Pakistan bears largest share of rising MENAAP poverty
– Pakistan accounts for about 48% of people living in extreme poverty across the Middle East, North Africa, Afghanistan and...
Tag : World Bank
UAE GDP projected to rise 5 percent according to World Bank
The international financial community maintains a highly positive outlook on the economic trajectory of the United Arab Emirates. Recent macroeconomic...
World Bank backs Morocco hydropower storage with $265m
The World Bank has approved $265 million to support Morocco’s Ifahsa Pumped Hydropower Storage Project, a 300-megawatt clean energy facility...
World Bank approves US$700 million loan for Jordan jobs
The World Bank approved a US$700 million loan for Jordan to support private investment, job creation and economic reforms. The...
Egypt secures $1 billion World Bank reform support
CAIRO: The World Bank Group has approved US$1 billion in new financing for Egypt to support private sector-led job creation, bolster macroeconomic and...
Syria gets US$225 million World Bank water health aid
WASHINGTON: The World Bank’s Board of Executive Directors approved US$225 million in grant financing from the International Development Association for Syria on April...
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
MENA Newswire News Desk: The United Arab Emirates (UAE) is projected to see its Gross Domestic Product (GDP) grow by...
WHO urges urgent global action as pandemic risks grow
MENA Newswire News Desk: The World Health Organisation (WHO) has issued a stark warning about emerging global threats, highlighting that the...
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...