World Bank backs Morocco hydropower storage with $265m
RABAT, MOROCCO / MENA Newswire / – The World Bank has approved $265 million to support Morocco’s Ifahsa Pumped Hydropower...
Tag : World Bank
World Bank approves US$700 million loan for Jordan jobs
AMMAN, JORDAN / MENA Newswire / – The World Bank approved a US$700 million loan for Jordan to support private...
Egypt secures $1 billion World Bank reform support
Egypt gains new World Bank funding to boost private sector jobs, strengthen fiscal stability and support greener growth goals nationwide....
Syria gets US$225 million World Bank water health aid
Syria will receive US$225 million in World Bank grants to rebuild water and health services after years of conflict damage...
ADB unveils fund to speed ASEAN power grid plans
MANILA: The Asian Development Bank has launched a new multi-partner trust fund with about $25 million in initial backing to accelerate...
UAE’s GDP expected to rise 4.1% in 2025 says World Bank
The UAE is projected to see GDP growth of 3.3% in 2024 and 4.1% in 2025, driven by a robust...
WHO urges urgent global action as pandemic risks grow
The WHO has warned of rising pandemic threats in a report highlighting recent disease outbreaks, including Marburg virus, Mpox, and...
World Bank predicts 4.8 percent expansion in UAE’s non-oil sector in 2023
The World Bank has released its projection stating that the United Arab Emirates (UAE) is expected to experience a robust...
Global education targets hindered by $97 billion funding gap, UNESCO reports
A recent UNESCO report has revealed that a $97 billion funding shortfall is standing in the way of countries reaching...
US nominates former Mastercard CEO, Ajay Banga, to lead World Bank
US President Joe Biden nominated former Mastercard CEO Ajay Banga to lead the World Bank, crediting his experience with global...