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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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Some of the Iraqi people being displaced in their homes in Nineveh province. /AFP
September 4th, 2019 - 12:37 GMT

How a Paperless Generation in Iraq are Driving a New Displacement Crisis

Sudan's new Prime Minister Abdalla Hamdok speaks during a press conference in Khartoum on Wednesday, August 21, 2019.
August 27th, 2019 - 09:44 GMT

Sudan's PM Plans to Transform Country's Economy

The World Bank revised its GDP growth estimate for Lebanon to just 0.2 percent from 1 percent in 2018. (Shuttertock)
April 9th, 2019 - 09:09 GMT

World Bank: Lebanon’s GDP Growth to Decline to 0.2 Percent

The US Congress building in Washington. (AFP)
April 7th, 2019 - 11:30 GMT

Lebanese Lawmakers in US to Discuss Hezbollah, Israel

When the population is large, this makes it hard for the economy to achieve the desired growth. (Shutterstock)
April 7th, 2019 - 05:33 GMT

Overpopulation Hindering Egypt's Economic Progress

The WB partly and indirectly attributed the revival of growth to policies that reduced the GCC’s reliance on oil revenues in addition to UAE’s investments in infrastructure in preparation to host Expo 2020. (Asharq Alawsat)
April 3rd, 2019 - 08:15 GMT

World Bank Projections on Countries' Region's Economy

The forecast indicates a slight drop from previous projections by the World Bank, as a previous report earlier this year expected the Kingdom’s growth for 2019 to reach 2.3 per cent, 2.4 per cent in 2020 and 2.7 in 2021. (Shutterstock)
April 3rd, 2019 - 07:19 GMT

World Bank: Jordan Economy to Grow by 2.2 Percent in 2019

Ziad Alexandre Hayek. (Twitter)
March 6th, 2019 - 12:02 GMT

Lebanon Withdraws Nomination of Hayek as World Bank President

Nearly half of the World Bank’s $18 million loan to overhaul Beirut’s airport will be invested in a “fast-track link” to ease congestion and manage passenger flow before the summer. (Twitter)
March 6th, 2019 - 10:38 GMT

$9 Million 'Fast-Track Link' to Ease Congestion in Beirut's Airport

World Bank Urges Egypt to Prioritize Women's Participation in the Economy. (Shutterstock)
March 6th, 2019 - 09:19 GMT

World Bank Urges Egypt to Prioritize Women's Participation in the Economy

Britain's Prime Minister Theresa May talks with greets King Abdullah II of Jordan inside 10 Downing Street in London on February 28, 2019, at the beginning of their meeting. (AFP)
March 3rd, 2019 - 08:26 GMT

International Donors Pledge $1.8 Billion to Help Jordan's Economic Transition

The cost of the Syrian war on Lebanon amounts to about $14 billion. (Shutterstock)
January 31st, 2019 - 10:42 GMT

Central Bank Still Confident With Lebanon’s Economy Despite Regional Woes

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