Sunday 30 August 2015
 
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World Bank

Iraq gets first funding to rebuild war-hit zones

Iraq and the World Bank signed a $350 million loan agreement on Sunday to fund emergency reconstruction in towns recaptured from Islamic State militants, a deal Baghdad said marked the first international help to rebuild areas devastated by war.

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World Bank doubles education pledge to $5bn

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

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World Bank's IFC plans sukuk sale after Gulf summer

The International Finance Corp (IFC), the World Bank's lender to the private sector, has started work on a return to the market for Islamic bonds, or sukuk, with plans to issue sharia-compliant debt after summer in the Gulf region.

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World Bank cuts global growth outlook for this year

The World Bank on Wednesday cut its global growth outlook for this year and urged countries to "fasten their seat belts" as they adjust to lower commodity prices and a looming rise in US interest rates. Kaushik Basu, the

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World Bank doubles education spend to $5bn

The World Bank unveiled plans on Monday to double its investment in public education over the next five years with the main focus on improving the quality of education rather than concentrating on boosting enrollment numbers. The

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Start now for cheaper carbon-free growth - World Bank

Countries around the world can move their economies onto a path that cuts net emissions of climate-changing gases to zero at an affordable cost but they should start now, the World Bank said. The latest science says the world need

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Start now for cheaper carbon-free growth - World Bank

Countries around the world can move their economies onto a path that cuts net emissions of climate-changing gases to zero at an affordable cost but they should start now, the World Bank said. The latest science says the world need

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New toolkit to support Bahrain's businesses

The Industry and Commerce Ministry and International Finance Corporation, a member of the World Bank Group, will launch the Bahrain SME Toolkit, a report said. It is supported by Tamkeen, Bahrain Development Bank and Bahrain Chamb

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New toolkit to support Bahrain's businesses

The Industry and Commerce Ministry and International Finance Corporation, a member of the World Bank Group, will launch the Bahrain SME Toolkit, a report said. It is supported by Tamkeen, Bahrain Development Bank and Bahrain Chamb

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Egypt gets World Bank loan for key housing project

World Bank approved a $500 million loan to help Egypt finance the construction of one million housing units for low-income residents over five years, said the country's housing minister. "Between 25 and 40 per cent of the

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