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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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Al Bawaba
May 7th, 2015 - 08:08 GMT

Must try harder: Arab Economic Forum addresses regional failures to raise average growth rates

Al Bawaba
March 12th, 2015 - 08:28 GMT

What will it take for the UAE to impose a VAT tax?

Al Bawaba
October 5th, 2014 - 07:38 GMT

Iraq strife could trigger higher oil prices - IMF’s Lagarde

Bank Audi, the largest Lebanese bank in terms of assets and deposits, operates in 13 countries.
September 24th, 2014 - 11:36 GMT

Lebanon's Bank Audi increases capital by $300 million

The performance of the Kuwaiti economy as benchmarked by global indexes is not commensurate with its potentials.
July 20th, 2014 - 01:10 GMT

Kuwait: the GCC's underachiever?

The UAE, Qatar and Saudi Arabia retained the top three positions as having the most attractive tax rates in the world.
November 21st, 2013 - 02:06 GMT

UAE, Qatar, and Saudi Arabia recognized for 'most attractive tax rates in the world'

Despite the World Bank news, statistics show that nearly 40% of Saudi Arabians live below the poverty line. [thearabguardian]
November 4th, 2013 - 08:12 GMT

Numbers Game: World Bank names Saudi "lowest poverty rate" in Arab countries, despite local outcry for help

Saudi Arabia ranks tenth lowest poverty rate globally according to the recent World Bank poverty report, but measuring poverty is often done in absolute rather than relative terms (Shutterstock)
November 3rd, 2013 - 06:47 GMT

Saudi Arabia touts tenth lowest poverty rate worldwide

UAE and KSA rank 23rd and 26th within the World Bank report's global ranking (Courtesy of Global Arab Network)
October 30th, 2013 - 07:25 GMT

World Bank ranks UAE and KSA top in region for "ease of doing business"

Oil sanctions on Iran have created instability and lack of transparency in the markets
October 13th, 2013 - 11:48 GMT

What Iran's economy minister has to say about sanctions

The inequitable division of the Middle East's economic pie has long been at the heart of the region's political and economic woes.
August 15th, 2013 - 09:25 GMT

The MENA's perplexing economic pie

The clearest ways for the region’s IPIs to contribute is to continue improving their proactive provision of quality business information and, especially, to adopt procedures and systems that will allow every valid investor inquiry to be well answered.
August 14th, 2013 - 08:43 GMT

How to address a dire need for increased investments in the MENA region

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