Tag: World Bank
MENA region’s GDP will grow 2.4% in 2021; World Bank
According to the World Bank, the Middle East and North Africa's (MENA) gross domestic product (GDP) would expand by 2.4 percent in 2021, owing...
World Bank forecasts 5.6% global growth in 2021; Fastest since 1973
The Washington-based international financial institution World Bank has increased its global growth forecast for 2021 to 5.6 percent, predicting the fastest economic rebound in...
Saudi Arabia, World Bank pledge $100mn worth fund to develop sustainable...
According to Saudi Arabia's tourism Minister Mr. Ahmed Al Khateeb, the country in partnership with the World Bank has pledged $100 million to establish...
Spread of trade gains could play key role in COVID-19 recovery;...
The international financial institution World Bank has stated that global trade has led to development and poverty reduction over the last three decades, but...
World Bank issues 5-year bond worth $2.5bn for sustainable development
The international financial institution World Bank has priced a $2.5 billion 5-year Sustainable Development Bond maturing in July 2026.
The deal has attracted a wide...
G24 calls for global collaboration to limit COVID-19 impact
The intergovernmental group of Twenty-Four (G24) has urged international financial institutions including the World Bank and the International Monetary Fund (IMF) to provide full...
World Bank unveils key elements of new Climate Change Action Plan
The international financial institution World Bank Group’s new Climate Change Action Plan will increase climate finance, focus on climate results and impact, improve and...
UAE leads in ‘Women, Business and the Law’ 2021 index in...
The UAE has secured the prime position in the Middle East and North Africa (MENA) region rankings of the World Bank’s newly published 2021...
