Economic growth across the Gulf Cooperation Council (GCC) gained momentum in 2025, supported by structural reforms and rapid digital innovation, said a World Bank report. The UAE is expected to top the region with 4.8% growth in the year.
Bahrain has been ranked second regionally and 15th globally among 197 countries on the World Bank Group’s 2025 GovTech Maturity Index (GTMI), a milestone achievement.
Egypt has signed a $1 billion financing agreement with the World Bank for the second phase of its Development Policy Financing (DPF) programme, which supports structural reforms.
A World Bank report estimates that delivering off-grid solar’s potential to connect hundreds of millions of people to reliable electricity by 2030 will require investment of around $11.4 billion.
The World Bank Group on Tuesday launched its first digital strategy, bringing together its public and private sector capabilities to help developing countries expand affordable digital access, improve services, and create jobs.
Appian Capital Advisory, an investment advisor with a major presence in the region, has joined forces with International Finance Corporation (IFC), a member of the World Bank Group to launch a new $1 billion critical minerals and metals fund for emerging markets.
Abu Dhabi Fund for Development (ADFD) and the World Bank Group have signed an MoU to advance sustainable economic development, strengthen resilience and improve livelihoods in developing countries.
Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), has expressed confidence that the UAE will deliver an exceptional hosting experience for the 2029 Annual Meetings of the World Bank Group and IMF in Abu Dhabi.
