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          World Bank

          News from the global financial institution that provides loans and grants to developing countries, aiming to reduce poverty and foster economic development

          US President Donald Trump delivers a televised address from the White House on January 8, 2019. Reuters
          Headphones

          Business Extra podcast: Is the US economy bound for recession?

          BusinessJanuary 10, 2019
          Last month, Agility said it will invest $100 million in a digital logistics platform that allows small businesses and entrepreneurs to manage their freight and deliveries online. AFP

          Agility opens new regional distribution hub in Bahrain in push for GCC expansion

          MarketsJanuary 10, 2019
          Alexandre de Juniac, IATA director-general, says trade tensions weight on global air freight outlook in 2019. Mona Al Marzooqi/ The National

          Middle East bucks trend of flat global cargo volumes, IATA says

          AviationJanuary 09, 2019
          Pump Jacks extract crude oil from oil wells in Texas, United States. Historically, the correlation between stocks and oil has been a relatively weak one. Photo: Bloomberg

          The relationship between oil prices and equities is growing closer

          MoneyJanuary 09, 2019
          Fish sellers at Lampulo Traditional Fish Market, in Banda Aceh, Aceh, Indonesa. Growth for emerging markets is anticipated to hold steady at a weaker-than-expected 4.2 per cent this year.EPA

          Global growth to slow in 2019 on elevated trade tensions and weaker investment, World Bank says

          EconomyJanuary 08, 2019
          Dr Kim's unexpected departure nearly three years before his term was set to expire, is likely to set off a fierce battle between the Trump administration and other countries who have complained about the influence the United States exerts over the World Bank. AP

          World Bank head to step down next month

          BankingJanuary 07, 2019
          FILE PHOTO: A truck arrives to ferry excavated gold, copper and zinc ore from the main mining pit at the Bisha Mining Share Company (BMSC) in Eritrea, operated by Canadian company Nevsun Resources, February 17, 2016. REUTERS/Thomas Mukoya/File Photo

          How will commodities fare in 2019?

          EconomyJanuary 07, 2019
          Korn Ferry says average real salaries are projected to move back to positive levels this year. Chris Whiteoak / The National

          Abu Dhabi's third-quarter GDP surges 17%

          EconomyJanuary 05, 2019
          Iranians check the currency rates around an exchange shop in Tehran. EPA

          Tehran likely to devalue currency in 2019 as US sanctions bite

          MarketsJanuary 03, 2019
          Visitors bathe at the Dead Sea in the Israeli-occupied West Bank. Reuters

          Israel ready to build Red Sea-Dead Sea project with Jordan

          January 03, 2019
          US President Donald Trump and Chinese President Xi Jinping. Both seem optimistic the trade war can be resolved. EPA

          US-China trade war may crimp some GCC economic sectors in 2019

          EconomyDecember 30, 2018
          Chopped sugar cane at the entrance of a sugar mill in Cuba. REUTERS

          Sugar and cocoa industry outlook not looking too sweet in 2019, Fitch Solutions says

          EconomyDecember 28, 2018
          Security personnel secure an area in front of a billboard featuring China's late paramount leader Deng Xiaoping on the 40th anniversary of China's "reform and opening up" policy. Nicolas Asfouri / AFP

          Forty years on from Deng Xiaoping’s reforms, China stands at a crossroads

          CommentDecember 27, 2018
          Wamda Capital was able to achieve many of its objectives, turning the angel financial platform into the a venture-capital firm that is chaired by Fadi Ghandour, the founder of courier firm Aramex. Pawan Singh / The National

          Quicktake: Wamda’s journey to a second fund

          EconomyDecember 26, 2018
          “We believe these [Africa and Turkey] markets are under-served so there is a great opportunity to play an active role in financing emerging companies that are coming out of there,” said Mr Ghandour, a partner at Wamda Capital. Reem Mohammed / The National

          Exclusive: Wamda Capital to launch second $70m VC fund

          EconomyDecember 26, 2018
          Ethiopian refugee women at a camp in Moyale on the border with Kenya. Ethiopia recently reversed encampment policies and is granting refugees access to education, employment and the justice system. Brian Otieno / AFP

          A better deal for refugees means tackling the root causes of forced displacement

          CommentDecember 25, 2018
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