Wednesday 22 November 2017
 
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World Bank

UAE tops world in getting electricity: World Bank

The UAE, represented by Dubai Electricity and Water Authority (Dewa), ranked first in the world in getting electricity, as per the World Bank’s Doing Business 2018 report. The report uses multiple criteria to measure the eas

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World Bank to provide $400m for Iraq reconstruction

The World Bank has approved a $400-million financial assistance package to support the recovery, reconstruction and rehabilitation of priority infrastructure to restore delivery of public services in areas of Iraq newly liberated from Daesh.

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World Bank to provide $400m for Iraq reconstruction

The World Bank has approved a $400-million financial assistance package to support the recovery, reconstruction and rehabilitation of priority infrastructure to restore delivery of public services in areas of Iraq newly liberated from Daesh.

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Industrial commodities prices strong in Q3: World Bank

The prices of industrial commodities continued to strengthen in the third quarter, while most agricultural prices remained broadly stable, according to the World Bank. "Non-energy commodity prices rose over 2 per cent in the

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Industrial commodities prices strong in Q3: World Bank

The prices of industrial commodities continued to strengthen in the third quarter, while most agricultural prices remained broadly stable, according to the World Bank. "Non-energy commodity prices rose over 2 per cent in the

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Oil to hit $56 next year amid growing demand: World Bank

Oil prices are forecast to rise to $56 a barrel in 2018 from $53 this year as a result of steadily growing demand, agreed production cuts among oil exporters and stabilizing US shale oil production, while the surge in metals prices is expected t

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UAE non-oil growth to remain resilient this year

Non-oil growth in the United Arab Emirates is estimated to remain resilient in 2017 while Opec-mandated oil production cuts limit oil growth, said the World Bank in its UAE Economic Outlook - October 2017 report. However, in the m

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World Bank to provide $1.1bn to electrify Iran rail

The World Bank has agreed to provide €1 billion ($1.18 billion) to electrify the rail network in Iran, the head of the Iran’s regional railway authority was quoted as saying in a media report. "The World Bank has a

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World Bank launches new loan scheme for businesswomen

The World Bank on Saturday launched a public-private loan programme to support women entrepreneurs in developing countries, an initiative championed by US President Donald Trump's daughter Ivanka Trump. The program is designed

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Iran growth to slow to 4pc in 2017: World Bank

Iran is seen slowing to a 4 per cent growth rate before accelerating modestly to a 4.1 per cent pace in 2018 as limited spare capacity in oil production and difficulty in accessing finance weigh on the country's growth, a World Bank report s

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