rd, 2019 - 10:30 GMT

Developing Nations Foreign Debt Soars to $7.8 Trillion in 2018

Total foreign debt held by developing nations jumped more than five percent to $7.8 trillion, driven by a surge in Chinese debt, the World Bank said in a report on Wednesday. {"preview_thumbnail":"https://cdn.flowplayer.com/6684a05f-6468-4ecd-87d5-a748773282a3/i/v-i-7…","video_id":"7c2e50c8-9b5c-4163-9815-21d6d268309b","player_id":"8ca46225-42a2-4245-9c20-7850ae937431","provider":"flowplayer","video":"Top 10 Countries with the Highest Risk of Money Laundry"} But the data show an increasing share of countries where the debt burden is rising, according to the International Debt Statistics Report. A growing appetite for yuan-denominated debt was ...
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Tunisia’s progressive women's right laws in MENA have not translated into increased economic opportunities. (CPI Financial)
June 22nd, 2018 - 11:00 GMT

Lending to Women Could Drive Tunisian Economic Growth

A law on the promotion of digital start-ups and entrepreneurship has been adopted in Tunisia. (Pixabay)
February 27th, 2018 - 06:00 GMT

Tunisia Adopts Law to Promote Entrepreneurship, Digital Startups

Saudi Arabia's stock market (Tadawul). (AFP/ File)
November 26th, 2017 - 06:00 GMT

Saudi Arabia Eases Requirements for Foreign Investors in Stock Market

The Kingdom is among the top 20 countries in the world, and second among the most high-income in G-20 countries. (File photo)
November 1st, 2017 - 07:48 GMT

Saudi Arabia Ranks Second in World’s High-Income Countries for Business Reforms for 2018

World Bank Group President Jim Yong Kim (L), the daughter of the US President Ivanka Trump (C) and the Managing Director of the IMF Christine Lagarde (R) attend the Women's Entrepreneurship Finance Event at the G20 Summit in Hamburg, Germany, on July 8, 2017. (AFP)
July 9th, 2017 - 11:06 GMT

World Bank, Ivanka Trump Launch $1-billion Fund for Women Entrepreneurs

National Bank of Abu Dhabi (NBAD) is spearheading the potential to unlock and promote green finance across the Middle East region. (File photo)
April 3rd, 2017 - 08:50 GMT

National Bank of Abu Dhabi lists region's first-ever green bond on London Stock Exchange

Egypt signed a second $1 billion tranche loan agreement with the director of the World Bank in Cairo in late December part of a $3 billion loan package to support Egypt’s economic reform programme. (AFP/File)
March 2nd, 2017 - 05:00 GMT

World Bank delegation to Egypt to follow up reforms progress

The source of the loan was split between  the International Bank for Reconstruction and Development and the World Bank. (File photo)
October 13th, 2016 - 05:00 GMT

Jordan inks exceptional $300M World Bank loan

The Mafraq plant is the first PV solar plant to be financed out of the four planned under the Jordanian government’s second round of solar PV projects, said the statement. (Shutterstock)
September 26th, 2016 - 04:39 GMT

Jordan secures $76M for solar power plant in Mafraq

A Palestinian boy sits amidst used clothes and items at the weekly flea market in the Nusseirat Refugee Camp, central Gaza Strip, on February 29. (AFP/File)
July 26th, 2016 - 11:00 GMT

World Bank: Private sector could be a key driver for growth in MENA

The World Bank is offering a series of loans to Jordan. (AFP/File)
July 24th, 2016 - 07:00 GMT

World Bank offers Jordan $1.4B over six years for Syria response

The International Finance Corporation sees great opportunities for Jordan to ramp up private sector participation in its economy. (Shutterstock)
July 17th, 2016 - 11:00 GMT

World Bank unveils ambitious five-year support program for Jordan

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