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          World Bank

          Collapsed buildings in Aleppo. The estimated cost of reconstruction in Syria varies from $250 billion to $500 billion. AFP

          World Bank clears Syria of $15.5m debt

          EconomyMay 16, 2025
          Putting a stop to flaring is expected to result in environmental and economic benefits. Reuters

          UAE hosts World Bank meeting to curb global gas flaring by 2030

          EnergyMay 01, 2025
          US Treasury Secretary Scott Bessent called on the International Monetary Fund and World Bank to refocus on their core missions. Reuters

          Reforms needed at IMF and World Bank, US Treasury Secretary says

          USApril 23, 2025
          How surging gold prices are affecting sales down at the Gold Souq. Deira, Dubai. Chris Whiteoak / The National

          Middle East economic growth to pick up pace in 2025

          EconomyApril 23, 2025
          IMF Managing Director Kristalina Georgieva speaks during a curtain-raiser speech ahead of the 2024 spring meetings at the fund's headquarters in Washington. Bloomberg

          Spring meetings begin as Trump tariffs loom over world economy

          EconomyApril 21, 2025
          World Bank President Ajay Banga says his institution has had active discussions with the new US administration. Bloomberg

          World Bank president urges more open trade among developing countries

          EconomyApril 16, 2025
          A bank customer holds a placard reading 'The new president's priority must be depositors' savings' during a demonstration in downtown Beirut. EPA

          Lebanon's bank customers won't see the $93 billion they're owed 'any time soon'

          BusinessApril 16, 2025
          Buildings destroyed by Israeli strikes near the border wall in the southern Lebanese village of Ramia. AFP

          Lebanon needs $11bn for post-war recovery, says World Bank

          EconomyMarch 07, 2025
          Destruction across the city of Jabalia in the Gaza Strip. The UN, World Bank and EU say it will cost $53 billion to rebuild Gaza. AP

          Gaza not ready for rebuilding amid security and governance hurdles, UN says

          MENAFebruary 19, 2025
          Saudi Arabia and other Opec+ members extended their voluntary production cuts in December last year. AFP

          Voluntary Opec+ production cuts reduce Middle East’s 2025 outlook, World Bank says

          EconomyJanuary 16, 2025
          A market in Cairo. Egypt held the most external debt in the Middle East and North Africa last year, World Bank data shows. EPA

          World Bank: Middle East and North Africa debt climbs to a record $443bn

          EconomyDecember 03, 2024
          President Joe Biden at the G20 Summit in Rio de Janeiro, Brazil. Mr Biden's pledge is part of his efforts to future-proof alliances and his climate legacy. AP

          Biden pledges $4bn to World Bank for poorest countries

          USNovember 19, 2024
          The price of Brent crude oil is expected to average $80 per barrel this year, before falling to $73 and $72 per barrel in 2025 and 2026, respectively, according to the World Bank. Reuters

          'Oil glut' could limit impact of Middle East conflict on crude prices

          BusinessOctober 29, 2024
          The finance ministers of Bahrain, Saudi Arabia, Kuwait and Qatar attend a GCC discussion on the sidelines of the IMF and World Bank annual meetings in Washington. Kyle Fitzgerald / The National

          Gulf ministers highlight economic potential of integration at IMF and World Bank meetings

          BusinessOctober 24, 2024
          Palestinians wait for aid lorries in the central Gaza Strip on May 19, 2024. AP

          Gaza and West Bank in 'largest economic crisis to date'

          EconomyOctober 20, 2024
          An Israeli strike in Lebanon. The economic cost of the Middle East conflict goes beyond what indicators can measure, the World Bank says. Getty Images

          World Bank downwardly revises outlook for Mena economic growth

          EconomyOctober 16, 2024
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