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UAE’s GDP to grow: 3.9% in 2024, 4.1% in 2025, as per World Bank

The Brew News Team   Tue 16 Apr 2024    

Washington: The World Bank has revised its projections for the UAE’s real GDP growth, anticipating a growth rate of 3.9% in 2024, up from the previous forecast of 3.7% made in January. In its latest economic update on the Middle […]

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UAE leads the MENA region in the World Bank’s Women, Business and the Law 2023 report

The Brew News Team   Fri 03 Mar 2023    

Dubai: Her Highness Sheikha Manal bint Mohammed bin Rashid Al Maktoum, President of the UAE Gender Balance Council (GBC), President of the Dubai Women Establishment, and the wife of HH Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister and […]

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IMF, WB, WHO, WTO concerned over ‘vaccine inequity’

Brew Admin   Sat 28 Aug 2021    

GENEVA / WASHINGTON: At its third meeting, the Multilateral Leaders Taskforce on COVID-19 (MLT) the heads of the International Monetary Fund, World Bank Group, World Health Organization, and World Trade Organization met with the leaders of the African Vaccine Acquisition […]

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World Bank announces new Climate Change Action Plan

Brew Admin   Sat 03 Apr 2021    

WASHINGTON – World Bank Group announced a new Climate Change Action Plan which will increase climate finance, focus on climate results and impact, improve and expand climate diagnostics and reduce emissions and climate vulnerabilities in key systems. “I am pleased […]

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Debt crisis just around the bend for poorer, COVID-hit nations says World Bank

Brew Admin   Mon 05 Oct 2020    

The COVID-19 pandemic could trigger a debt crisis in some countries, so investors must be ready for granting some form of relief that could also include debt cancellation, World Bank President David Malpass was quoted as saying on Sunday. “It […]

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