World Bank - Global Business Magazine

World Bank okays $500 million loan to Egypt to fight food crisis

Global Business Magazine July 20, 2022

The World Bank has approved a $500 million loan to bolster Egypt’s efforts to ensure that poor and vulnerable households have uninterrupted Read More

Economy Featured News Regional

UAE economy achieves remarkable growth in H1 of 2022

Global Business Magazine July 18, 2022

The UAE economy has achieved remarkable growth in many economic sectors during the first half of 2022, most notably in the tourism and Read More

Finance Featured News Regional

EMs see $4 billion outflows in June amid fears of global recession

Global Business Magazine July 8, 2022

The Institute of International Finance (IIF), the global association of the financial industry, with close to 450 members from 70 countries, on Thursday said Read More

Economy Featured News Regional World

The World Bank has warned that the global economy could face stagflation

Global Business Magazine July 5, 2022

The World Bank and the Organization for Economic Cooperation and Development (OECD) both slashed their estimates for economic growth, citing the ongoing Read More

Economy Featured News Regional

The economies of the Gulf Cooperation Council will grow by 5.9 % in 2022

Global Business Magazine June 9, 2022

According to the new report by the World Bank, the economies of the Gulf Cooperation Council (GCC) are projected to expand by 5.9% Read More

Economy Featured News Regional

The UAE central bank forecasts real GDP growth of 4.2 % in 2023

Global Business Magazine June 9, 2022

The Central Bank of the UAE released its annual report for 2021 in the middle of this month, stating that GDP growth in 2021 Read More

Economy Featured News Regional

GCC economies set to grow by 5.9% in 2022

Global Business Magazine June 7, 2022

The economies of the Gulf Cooperation Council (GCC) are projected to expand by 5.9% overall in 2022, with this recovery likely to continue in Read More

Economy News World

World Bank’s Malpass says war in Ukraine may trigger global recession

Global Business Magazine May 26, 2022

World Bank President David Malpass on Wednesday suggested that Russia's war in Ukraine and its impact on food and energy prices, as Read More

Economy Featured

GCC Lures Foreign Investors, UAE Is Preferred Destination For Attracting FDIs

Global Business Magazine January 28, 2022

The Gulf Cooperation Council (GCC) region has been attracting foreign capital and the UAE is the preferred destination for investors for the Read More

Economy Featured Regional

Malaysian Timber Council Eyes Middle East, Africa and South Asia Markets As Economies Re-open

Global Business Magazine January 27, 2022

After being in a limbo for nearly two years, the Malaysian Timber Council (MTC) is focussing on new business opportunities in Middle Read More

Tags :World Bank