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Road to Net Zero

Music & On-stage

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Road to Net Zero

Music & On-stage

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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

In this photo taken Wednesday, Dec. 5, 2018, a young boy who scavenges for recyclable materials for a living throws a rock in the air to pass the time as he takes a break while sitting on top of a mountain of garbage at the dump in the Dandora slum of Nairobi, Kenya. As the world meets again to tackle the growing threat of climate change, how the continent tackles the growing solid waste produced by its more than 1.2 billion residents, many of them eager consumers in growing economies, is a major question in the fight against climate change. (AP Photo/Ben Curtis)

Kenya's dream tech city becomes a nightmare

EconomyDecember 20, 2018

Electoral officials count votes after presidential elections in Antananarivo, Madagascar. EPA

Madagascar's Rajoelina takes early lead in presidential vote

AfricaDecember 20, 2018

Andry Rajoelina, right, casts his ballot paper as an electoral officer looks on during a runoff presidential election in Antananarivo, Madagascar, Wednesday, Dec. 19, 2018. AP

Madagascar votes in showdown between two ex-presidents

AfricaDecember 19, 2018

A bank teller counts money at the Central Bank of Aden in Yemen. AFP

War-ridden Yemen's other frontline - the central bank

December 18, 2018

“We have the calibre to reach several sectors in the country and they will be financed to create new jobs in a faster way," said Tarek Amer, governor of the Central Bank of Egypt. Reem Mohammed / The National

Egypt to provide 20bn Egyptian pounds to support microfinance, official says

BankingDecember 16, 2018

Jordanian protesters march during a demonstration against the government's decision to raise taxes in the capital Amman. AFP

Jordan arrests 17 after anti-austerity protests

December 15, 2018

Fighters from ISIS parade in a commandeered Iraqi security forces armoured vehicle in the northern city of Mosul, Iraq on June 23, 2014. AFP

Battle the causes or war on terror will be endless say experts

December 15, 2018

Tourists visit Pigeons Rock in the Rawcheh area of Beirut. Moody's cut its outlook on Lebanon's credit rating to negative from stable. AP

Moody's report on Lebanon highlights need for new government and reforms, finance minister says

EconomyDecember 15, 2018

Lebanon, which is saddled with the world’s third highest debt-to-GDP ratio of 150 per cent, is struggling to control its finances amid a stagnating economy and pressure from hosting over a million Syrian refugees. AFP

Moody's revises Lebanon's rating to negative on higher geopolitical risks

EconomyDecember 14, 2018

A general view shows vehicles drive through heavy smog in Tehran. EPA

Australian population specialist arrested by Iran for spying

December 10, 2018

While expatriates in the GCC have their retirement needs serviced by the end of service gratuity, citizens have a defined benefit scheme, which pays out a percentage of an individual’s final salary once they reach retirement age. Getty

The GCC’s pension systems are ripe for reform

MoneyDecember 10, 2018

An African visitor uses virtual reality glasses at the Africa 2018 Forum at Red Sea resort city of Sharm el-Sheikh. Reuters

Egyptian reforms are driving uptick in foreign investment, minister says

EconomyDecember 09, 2018

A farm at Witbank,South Africa. The economy has rebounded largely on the back of the agricultural sector. Reuters

South Africa out of recession but hard times remain

EconomyDecember 06, 2018

Moody's said the negative outlook would further limit Beirut's access to finance from international donors. AP

Lebanon's private sector growth worsens at slower rate in November

EconomyDecember 05, 2018

Lebanon's former prime minister Saad Hariri, speaks during a press conference. Behind him, a portrait of his late father Rafik Hariri. AP

Lebanese politician's stand-off with Hariri spirals

December 02, 2018

India, which currently imports most of its gas, ams to increase the percentage of LNG in its energy mix. AFP

India to boost gas share in its energy mix

EnergyDecember 02, 2018

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