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World Bank to provide additional $12b to address 'devastating' global food crisis

18 May 2022

The World Bank announced on Wednesday an additional $12 billion in funding to mitigate the "devastating effects" of severe growing global food insecurity driven by climate change and Russia's invasion...

Expansion, growth opportunities for firms in the ICAD discussed

19 Apr 2022

The UAE’s Minister of Industry and Advanced Technology (MoIAT), visited the Industrial City of Abu Dhabi (ICAD), a major centre for industrial companies in the region that operates under the...

Legacy of Expo’s ‘Vision Pavilion’ will live on as part of District 2020

07 Apr 2022

The Vision Pavilion, celebrating the vision of His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, will continue to delight and enthral as...

UAE and Egypt startups sign deal to accelerate digital transformation in Middle East

30 Mar 2022

Staff Reporter, Gulf Today UAE-based startup GrubTech has signed a partnership agreement with Egypt’s Paymob, the leading financial solution provider, to help fuel digital transformation in the Middle East....

World Bank proposal would shift about $1 billion from Afghan trust

19 Feb 2022

The World Bank's management has approved a plan to use some $1 billion in a frozen Afghanistan trust fund for education, agriculture, health and family programmes, according to a bank...

World Bank says Lebanon’s economic depression ‘orchestrated by elite’

25 Jan 2022

Gulf Today Report Lebanon's economic depression "is orchestrated by the country's elite" and "has come to threaten the country's long-term stability and social peace," the World Bank said in...

World Bank considers releasing humanitarian aid for Afghanistan

30 Nov 2021

The World Bank will consider a compromise plan to release humanitarian aid for Afghanistan by shifting funds intended for rebuilding efforts, a source told AFP Monday. The bank's management...

China urges World Bank, IMF to resume financing support to Afghanistan

28 Oct 2021

Gulf Today Report Chinese Foreign Minister Wang Yi urged the World Bank and International Monetary Fund (IMF) on Wednesday to resume financing support to cash-strapped Afghanistan for reconstruction. ...

Pakistan’s economy rebounds, posts growth of around 4%: Tarin

10 Jun 2021

Pakistan’s economy rebounded strongly during the current fiscal year and posted a growth of around four per cent, which is substantially higher than the previous two years. Minister for...

India GST collections beat pandemic blues

05 Jun 2021

India’s gross Good and Services Tax (GST) revenue collections remained above the psychological mark of Rs1 lakh crore, clocking a high of Rs1,02,709 crore in May 2021, beating all the...

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