Monday 29 May 2017
 
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World Bank

World Bank offers $350m support to Morocco reforms

The World Bank has announced a $350 million programme to support wide-ranging reforms of financial intermediation in Morocco. The operation supports new sources of financing for small and medium enterprises (SMEs) while improving

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Private sector must become Mena engine of growth: Expert

The private sector should be encouraged to become an engine of economic growth in the Middle East North Africa (Mena) region, a senior World Bank official has said. Speaking as part of the National US-Arab Chamber of Commerce (NUS

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Private sector must become Mena engine of growth: Expert

The private sector should be encouraged to become an engine of economic growth in the Middle East North Africa (Mena) region, a senior World Bank official has said. Speaking as part of the National US-Arab Chamber of Commerce (NUS

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World Bank rankings boost for Bahrain

Bahrain has jumped 69 places in the World Bank’s latest ranking for this year, thanks to a new commercial freedom legislation that was introduced in September, said a report. The country has been ranked 73 compared with the

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World Bank units back $485m Jordan power plant

International Finance Corporation (IFC) and Multilateral Investment Guarantee Agency (Miga), members of the World Bank Group, are backing the design, construction, ownership and operation of a 485-MW gas-fired power plant in Jordan to increase t

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World Bank units back $485m Jordan power plant

International Finance Corporation (IFC) and Multilateral Investment Guarantee Agency (Miga), members of the World Bank Group, are backing the design, construction, ownership and operation of a 485-MW gas-fired power plant in Jordan to increase t

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World Bank raises record $75bn to fight poverty

The World Bank is stepping up its bid to fight extreme poverty with the announcement that more than 60 governments have left it with a record $75 billion commitment to help its poorest member countries over the next three years. &

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World Bank, Ithmar to set up green infrastructure fund

The World Bank Group and Ithmar Capital, a Moroccan Sovereign Investment Fund, have entered into a deal to set up a Green Growth Infrastructure Facility for Africa (GGIF Africa), the first pan-African fund dedicated to green investment in the co

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World Bank, Ithmar to set up green infrastructure fund

The World Bank Group and Ithmar Capital, a Moroccan Sovereign Investment Fund, have entered into a deal to set up a Green Growth Infrastructure Facility for Africa (GGIF Africa), the first pan-African fund dedicated to green investment in the co

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Georgieva named World Bank lending unit CEO

World Bank Group has appointed Kristalina Georgieva, a Bulgarian national, as the new chief executive of the International Bank for Reconstruction and Development (IBRD) and the International Development Association (IDA) effective January 2.

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