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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

              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
              The Central Bank of Iraq Tower in Al Jadiriyah district in Baghdad. Iraq is looking to attract more investment to boost its economy. AFP
              Play01:59

              IFC pledges $1 billion to boost Iraq’s private sector

              EconomySeptember 14, 2025
              The World Bank funding will also help Lebanon to carry out sustainable management of rubble in conflict-affected areas. AFP

              World Bank allocates $400m for war-devastated Lebanon and Syria reconstruction

              EconomyJune 25, 2025
              The World Bank projects the UAE economy to grow at 4.9 per cent in 2026 and 2027. Antonie Robertson/The National

              World Bank upgrades UAE growth forecast to 4.6% this year

              EconomyJune 11, 2025
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