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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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The United Nations flag. (Shutterstock)
July 27th, 2016 - 07:44 GMT

Are refugees, IDPs overlooked in UN’s sustainable development goals?

Lebanon's Shia movement Hezbollah acts as a parallel government in parts of the country, providing a range of social services. (AFP/Rouba El Husseini)
July 21st, 2016 - 06:13 GMT

Lebanon to ensure local banks comply with US anti-Hezbollah law

The Middle East, along with Afghanistan and Pakistan, is set to see economic growth of 3.4 per cent this year and 3.3 per cent for 2017. (AFP/File)
July 21st, 2016 - 05:41 GMT

IMF predicts growth in Middle East but warns of Brexit impact on global economy

Pro-Erdogan supporters celebrate in Ankara on July 17, 2016 following the failed coup attempt. (AFP/Adem Altan)
July 18th, 2016 - 09:00 GMT

Devaluation, shaken investors, tourism slump: Will the Turkish economy follow Egypt's fate?

Jordanian police seen on patrol in Amman. (File photo)
June 23rd, 2016 - 09:00 GMT

Protesters in Jordan’s Madaba clash with police over unemployment

A US found that integrating solar power into the grid is complex because, utility system operators would need to favor one source of supply over the other to maintain market balance. (Shutterstock)
June 16th, 2016 - 01:03 GMT

Renewable energy costs could drop by up to 59 percent in five years: IRENA

Thirty-five separate ranking criteria put Tunisia at the top of Arab countries on the Good Country Index. (AFP/File)
June 9th, 2016 - 12:19 GMT

Top Arab country on the ‘Good Country Index’ is… Tunisia!

Iraqi forces near Falluja. (photo: AFP)
May 9th, 2016 - 05:33 GMT

United Nations manager: 'I forget whether I supported the Iraq War'

The World Bank aims to end routine gas flaring at oil production sites around the world by 2030. (Shutterstock)
May 9th, 2016 - 10:00 GMT

Iran wastes $3.5B a year in natural gas flaring

Some 2.8 million Syrians currently residing within Turkey’s borders offer beneficial opportunities for Turkey if they are integrated into society and the economy. (File photo)
May 9th, 2016 - 09:59 GMT

Syrian refugees can be 'an invaluable resource' in Turkey

Due to oversupply around the world and low global demand, crude oil prices began falling in June 2014 from $115 per barrel.  (File photo)
April 27th, 2016 - 08:00 GMT

Hope on the horizon as World Bank forecasts oil price rise to $41 a barrel

The UNHCR has praised a recent move by the Jordanian government to ease restrictions on Syrians working in Jordan. (File photo)
April 26th, 2016 - 09:05 GMT

UNHCR: Access to work ‘improving’ for Syrian refugees in Jordan

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