UAE’s per capita income now ranks 7th globally
ABU DHABI 29 August 2023: The UAE ranked seventh in the world in terms of per capita national income, according to the latest data released by the World Bank. The per capita income in the […]
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UAE real GDP to grow 5.9% in 2022: World Bank
ABU DHABI 3 November 2022: The World Bank has hailed the UAE’s “favourable business environment and world-class infrastructure”, expecting the country’s real GDP to grow by 5.9 percent in 2022. This came as the World […]
$12 billion World Bank support for Covid-19 countries
WASHINGTON 5 March 2020: As coronavirus, Covid-19, reaches more than 60 countries, the World Bank Group is making available an initial package of up to $12 billion in immediate support to assist countries coping with […]
IMF, World Bank to help members with Covid-19
WASHINGTON 3 March 2020: International Monetary Fund (IMF) Managing Director Kristalina Georgieva and President of World Bank Group David R. Malpass, on Monday said they stand ready to help member countries address the human tragedy […]
World Bank ranks UAE first in region, third globally
DUBAI 4 November 2019: The UAE has been ranked first in the region, and third in the world, in easing the issuing of building permits, as per the World Bank’s Doing Business 2020 report. The […]
UAE maintains 1st place in World Bank report
DUBAI 28 October 2019: The UAE, represented by the Dubai Electricity and Water Authority (Dewa), has maintained its first global ranking for the third consecutive year, with scores of 100 percent in all the ‘Getting […]
World Bank comes to UAE @ Abu Dhabi Global Market
ABU DHABI 13 February 2019: Abu Dhabi Global Market (ADGM), the International Financial Centre in Abu Dhabi, announced that the World Bank will be establishing its office in ADGM on Al Maryah Island. Serving as the […]