The World Bank Announces Increased Funding for Climate Protection and Global Challenges

The World Bank Announces Increased Funding for Climate Protection and Global Challenges

die The World Bank wants to give more loans to poor countries that want to Climate protection and deal with other cross-border problems. Funding commitments from several countries, including Germany, are expected to increase the size of the loan The World Bank increase by an additional 70 billion US dollars (nearly 66 billion euros) over … Read more

Saudi Market Sees 0.4% Decline in Oil Prices, World Bank Raises Expectations for Economic Growth

Saudi Market Sees 0.4% Decline in Oil Prices, World Bank Raises Expectations for Economic Growth

The price of oil in the Saudi market recorded a decline of 0.4% in the Saudi market yesterday, Tuesday, as the market closed at 12,198 points, and trades amounted to 9.2 billion riyals. It was announced that the World Bank raised expectations for economic growth in the Kingdom to 4.1% during the year 2024, in … Read more

25,000 CZK less. Including babies. Kovanda calculated how much the Czechs lost

25,000 CZK less.  Including babies.  Kovanda calculated how much the Czechs lost

19.11.2023 20:35 | Monitoring The Czech economy is still like a colander, says economist Lukáš Kovanda. The wealth of the Czech Republic disappears abroad in the form of dividends. At the same time, there is no balanced inflow of investment into the country. According to World Bank data, Czechs have less wealth than they actually … Read more

Egyptian Government Partners with International Finance Corporation to Empower Private Sector and Sell Assets

Egyptian Government Partners with International Finance Corporation to Empower Private Sector and Sell Assets

Title: Egyptian Government Partners with International Finance Corporation to Sell Assets Worth $40 Billion Cairo, Egypt (CNN) – In a significant move to boost the private sector and accelerate economic growth, the Egyptian government has entered into a contract with the International Finance Corporation (IFC), the arm of the World Bank Group, to provide technical … Read more

Global Growth Expected to Slow Down in 2023: Analysis by The World Bank

Written by Abdel Halim Salem Saturday, June 10, 2023 10:00 PM Global growth is expected to slow down in 2023 to 2.1%, and the tightening of global financial conditions and the decline in external demand will affect growth rates in emerging market and developing economies, according to The World Bank . Downside risks include a … Read more

Egypt’s Economy Expected to Lead Middle East Growth, According to World Bank Report

a sh a Wednesday, 07 June 2023 05:26 PM The World Bank expected that the Egyptian economy would lead the growth of the economies of the Middle East region, with a growth of 4% during the current fiscal year, to continue its progress over the countries of the region until 2025. According to a World … Read more

World Bank Raises Global Economic Growth Forecast and China’s Economic Growth Forecast in Latest Report

Share to WeChat Open WeChat, click “Discovery” at the bottom,Use “scan” to share the webpage to Moments. China Business News 2023-06-07 12:44:33 Editor in charge: Hao Yunying On the 6th local time, the World Bank released the latest “Global Economic Prospects” report, which raised the forecast for global economic growth in 2023 and raised the … Read more

“US Treasury Secretary congratulates Ajay Banga on World Bank Presidency”

“I sincerely congratulate Ajay Banga on his election as President of the World Bank. Ajay Banga will bring to this important position the necessary leadership and management skills, experience of living and working in emerging markets, and knowledge in the financial field,” said US Treasury Secretary Janet Yellen. She noted that Banga will lead the … Read more

An understanding between “Abu Dhabi Development” and “International Finance”

Abu Dhabi (WAM) The Abu Dhabi Fund for Development signed a memorandum of cooperation with the International Finance Corporation of the World Bank Group, during the activities of the World Government Summit, with the aim of strengthening strategic cooperation between the two sides in several areas, including providing joint financing to support national private sector … Read more