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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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Jordan may have struck gold in securing much-needed energy resources as it starts the commercial exploitation of its oil shale reserves
May 7th, 2014 - 12:43 GMT

Forget the US, forget Saudi Arabia: Could Jordan's development of oil shale be the true game changer here?

Al Bawaba
May 1st, 2014 - 01:18 GMT

Hundreds of delegates attend ICC Banking Commission meeting in Dubai

Jordan's public debt now exceeds 80 percent of the country's GDP (File Archive)
April 27th, 2014 - 09:13 GMT

All reform jargon aside, is Jordan's economic plan truly comprehensive?

High unemployment among youth in the Middle East has encouraged more people to engage in freelance work as their main source of income when jobs are not available (File Archive)
April 27th, 2014 - 08:58 GMT

Creativity at its finest: How MENA youth are transforming their unemployment plight

The World Bank warned that Lebanon may not have the capacity to cope with the influx of Syrian refugees (File/AFP)
April 24th, 2014 - 02:20 GMT

Lebanon’s economy not out of the deep end yet, World Bank says

Cairo no longer wields the same leverage it once did when upriver sub-Saharan countries were too poor to build such huge projects themselves.
April 24th, 2014 - 01:21 GMT

Damned or courageous? An inside look into Ethiopia's decision to thwart Egypt and build the Nile dam all by itself

Al Bawaba
April 23rd, 2014 - 12:49 GMT

Asia to overtake U.S. as Israel's biggest exporter

In order to incentivise more Jordanian companies to join the programme, Jordan Customs is introducing new mechanisms that include revised and less stringent requirements and more benefits.
April 23rd, 2014 - 02:55 GMT

Jordan revises 'Golden List Program'

Dimian noted that the annual meeting between Egypt and the IMF will be scheduled after the presidential elections, slated to take place in May.
April 17th, 2014 - 02:55 GMT

Third time's a charm? Egypt gives stimulating economy with UAE money another shot

Al Bawaba
April 16th, 2014 - 10:11 GMT

World Bank approves loan for Lebanon as part of Reform Project

Al Bawaba
April 16th, 2014 - 02:55 GMT

Is Iran's economy already thriving amidst limited sanctions relief? Apparently so!

In September 2013, the World Bank removed Iran from its list of deadbeat borrowers, saying the Islamic Republic had paid outstanding loan amounts.
April 15th, 2014 - 02:55 GMT

Knocking all doors: Iran seeking World Bank finances for development projects

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