World Bank

World Bank warns of ‘prolonged depression’ in Lebanon
Middle East

World Bank warns of ‘prolonged depression’ in Lebanon

BEIRUT (AP) — Lebanon’s economy faces an “arduous and prolonged depression,” with real GPD projected to plunge by nearly 20…
Egypt launches first green bonds in Middle East and Africa, worth US$750 mn
Business

Egypt launches first green bonds in Middle East and Africa, worth US$750 mn

Egypt’s International Cooperation Minister and the Governor of Egypt at the World Bank, Rania al-Mashat said that Egypt has succeeded…
World Bank approves $12B to finance virus vaccines, care
World

World Bank approves $12B to finance virus vaccines, care

The World Bank has approved $12 billion in financing to help developing countries buy and distribute coronavirus vaccines, tests, and…
World Bank allocates US$200 million for clean air project in Cairo
Egypt

World Bank allocates US$200 million for clean air project in Cairo

The World Bank’s board of executive directors has approved a new project to improve air quality, combat climate change, reduce…
World Bank: Lebanon blast caused damage up to $4.6 billion
World

World Bank: Lebanon blast caused damage up to $4.6 billion

BEIRUT (AP) — The massive explosion in Beirut earlier this month that killed and injured thousands of people has caused…
The technocratic state!
Opinion

The technocratic state!

On July 23, the US Carnegie Endowment for International Peace published a joint article by Egyptian researcher Amr Hamzawy and…
World Bank says ready to mobilize financing for Lebanon blast recovery
Middle East

World Bank says ready to mobilize financing for Lebanon blast recovery

WASHINGTON (Reuters) — The World Bank Group said on Wednesday it stands ready to assess Lebanon’s damage and needs after…
Donors pledge US$1.8 bn for Sudan’s democratic transition
Middle East

Donors pledge US$1.8 bn for Sudan’s democratic transition

BERLIN (AP) — Western and Arab countries pledged a total US$1.8 billion in aid to Sudan on Thursday to help…
World Bank provides US$400 mn to boost health insurance in Egypt
Egypt

World Bank provides US$400 mn to boost health insurance in Egypt

CAIRO, June 16 (Reuters) — The World Bank said on Tuesday it would provide US$400 million to support universal health…
Virus pummels global economy, jobs – even without 2nd wave
World

Virus pummels global economy, jobs – even without 2nd wave

ARIS (AP) — The virus crisis has triggered the worst global recession in nearly a century — and the pain…
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