Tag: World Bank
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...
World Bank appoints new CEO to its private sector arm IFC
The international financial institution World Bank has named Makhtar Diop as the new managing director of its private sector arm, the International Finance Corp...
Global economy to grow by 4% in 2021; World Bank
The latest semi-annual forecast from the World Bank expects the global economy to grow by 4 percent while the body warns that rising COVID-19...
