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World Bank Group

World Bank Group latest

Foreign debt rose by just four percent
October 3rd, 2019 - 10:30 GMT

Developing Nations Foreign Debt Soars to $7.8 Trillion in 2018

Total foreign debt held by developing nations jumped more than five percent to $7.8 trillion, driven by a surge in Chinese debt, the World Bank said in a report on Wednesday. {"preview_thumbnail":"https://cdn.flowplayer.com/6684a05f-6468-4ecd-87d5-a748773282a3/i/v-i-7…","video_id":"7c2e50c8-9b5c-4163-9815-21d6d268309b","player_id":"8ca46225-42a2-4245-9c20-7850ae937431","provider":"flowplayer","video":"Top 10 Countries with the Highest Risk of Money Laundry"} But the data show an increasing share of countries where the debt burden is rising, according to the International Debt Statistics Report. A growing appetite for yuan-denominated debt was ...
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Among MENA's greatest risks are a further slide in oil prices, escalation of conflict, and further negative effects of security challenges and social unrest in countries not entrenched in war. (File photo)
June 9th, 2016 - 05:00 GMT

Slow growth ahead: World Bank downgrades global forecast to 2.4 percent

Under the terms of the COP21 agreement, wealthier nations are expected to help finance the shift to a low-carbon economy from poor developing nations. (File photo)
April 11th, 2016 - 07:00 GMT

World Bank to invest up to $3.5B annually for renewable energy programs

Tunisian Assembly President Mohamed Ennaceur (R) shakes hands with World Bank chief Jim Yong Kim (L) and UN chief Ban Ki-moon before their meeting in Tunis on March 28, 2016. (AFP/Fethi Belaid)
March 29th, 2016 - 07:06 GMT

UN chief pledges support for Tunisia during visit

Ban Ki-moon and Jim Yong Kim will be also joined by the President of the Islamic Development Bank Group Mohammed Ali Al Madani in their visit to Lebanon. (AFP/Don Emmert)
March 20th, 2016 - 08:30 GMT

Ban Ki-moon, World Bank President to visit Jordan, Lebanon and Tunisia

The investment is also expected to help reduce greenhouse gas emissions in Lebanon. (Shutterstock)
February 15th, 2016 - 08:30 GMT

Lebanon gets $7 million IFC loan to support clean energy, address energy shortage

Al Bawaba
January 27th, 2016 - 12:00 GMT

Oman to amend laws to entice foreign investment

Al Bawaba
January 11th, 2016 - 10:27 GMT

Dubai's Propertyfinder Group raises $20M from Swedish venture capital firm

Al Bawaba
December 22nd, 2015 - 11:30 GMT

Jordan: economic inclusion of refugees requires investment partnerships

Al Bawaba
December 20th, 2015 - 09:00 GMT

Refugees make up one third of Jordan’s total population

Al Bawaba
December 17th, 2015 - 08:00 GMT

World Bank touts economic inclusion 'enterprise zones' for Syrian refugees in Jordan

The International Finance Corporation is a member of the World Bank Group. (Al Bawaba/File)
November 22nd, 2015 - 08:22 GMT

World Bank Group member IFC invests $27M in Souq.com

Al Bawaba
November 3rd, 2015 - 02:12 GMT

US First Lady to speak at education conference in Qatar

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