Monday 8 February 2016
 
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World Bank

World Bank slashes 2016 oil price forecast

The World Bank has slashed its forecast for crude oil prices by $14 to $37 per barrel for 2016, it said on Tuesday, amid growing supply and weak demand prospects from emerging markets. In its annual Commodity Markets Outlook, the

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World Bank slashes 2016 oil price forecast

The World Bank has slashed its forecast for crude oil prices by $14 to $37 per barrel for 2016, it said on Tuesday, amid growing supply and weak demand prospects from emerging markets. In its annual Commodity Markets Outlook, the

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Egypt wins $500m WB funding for 1m housing units

Egyptian government has reached an agreement with the World Bank on a $500-million loan which will be used to build a million residential units under its 'social housing' project, said a report. The loan will be paid back by Egy

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Egypt wins $500m WB funding for 1m housing units

Egyptian government has reached an agreement with the World Bank on a $500-million loan which will be used to build a million residential units under its 'social housing' project, said a report. The loan will be paid back by Egy

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Morocco public transport gets $200m backing

The World Bank has announced a $200 million programme to improve urban mobility in Morocco, particularly in the quality and management of public transport. The transport programme will focus on cities of over 100,000 inhabitants i

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Morocco public transport gets $200m backing

The World Bank has announced a $200 million programme to improve urban mobility in Morocco, particularly in the quality and management of public transport. The transport programme will focus on cities of over 100,000 inhabitants i

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Morocco public transport gets $200m backing

The World Bank has announced a $200 million programme to improve urban mobility in Morocco, particularly in the quality and management of public transport. The transport programme will focus on cities of over 100,000 inhabitants i

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Bahrain inks health deal with World Bank

The health care system in Bahrain received a major boost yesterday with the signing of a BD1.5 million ($3.97 million) deal with the World Bank. The agreement will help streamline the health care system, as it was revealed that th

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AAOIFI to host World Bank summit on Islamic banking

Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) will host the AAOIFI – World Bank Annual Conference on Islamic Banking and Finance on December 6 and 7 in Manama, Bahrain. The conference is or

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World Bank unit boosts UAE e-commerce investment

IFC, a member of the World Bank Group, and the IFC Asset Management Company are investing $27 million in Souq, one of the largest e-commerce platform in the Middle East and North Africa (Mena). The investment will support the comp

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