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World Bank

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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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Saudi women are one of the most economically powerful women in the Middle East.
September 30th, 2013 - 04:30 GMT

Despite all, Saudi women upbeat about future empowerment

A feasibility study into the GCC rail project was concluded in 2009 and the scheme is expected to involve the construction of 2,177 kilometers of track and cost at least $15.5 billion to $20 billion.
September 24th, 2013 - 09:59 GMT

GCC Rail Network: from concept to execution

The level of financial exclusion in MENA is particularly worrying given demographic and economic participation trends.
September 22nd, 2013 - 11:07 GMT

Is the MENA scene ripe for microfinance?

Young Syrian refugees from Aleppo beg with their mother (L) on the steps of a bank in a street in Beirut on September 18, 2013. (AFP)
September 18th, 2013 - 11:53 GMT

UN: 2.3 million Syrian refugees in Lebanon by 2014

As Kapoor wallowed in debt and lost his dream, thousands of workers were also caught in a spell of unemployment, lost their income or had their salaries cut (Photocredit: Shutterstock).
September 11th, 2013 - 10:16 GMT

As the world commemorates other events, UAE expats remember their recession days

Despite the rising influx of refugees, the Lebanese state has yet to draft a comprehensive plan to meet increasing needs, particularly in the health and education sectors.
September 8th, 2013 - 12:45 GMT

World Bank to attempt and rectify Syria's economic toll on Lebanon

Algeria is especially sensitive to food price fluctuations due to its high dependency on food imports.
August 24th, 2013 - 04:55 GMT

Algeria's very own oil for food program

If not managed appropriately, a rapidly growing population of young people could lead to an increased rate of unemployment amongst 15 to 25 year olds, a figure which already stands at around 30 per cent.
August 23rd, 2013 - 09:07 GMT

Saud Arabia's bulging youth: unlimited potential or potentially unlimited unemployment?

The proposed bank, Ensour added, would not accept deposits in order not to compete with commercial banks in the Kingdom.
August 20th, 2013 - 02:02 GMT

Going small? Jordan to finance SME's

The economy is now more vulnerable than any time since Hosni Mubarak was deposed two and a half years. ago.
August 18th, 2013 - 08:54 GMT

Will Egypt's economy be able to withstand the bloodbath?

Al Bawaba
August 17th, 2013 - 12:37 GMT

A Sinai Spring

Beijing’s growing commercial ties with Arab countries are challenging the US for regional influence, at a time Washington is eager to wind down military involvement in the region.
August 15th, 2013 - 12:02 GMT

China invested in the Arab Spring

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