Qatar's Finance Minister HE Ali Sherif al-Emadi has participated in the annual meeting of the Board of Governors of the World Bank Group (WB) and the International Monetary Fund (IMF) in Washington, DC.
A top executive at the World Bank, Kristalina Georgieva of Bulgaria, now faces no opposition in her candidacy to lead the International Monetary Fund, the fund announced Monday.
Investor confidence in Qatar remains underpinned by financial assets of over $300bn held in a sovereign wealth fund and demonstrated in the country’s ability to raise money on the international bond markets at relatively low yields, the World bank has said in a report.
Qatar’s current account surplus increased to 8.7% in third quarter of 2018, from less than 4% in 2017 due to higher gas prices and production from the North Field, the country’s biggest gas repository ...
The World Bank warned Wednesday of a deepening economic crisis in the occupied West Bank if the Palestinian Authority and Israel do not resolve a dispute over tax transfers.
Employment opportunities for South Asian migrants in the Gulf Co-operation Council countries shrank in the last two years mainly due to nationalisation in the GCC and oil price drop-induced economic slowdown, a new report has shown.
Qatar is the first Middle East and North Africa (Mena) country to join the World Bank-partnered Global Financing Facility, a senior official has said.
Qatar has risen six places on its property registration procedure index, climbing to 20th rank from 26th previously in the World Bank's 'Doing Business Report 2019'.
Zimbabwe's new finance minister said on Monday he would accelerate plans to pay arrears to the World Bank and the African Development Bank and would work on a three-year programme to cut government spending.
Nigeria has approved a $150 million loan from the World Bank to help eradicate polio and scale up immunisation, Finance Minister Kemi Adeosun said on Wednesday.
The World Bank said on Thursday it had approved a total of $2.1 billion in concessionary loans to fund projects in Nigeria aimed at improving access to electricity and promoting governance.