Thursday 30 March 2017
 
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World Bank

World Bank rankings boost for Bahrain

Bahrain has jumped 69 places in the World Bank’s latest ranking for this year, thanks to a new commercial freedom legislation that was introduced in September, said a report. The country has been ranked 73 compared with the

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World Bank units back $485m Jordan power plant

International Finance Corporation (IFC) and Multilateral Investment Guarantee Agency (Miga), members of the World Bank Group, are backing the design, construction, ownership and operation of a 485-MW gas-fired power plant in Jordan to increase t

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World Bank units back $485m Jordan power plant

International Finance Corporation (IFC) and Multilateral Investment Guarantee Agency (Miga), members of the World Bank Group, are backing the design, construction, ownership and operation of a 485-MW gas-fired power plant in Jordan to increase t

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World Bank raises record $75bn to fight poverty

The World Bank is stepping up its bid to fight extreme poverty with the announcement that more than 60 governments have left it with a record $75 billion commitment to help its poorest member countries over the next three years. &

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World Bank, Ithmar to set up green infrastructure fund

The World Bank Group and Ithmar Capital, a Moroccan Sovereign Investment Fund, have entered into a deal to set up a Green Growth Infrastructure Facility for Africa (GGIF Africa), the first pan-African fund dedicated to green investment in the co

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World Bank, Ithmar to set up green infrastructure fund

The World Bank Group and Ithmar Capital, a Moroccan Sovereign Investment Fund, have entered into a deal to set up a Green Growth Infrastructure Facility for Africa (GGIF Africa), the first pan-African fund dedicated to green investment in the co

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Georgieva named World Bank lending unit CEO

World Bank Group has appointed Kristalina Georgieva, a Bulgarian national, as the new chief executive of the International Bank for Reconstruction and Development (IBRD) and the International Development Association (IDA) effective January 2.

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UAE tops in ease of doing business in Mena

The United Arab Emirates (UAE) is the Middle East and North Africa (Mena) region’s top ranked economy in ease of doing business, with a global ranking of 26, followed by Bahrain (63) and Oman (66), finds the World Bank Group's annual r

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Nearly 80 million could slide into poverty: World Bank

Natural disasters and climate change have devastating effects on cities and the four billion people who live in them today, according to a new report by the World Bank and the Global Facility for Disaster Reduction and Recovery (GFDRR).

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IFC to raise $5bn for emerging markets infrastructure

IFC, a member of the World Bank Group, has launched an innovative programme that aims to raise $5 billion from global institutional investors to modernise infrastructure in emerging markets over the next five years. The initiative

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