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Saturday, 21 November 2009 15:00 UAE time

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World Bank

Main Category: Specialized Bank
First Address : 1818 H Street, NW
City : Washington, DC
Website: www.worldbank.org


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ALL STORIES LIST


World Bank raises MENA job creation concerns

New report says private sector must lead way in creating estimated 40m jobs by 2019.

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Mideast needs to improve insolvency rules - World Bank

Top official says Arab states are lagging behind on bankruptcy, contract laws.

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Emerging markets 'havens for stolen assets' - World Bank

Top official also says corruption is costing developing nations up to $40bn a year.

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World Bank unit to list sukuk in Dubai, Bahrain

International Finance Corp announces plan to list $100m Islamic bond in Middle East.

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World Bank talks to GCC on capital raise - paper

Increases would mean more voting rights in the World Bank for Gulf Arab states.

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Mixed messages

If anything is certain at the moment, it is that nothing is certain. The voices that claim to see economic recovery are as loud as those that don’t, and for every positive sign, there are negative and ambiguous signs to match.

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Global recession set to deepen - World Bank

Below average growth seen in ME in response to lower oil prices, weaker export markets.

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'The worst is yet to come'

Former World Bank chief James Wolfensohn warns that the global economy is facing a long road to recovery.

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Job creation is ME's biggest challenge - ex-World Bank chief

James Wolfensohn tells summit in Doha that job creation is vital for region's future.

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Crisis control

Auguste Kouame, lead economist for the MENA at the World Bank discusses the effects of the economic crisis on the region.

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Labour camps most at risk from swine flu - top official

EXCLUSIVE: Health chief says cramped conditions would spread any infection.

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Beltone launches small/mid-cap fund

Egypt's Beltone Private Equity to invest in local and Gulf firms offering growth potential despite downturn.

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Global economic crisis set to worsen

IMF report estimates up to 90 million people worldwide will suffer extreme poverty this year.

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Qatar predicted to grow during global crisis - World Bank

Senior World Bank official praises Gulf state for its efforts during slowdown.

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MENA nations to see 'significant impact' of crisis

World Bank's lead economist says gov't officials must respond to issues like job losses.

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Trust me, I have $1bn stashed in the bank

Wondering where all those Arthur Andersen accountants went? It may have been India.

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MENA growth in 2009 to slow to 3.9% - World Bank

New report says turbo-charged Middle East region will be hit by continuing global crisis.

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Gaza banks on verge of collapse

Israel's blockage of Hamas-run Gaza Strip creating cash shortage that could bring down banking system.

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West shuns Doha meeting amid financial crisis

Western leaders and heads of IMF and World bank will not attend UN aid conference.

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Ramallah rising

Amid political and economic turmoil, the city of Ramallah has established itself as a rare example of stability.

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Saudi's long road to being business-friendly

Despite a recent report, much work remains for Saudi Arabia to truly be a friendly place to do business.

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World Bank lists top ME countries for construction

A World Bank report has put Bahrain on the top of the list of Middle Eastern countries that require the least amount of procedures to attain construction permits.

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UAE's Emcredit lauded by World Bank

Private credit info firm major factor in Gulf state's improving business environment.

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World Bank calls for action on contraceptives

More funding is needed for family planning issues in developing countries, the World Bank has said, citing new data that reveals 51 million unplanned pregnancies occur because women lack access to contraceptives.

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Middle East peace deal possible - British PM

British Prime Minister Gordon Brown insists Israel/Palestine gap can be bridged.

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Yemen gov't in drug fight

Cultivation of narcotic leaf 'Qat' threatens food security, depletes water supplies needed for crops.

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UAE slips in World Bank business ranking

UAE falls 4 places in ease of business survey, sparking concern.

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Tight times

There's little relief in sight from feedstock pressure for the world's petrochemical industry.

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Russian roulette?

Russia's new found wealth has seen global investors looking to cash in on its property market.

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Supermarkets weep

The cost of basic foodstuffs is soaring and the bad news for Gulf shoppers could be about to get worse.

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World Bank vows stronger Arab ties

Body pledges to increase involvement to help address common challenges across region.

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Water torture

Gulf governments need to ramp up investment in their water industries to avoid severe future shortages.

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Gulf economies risk water torture

The amount of water available for each person in the Middle East will halve by 2050 according to World Bank statistics.

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Rising from adversity

Gulf investors are eyeing opportunities in Zimbabwe, despite the country’s woes.

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Gulf eyes use for gas flares

Qatar, Kuwait, Oman to sign up to World Bank programme aimed at cutting carbon emissions.

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UAE business mired in red tape

Bureaucracy makes Emirates most difficult of all GCC countries to do business in, says World Bank.

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UAE council to boost foreign investment

Emirates National Competitiveness Council will make it easier to do business, minister says.

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Arab world failing children

Literacy levels falling behind those of other developing regions due to quality of education, study finds.

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Conservation ethics

The state of cultural heritage in the UAE.

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Minding the gap

Qatar is taking the lead in creating a knowledge-based economy. Mohammed Sergie asks if it will succeed.

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Planning ahead

The 2006 figures for carbon trading show that climate change is already having a major impact on global financial markets. Edward Poultney explains why companies need to be prepared and get in at ground level.

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World Bank buys stake in Oman's Alliance

Oman's Alliance Housing Bank says World Bank agrees to buy 9.9% at $37.45 million.

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Towering achievements

ArabianBusiness on the towering achievements of Malaysians and Malaysia.

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Gateway to China

Can Hong Kong work as an investment platform into the world's most populous nation for Middle East investors?

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Egypt, Saudi best business reformers

The two Middle Eastern nations led global business reform in 2006/7, says World Bank and IFC.

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World Bank spends $2.6bn in MENA in 2007

Bank's commitment to region funded over 40 projects designed to enhance business and empower the poor.

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The business of pleasure

From samba music to business conferences, Rio de Janeiro is fast becoming the ideal destination for anyone seeking a unique business and pleasure getaway.

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KSA draws US$18.3bn in FDI

Saudi Arabia has reported unprecedented levels of foreign direct investment (FDI) in 2006, the Saudi Arabian General Investments Authority (SAGIA) has revealed.

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Solar solution

The latest developments in the worldwide use of solar power for electrical and thermal energy.

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World Bank to fund $3.4bn of projects in Iran

Assistance strategy to be signed in September, aims to boost Iran's economic prospects.

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READER COMMENTS

  1. Somali pirates free UAE-owned cargo ship 02
    21 Nov ' 09 at 07:58
    In the old days pirate ships were blown out of the water as soon as spotted.Now they have to wait until they attack a ship and then...   More  »
  2. UAE announces Eid and National Day holidays 01
    20 Nov ' 09 at 15:56
    Eid and National Day are two great occassions and very close to each other. It would be a great act for the UAE authorities to extend...   More  »
  3. Where have all the optimists gone? 01
    20 Nov ' 09 at 16:54
    Dubai unfortunate is not more in fashion, the bubble was big , the growing went fast and the down turn even faster.Many of my clients...   More  »

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