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TN Magazine Special reports Weekend

Road to Net Zero

Music & On-stage

Fashion & Beauty

Road to Net Zero

Music & On-stage

Fashion & Beauty

Start Date

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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

IMF Managing Director Kristalina Georgieva speaks during a curtain-raiser speech ahead of the 2024 spring meetings at the fund's headquarters in Washington. Bloomberg

Spring meetings begin as Trump tariffs loom over world economy

EconomyApril 21, 2025

World Bank President Ajay Banga says his institution has had active discussions with the new US administration. Bloomberg

World Bank president urges more open trade among developing countries

EconomyApril 16, 2025

A bank customer holds a placard reading 'The new president's priority must be depositors' savings' during a demonstration in downtown Beirut. EPA

Lebanon's bank customers won't see the $93 billion they're owed 'any time soon'

BusinessApril 16, 2025

Buildings destroyed by Israeli strikes near the border wall in the southern Lebanese village of Ramia. AFP

Lebanon needs $11bn for post-war recovery, says World Bank

EconomyMarch 07, 2025

Destruction across the city of Jabalia in the Gaza Strip. The UN, World Bank and EU say it will cost $53 billion to rebuild Gaza. AP

Gaza not ready for rebuilding amid security and governance hurdles, UN says

MENAFebruary 19, 2025

Saudi Arabia and other Opec+ members extended their voluntary production cuts in December last year. AFP

Voluntary Opec+ production cuts reduce Middle East’s 2025 outlook, World Bank says

EconomyJanuary 16, 2025

A market in Cairo. Egypt held the most external debt in the Middle East and North Africa last year, World Bank data shows. EPA

World Bank: Middle East and North Africa debt climbs to a record $443bn

EconomyDecember 03, 2024

President Joe Biden at the G20 Summit in Rio de Janeiro, Brazil. Mr Biden's pledge is part of his efforts to future-proof alliances and his climate legacy. AP

Biden pledges $4bn to World Bank for poorest countries

USNovember 19, 2024

The price of Brent crude oil is expected to average $80 per barrel this year, before falling to $73 and $72 per barrel in 2025 and 2026, respectively, according to the World Bank. Reuters

'Oil glut' could limit impact of Middle East conflict on crude prices

BusinessOctober 29, 2024

The finance ministers of Bahrain, Saudi Arabia, Kuwait and Qatar attend a GCC discussion on the sidelines of the IMF and World Bank annual meetings in Washington. Kyle Fitzgerald / The National

Gulf ministers highlight economic potential of integration at IMF and World Bank meetings

BusinessOctober 24, 2024

Palestinians wait for aid lorries in the central Gaza Strip on May 19, 2024. AP

Gaza and West Bank in 'largest economic crisis to date'

EconomyOctober 20, 2024

An Israeli strike in Lebanon. The economic cost of the Middle East conflict goes beyond what indicators can measure, the World Bank says. Getty Images

World Bank downwardly revises outlook for Mena economic growth

EconomyOctober 16, 2024

People receive chemotherapy for cancer, provided free of charge at hospital run by the Syrian American Medical Society Foundation, in Idlib, Syria. EPA

Cancer patients fleeing war zones deprived of crucial support

HealthSeptember 17, 2024

Childrens are seen playing in one of slum area with skyscrapers as background in Jakarta, highlight soaring global inequalities. Getty Images

Eighty years on from Second World War, can West eradicate poverty?

NewsSeptember 06, 2024

Egypt faced a severe foreign currency crisis last year that led to the emergence of a parallel market in the country and a drop in remittances through official channels. EPA

Remittances to Mena's low-income countries set to grow at fastest pace

EconomyJune 27, 2024

A cargo ship moves from the Francis Scott Key Bridge to the Seagirt Marine Terminal at the Port of Baltimore in the US. The World economy is expected to be driven by moderate increases in trade and investment in the coming years. Reuters

Global growth to stay steady at 2.6% in 2024, World Bank says

EconomyJune 11, 2024

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