Islamic Development Bank approves USD 746.2 million loan for Uganda’s railway project
Uganda is raising funds for the 2.7-billion-euro project, which has already won backing from lenders including the World Bank and the African Development Bank...
Tag : World Bank
CPPI rankings: Qatar’s Hamad Port jumps into the world’s top eight
Since its inauguration in September 2017, Hamad Port has become a cornerstone of Qatar's economic and trade strategy...
Iran war: World Bank cuts global growth outlook to 2.5%
As per the World Bank, growth could slow to just 1.3% if energy supply disruptions prove more severe and come with substantial stress in financial markets...
Middle East conflict: World Bank chief Ajay Banga sees massive global growth hit
World Bank chief Ajay Banga said that the economic fallout from the Middle East conflict is already feeding into weaker global expansion...
World Bank backs Syria rail recovery
Syria’s Transport Minister Yarub Badr interacted with World Bank transport officials, where he discussed the readiness of the railway network and the phosphate railway corridor project...
Iraq to redesign Baghdad Metro with hybrid routes, PPP model
The updated plan now positions Baghdad Metro as the core of a wider transport network, linked with bus and tram systems...
World Bank approves USD 700 million to boost Pakistan’s financial health
The approval comes after a World Bank grant of USD 47.9 million in August 2025 to enhance primary education in Pakistan's Punjab province...
Lebanon’s road to recovery begins now
The LEAP project is occurring alongside renewed calls for Lebanon to implement a comprehensive reform programme to restore macro-financial stability and citizens’ trust...
Is Bretton Woods still fit for today’s world?
Bretton Woods had a crucial role in saving a globe ravaged by conflicts, poor leadership, and geopolitical uncertainty...
Wider war in Middle East would impact global economy: World Bank chief Ajay Banga
According to Ajay Banga, the destruction caused by Israel's bombing of southern Lebanon will contribute to the USD 14–20 billion in war damage that has already likely resulted from Israeli strikes on Gaza...