Tag : World Bank

Business

World Bank backs Morocco hydropower storage with $265m

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RABAT, MOROCCO / MENA Newswire / – The World Bank has approved $265 million to support Morocco’s Ifahsa Pumped Hydropower Storage Project, a 300-megawatt clean...
Business

World Bank approves US$700 million loan for Jordan jobs

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AMMAN, JORDAN / MENA Newswire / – The World Bank approved a US$700 million loan for Jordan to support private investment, job creation and economic...
Business

Egypt secures $1 billion World Bank reform support

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Egypt gains new World Bank funding to boost private sector jobs, strengthen fiscal stability and support greener growth goals nationwide....
Business

Syria gets US$225 million World Bank water health aid

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Syria will receive US$225 million in World Bank grants to rebuild water and health services after years of conflict damage nationwide....
Business

ADB unveils fund to speed ASEAN power grid plans

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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...
Business

World Bank projects strong UAE economic growth through 2027

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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,...
Featured News

Global Digital Summit 2025 tackles digital divide and growth

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The World Bank Group’s Global Digital Summit highlights efforts to enhance digital public infrastructure and close the digital gap worldwide....
Featured News

World Bank sees India as a key driver of global economic growth

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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....