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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

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

World Bank President Ajay Banga and International Monetary Fund Managing Director Kristalina Georgieva during a panel discussion in Marrakesh, Morocco. Reuters

The IMF and World Bank need reforms to continue aiding global development

CommentFebruary 03, 2026

Lebanon faces reconstruction costs in the billions of dollars following Israeli attacks as well as its precarious economic situation. EPA

World Bank approves $350m to help Lebanon support poor and vulnerable

MENAJanuary 27, 2026

Donald Trump speaks at the UN General Assembly in New York. AFP

US leverages institutions to advance revamped 'America First' agenda

USDecember 26, 2025

The Dubai skyline. The expansion of non-hydrocarbon exports is well under way in the Gulf, with the UAE leading the charge in diversification, the World Bank said. AFP

Gulf states must fast-track AI and reforms to sustain growth, World Bank says

EconomyDecember 04, 2025

Damaged buildings in the Midan neighbourhood of Aleppo, Syria. AP

World Bank puts Syria's postwar reconstruction cost at $216bn

EconomyOctober 21, 2025

IMF managing director Kristalina Georgieva delivers a speech ahead of the annual meetings in Washington. Bloomberg

Syria's comeback tour returns to Washington for IMF and World Bank gatherings

USOctober 13, 2025

Internally displaced Palestinians carry bags of flour near a food distribution point in Zikim, northern Gaza, on July 27. EPA

World Bank's chief regional economist warns of 'cycle of poverty' in Gaza

EconomyOctober 07, 2025

Shoppers at a supermarket in Abu Dhabi. Economic growth in the Gulf region is forecast to increase by 3.5 per cent this year. Victor Besa / The National

World Bank increases Middle East growth forecast on minimal tariff impact

EconomyOctober 07, 2025

King Fahd Highway in Riyadh. The World Bank's new regional office is located in the kingdom's capital. Bloomberg

World Bank boosts Middle East presence with new office in Saudi Arabia

EconomySeptember 22, 2025

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