World Bank Group deploys $157 bn to fight
Covid-19 pandemic
The world economy is expected to grow by 5.6% in 2021...
World Bank
World Bank Group deploys $157 bn to fight
Economic growth in East Asia and Pacific to be slower this year: World Bank
As the Covid-19 cases rise in different parts of the world, World...
Egypt’s economic rebound to slow down
According to the World Bank, the country’s economic growth slumped 3.5 percent...
Middle East’s economic recovery will be modest, says World Bank
The Kingdom’s IHS Market Saudi Arabia Purchasing Managers’ Index was 57 in...
Nigeria’s privatised power sector deteriorating: World Bank
The reports indicate that 47% of Nigeria’s population doesn’t have access to...
World Bank reports indicates 4.9% contraction in Malaysia’s economy
Malaysia’s GPD is expected to surge between 5.5% and 8% next year...
Kenya receives $750 million development package from IDA
The funding will also be used to complete the Horn of Africa...
IFC to invest $10 mn in Egypt’s energy sector
The funding will go towards helping Globaltronics expand on the installation of...
Singapore’s GIC acquires stake in Myanmar’s Yoma Bank
In latest investing round, GIC and Norway’s Norfund AS will purchase around...
Fintech startup Currencycloud raises $80 mn led by Visa
Currencycloud, a financial technology startup based in the United Kingdom, markets payment...