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Reforms undertaken by Nigeria's government are "essential" but have piled pressure on its people, more than half of whom live in poverty, the World Bank has said. Since coming...
The UAE GDP is projected to grow at 3.3 per cent in 2024, rising to 4.1 per cent in 2025, according to the World Bank’s latest semi-annual MENA Economic Update, released today....
World Bank President Ajay Banga said on Tuesday that war damage from Israeli strikes on Gaza is now probably in the $14-20 billion range, and destruction from Israel's bombing...
G20 financial leaders said on Friday the global economy was likely heading for a “soft landing”, but warned wars and escalating conflicts could endanger this outlook, while more global cooperation...
The UAE’s real GDP is projected to grow by 3.9 per cent in 2024 and expand to 4.1 per cent in 2025, according to the World Bank’s latest Global Economic...
The UAE concluded its participation in the 2024 Spring Meetings of the International Monetary Fund (IMF) and the World Bank Group (WBG) held in Washington D.C. Chairing the 109th joint...
Al Hussaini held several bilateral meetings with finance ministers from Pakistan, UK, US among other countries The United Arab Emirates concluded its participation in the 2024 Spring Meetings of...
The World Bank has raised its forecast for the UAE’s real GDP growth to 3.9% in 2024, compared to its previous forecast in January of 3.7%. In an economic update...
The rate of inflation in Pakistan is right now the highest in the last 50 years as it is for the first time since 1974 that the country is witnessing...
Gulf Today, Staff Reporter The UAE has been appointed to chair the World Bank’s Cloud Computing Working Group, in recognition of the country’s remarkable progress in advanced technology and...
