Syria gets US$225 million World Bank water health aid
Syria will receive US$225 million in World Bank grants to rebuild water and health services after years of conflict damage nationwide....
Tag : World Bank
ADB unveils fund to speed ASEAN power grid plans
MANILA: The Asian Development Bank has launched a new multi-partner trust fund with about $25 million in initial backing to accelerate preparation of cross-border energy and transmission projects in Southeast Asia. The new vehicle, called the Regional Connectivity Fund for Energy in Southeast Asia, is aimed at advancing the ASEAN Power......
World Bank projects strong UAE economic growth through 2027
MENA Newswire, ABU DHABI: The World Bank has forecast that the United Arab Emirates economy will grow by 5 percent in 2026 and 5.1 percent in 2027, positioning the country among the fastest growing economies in the Middle East and well above the projected global average. The outlook was published in the......
Global Digital Summit 2025 tackles digital divide and growth
The World Bank Group’s Global Digital Summit highlights efforts to enhance digital public infrastructure and close the digital gap worldwide....
Potential US pullback from IMF could impact credit ratings
US Treasury Secretary Scott Bessent’s absence at G20 fuels fears of an American retreat from the IMF and World Bank, raising concerns over global financial stability....
World Bank sees India as a key driver of global economic growth
The World Bank reaffirms confidence in India’s economic growth, citing strong resilience, investment appeal, and progressive policies that drive the country’s global economic leadership....
World Bank projects UAE GDP growth of 4.1% in 2025
The UAE is projected to see GDP growth of 3.3% in 2024 and 4.1% in 2025, driven by a robust non-oil sector, according to the World Bank's latest MENA Economic Update released today....
WHO report highlights new global pandemic risks for 2024
The WHO has warned of rising pandemic threats in a report highlighting recent disease outbreaks, including Marburg virus, Mpox, and avian influenza, and urges stronger global preparedness....
World Bank predicts 4.8 percent expansion in UAE’s non-oil sector in 2023
The World Bank has released its projection stating that the United Arab Emirates (UAE) is expected to experience a robust growth of 4.8% in its non-oil sector in 2023, contributing to an overall GDP growth of 2.8%. This growth is driven by strong domestic demand, particularly in sectors such as......
Global education targets hindered by $97 billion funding gap, UNESCO reports
A recent UNESCO report has revealed that a $97 billion funding shortfall is standing in the way of countries reaching their 2030 national education targets. The study, titled “Can countries afford their national SDG4 benchmarks?” was prepared by the Global Education Monitoring (GEM) Report of the UN Educational, Scientific and......