The World Bank division that lends to the world's poorest countries is preparing to raise billions of dollars from capital markets next year after winning top-tier, first-ever credit ratings from Moody's Investors Service and Standard an
The World Bank and other major development banks are investing far too little in getting electric power to poor people around the globe, and should allocate at least half their energy budgets to such projects, environmental groups said.
The Jeddah-based Islamic Development Bank (IDB) has signed a SR200 million ($53.3 million) deal to provide medical care for poor rural people with a non-governmental organisation (NGO) in India, according to a report.
About 20 per cent of telephone users in Bahrain are dissatisfied with the service they get, according to a new survey, reported the Gulf Daily News (GDN), our sister publication.
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The Green Climate Fund, which is due to deliver billions of dollars to help poorer nations deal with climate change in the coming years, is aiming to allocate money to a first set of projects in November, ahead of a major UN climate conference
Leading learning company Pearson has welcomed the World Bank’s renewed commitment to improving basic education in some of the world’s poorest countries.
On the eve of the World Education Forum in South Korea, the Presi
The widening gap between haves and have-nots in much of the developed world not only raises concerns about the fraying social fabric - it's also dramatically holding back economic growth, according to a new global study.
A new $15.2 million project was signed in Rome aimed at reducing rural poverty, vulnerability and inequality in Jordan by creating employment and income-generating opportunities for the rural poor, especially women and youth.
The southeast African nation of Malawi said it plans to use the $15 million it gained from selling its presidential jet to feed the more than 1 million people suffering chronic food shortages.
Malawi angered Western donors, whose