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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

          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

          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
          Collapsed buildings in Aleppo. The estimated cost of reconstruction in Syria varies from $250 billion to $500 billion. AFP

          World Bank clears Syria of $15.5m debt

          EconomyMay 16, 2025
          Putting a stop to flaring is expected to result in environmental and economic benefits. Reuters

          UAE hosts World Bank meeting to curb global gas flaring by 2030

          EnergyMay 01, 2025
          US Treasury Secretary Scott Bessent called on the International Monetary Fund and World Bank to refocus on their core missions. Reuters

          Reforms needed at IMF and World Bank, US Treasury Secretary says

          USApril 23, 2025
          How surging gold prices are affecting sales down at the Gold Souq. Deira, Dubai. Chris Whiteoak / The National

          Middle East economic growth to pick up pace in 2025

          EconomyApril 23, 2025
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