PM Boris Johnson will call on world leaders to back efforts to speed up the development of new vaccines, treatments and tests at G7 meeting The Prime Minister is setting out his ambition to cut the time to develop new…
The pre-Covid global economy evolved over centuries. Economic prosperity initially was based on natural wealth in the form of raw materials, fertile lands, water and population. This is referred to as economic comparative advantage. National wealth was created through trading…
The population of Amman will benefit from the introduction of a new bus fleet in the Jordanian capital thanks to its participation in EBRD Green Cities, the Bank’s pioneering urban sustainability program. In a first Jordanian project under the initiative, the…
BBC Earth has announced a brand-new series narrated by legendary English broadcaster and natural historian, Sir David Attenborough. A Perfect Planet explores the great forces of nature that support, drive and enable life on earth, and features breath-taking scenery set…
Fascism is a political system in which governments are directed and driven by economic interests. As such, the political entities which are governments, serve the narrow interests of a national ruling economic class, not the interests of their citizens, whom…
IFC, a member of the World Bank Group, is providing a debt financing package to Hikma Pharmaceuticals to help ensure smooth deliveries of medicines across the Middle East and North Africa amid the COVID-19 pandemic. The $200 million package is…
AMAZON PAYMENT SERVICES LAUNCHES IN THE MIDDLE EAST AND NORTH AFRICA TO EMPOWER BUSINESSES TO GO ONLINE WITH SIMPLE, AFFORDABLE, AND TRUSTED PAYMENT EXPERIENCES Amazon announced the launch of Amazon Payment Services, a payment processing service in the Middle East…
By Lucy Desai In this piece we examine the link between the length of time countries across the world have spent in lockdown and the economic damage. Are lockdowns completely to blame for the contraction of GDP around the globe?…
Just when it seemed like the Coronavirus was subsiding, the second wave of the virus decided to rear its ugly head. While businesses have finally reopened and started recouping from the effects of the pandemic, they’re now being forced to…
Looking ahead, policymakers must remain nimble as countries pivot from the immediate response to support the recovery and should act decisively to build stronger, more resilient, and more inclusive economies Dubai International Financial Centre (DIFC), a global financial centre and…