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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

Rising oil prices have impacted motorists across the globe. Reuters

Energy prices to climb 32% this year as global shocks mount, World Bank says

EconomyOctober 28, 2026
Meeting challenges requires a wide range of perspectives. Abu Dhabi is well placed to encourage that exchange. Victor Besa / The National

How to make the most of Abu Dhabi 2029

EditorialOctober 20, 2026
The National

Shadi's take on Syria and the World Bank creating a national recovery fund

CartoonOctober 20, 2026
Workers begin to reconstruct buildings destroyed during the civil war in the suburb of Darayya, Damascus, on October 30, 2025. AFP

Syria and World Bank to set up recovery and rebuilding fund

EconomyOctober 18, 2026
UAE Central Bank Governor Khaled Balama and UAE Minister of State for Financial Affairs Mohamed bin Hadi Al Hussaini, with Ajay Banga and Kristalina Georgieva. EPA

World Bank and IMF meetings to be held in Abu Dhabi in 2029

EconomyOctober 18, 2026
World Bank Group president Ajay Banga addresses the annual meetings in Bangkok. Reuters

World Bank sets minerals goal as Fed’s Warsh flags financial stability risks

EconomyOctober 16, 2026
IMF Managing Director Kristalina Georgieva attends the 'WBG Flagship: Small AI: More and Better Jobs' panel at the 2026 Annual Meetings of the International Monetary Fund (IMF) and the World Bank Group in Bangkok, Thailand, 12 October 2026. More than 15,000 International financial policymakers, Central Bank governors, and development leaders including Finance Ministers from 191 countries are gathering in Thailand for the 2026 IMF-World Bank Group Annual Meetings to discuss the global economic outlook and financial stability. EPA / RUNGROJ YONGRIT

AI investment boom offsets energy shock to keep global growth at 3%, IMF chief says

EconomyOctober 12, 2026
A giant billboard reading 'The Strait of Hormuz remains closed' at Revolution Square in Tehran on April 28. AFP

World Bank says Middle East economy to contract 2.1% in 2026 due to Iran war

EconomyOctober 06, 2026
Arab Monetary Fund's Golden Jubilee celebration in Abu Dhabi on Monday. Photo: Ministry of Finance

Arab Monetary Fund marks 50 years with $11.8bn in financing

EconomySeptember 28, 2026
Artificial intelligence displays at the Canton Fair in Guangzhou, China, on April 15. Bloomberg

World Bank warns developing countries have narrow window to embrace AI

TechnologyAugust 04, 2026
Saudi Arabia's PIF sovereign wealth fund says the US remains its largest international market. AFP

Saudi Arabia's PIF and US Exim Bank sign agreement worth up to $15bn

BusinessJuly 24, 2026
Shoppers at a market in Jakarta, Indonesia. Developing economies are expected to record slower growth this year at 3.6 per cent, down from 4.4 per cent in 2025. Bloomberg

Iran war fuels slowest global growth since Covid, World Bank warns

EconomyJune 11, 2026
A woman washes clothes at an irrigation pump in Manikganj, Bangladesh. Annual water spending in developing countries totals about 0.5 per cent of their GDP. Reuters

World Bank taps private capital to build water economy and protect 1.7 billion jobs

EconomyApril 15, 2026
A man fills up at a fuel station in Ramallah, in the Israeli-occupied West Bank on April 2. The IMF and World Bank can help those at the sharp edge of the crisis unfolding around the Strait of Hormuz. AFP

It's time for the IMF and World Bank to be bold

EditorialApril 15, 2026
The International Monetary Fund headquarters. The agency has warned of a global impact from the Iran war. Reuters

IMF and World Bank face defining moment as global order begins to fracture

EconomyApril 10, 2026
International Monetary Fund managing director Kristalina Georgieva has added her voice to those warning of the long-term impact of the Iran war. AFP

IMF chief: Central banks should prepare to raise rates amid Iran war

EconomyApril 09, 2026
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