World Bank OKs $240M loan for Egypt power plant
The World Bank approved on Tuesday a $240 million loan to help Egypt develop the Giza North power project as it strives to meet growing demand for electricity.
February 15, 2012 2:26
Brace yourself: Grim forecast for 2012, says World Bank
The World Bank sharply cuts global economic growth forecast, seeing "real" risk of a slump like 2008/09. And it looks like it’ll be worse for developing countries
January 18, 2012 3:14
World Bank to poorer nations: brace for a slowdown
The World Bank warned on Tuesday that developing countries should brace for a growth slowdown stemming partly from Europe's debt woes, as it sharply scaled back its estimates for expansion.
January 18, 2012 2:07
IFC plans $1B MENA investments by end-June
International Finance Corp., a unit of the World Bank, plans to invest close to $1 billion by the end of June in countries including Egypt, Iraq, Jordan and Libya, its regional director said on Sunday.
January 15, 2012 2:45
Over 90% of passwords vulnerable to hacking
Passwords in the Middle East - even ones deemed to be "strong" - are actually susceptible to infiltration.
May 23, 2013 8:51
'Renewable energy absolutely necessary' - Saudi
Oil saving win-win drives Saudi solar power boom...
May 23, 2013 4:56
Real cost of sending your child to a Dubai school
Ambareen Musa, founder of Souqalmal.com, reminds parents of the hidden and additional costs of education.
May 23, 2013 1:19
Gold iPad at Burj Al Arab
Device to be a “virtual concierge” for luxury hotel's guests.
May 22, 2013 12:04
Minimum wage 'unfair' for employers?
FNC member argues that minimum wage for domestic workers and maids is 'taking advantage' of employers.
May 20, 2013 4:24