Wednesday , 15 August 2018

Tag Archives: World Bank

Digital transformation of Service Economy can drive growth across Middle East and Africa says World Bank

Rabah Arezki, Chief Economist for Middle East and North Africa Region (MNA) at the World Bank will be addressing this subject in a Keynote Speech: “A new economy for MENA – how the service economy and digital transformation can drive growth and job creation across the region” Investment into digital transformation in the major Cities of the Middle East and …

Read More »

World Bank agrees $1.15bn loan to Egypt

World Bank has approved $1.15bln in a development policy financing loan to support Egypt’s economic reform programme. The World Bank has approved $1.15 billion in a development policy financing loan to support Egypt’s economic reform programme. This loan is the last in the series of three annual loans—called the Fiscal Consolidation, Sustainable Energy, and Competitiveness Development Policy Financing loans – …

Read More »

World Bank released its 2017 Doing Business Report, Oman is ranked 66 globally and 3rd among Arab countries

The Sultanate scored 1st amongst the Arab countries and 32 globally, advancing by 127 points compared to the previous report. The World Bank 2017 Doing Business Report was released yesterday 25th October and is focused on “Equal Opportunity for All”. The Sultanate of Oman has achieved a major breakthrough in this report by advancing by 3 ranks to be ranked …

Read More »

GOIC hosts a meeting to discuss a methodology to assess the performance of Saudi SMEs

The Gulf Organization for Industrial Consulting ( GOIC ) held a meeting to discuss a project to develop a comprehensive annual methodology to assess SMEs in Saudi Arabia at the Organization’s headquarters in Doha, Qatar from the 27th till the 29th of July 2015. The Saudi Ministry of Commerce and Industry had tasked GOIC with this project. The meeting was …

Read More »

New global coalitions for green tech solutions

By T. V. Padma – SciDev.Net The global community needs three kinds of new ‘coalitions’ of countries that can spur innovations and cut down costs in green technologies, and deliver affordable energy to all people, says Kandeh Yumkella, chief executive officer of the UN Sustainable Energy for All initiative. Yumkella told the 14th Delhi Sustainable Development Summit last week (6—8 …

Read More »

Tunisia / Seeking Proposals for Social Accountability Projects

Tunisian civil society organizations are once again invited to compete for financing through the Global Partnership for Social Accountability (GPSA). The GPSA will fund civil society organizations in Tunisia working in the field of social accountability. Social accountability work is wide ranging and includes activities like public disclosure of budgets; access to information, user satisfaction surveys; community scorecards and IT-based …

Read More »

World Bank Supports Libya in Building the Institutions of its New State

The World Bank Group is closely engaged with the new authorities in Libya to support the country’s transition to a stable and prosperous future using the energy of its young people and its natural endowments to the benefit of its citizens. This was the message delivered by World Bank Middle East and North Africa Vice President Inger Andersen during her …

Read More »

World Bank chief prioritises tackling global growth risks

Washington – On his first day as president of the World Bank Group, Jim Yong Kim stressed the role of the 188-member organisation in helping address global growth risks and providing development assistance. The World Bank has an economic and moral imperative to help address risks to global growth, no matter where they emerge. A strong global economy benefits all …

Read More »

World Bank to Boost Access to Electricity and Clean Fuels, Renewable Energy and Energy Efficiency

The World Bank Group announced today that it will boost efforts to expand energy access, while also increasing support for renewable energy and energy efficiency in developing countries, responding to UN Secretary-General Ban Ki-moon’s Sustainable Energy for All initiative. The World Bank Group provides about $8 billion a year in financing for energy projects and programs, which leverages a comparable …

Read More »

Countries warned of volatility in global economy

Pretoria – Developing countries should prepare for a long period of volatility in the global economy, the World Bank has warned. These countries should boost their medium-term development strategies while preparing for tougher times, said the bank in its Global Economic Prospects (GEP) June 2012 report released on Tuesday. According to the report a resurgence of tensions in high-income Europe …

Read More »