DUBAI - The World Bank said on Thursday the ongoing conflict between Israel and Hezbollah has caused $8.5 billion in damage ...

During periods of geopolitical unrest and economic uncertainty, countries often add to their gold reserves to preserve their wealth. Such has been the case over the past few years, especially for ...

Debt servicing has emerged as a significant component of Nigeria’s foreign payment obligations in 2024, accounting for a ...

The protests came on the eve of a high-stakes soccer match at France’s national stadium against the Israeli national team, ...

Negotiators see $120 bln pledge from banks as good start Tough negotiations lie ahead for broader finance deal Country ...

The New York Yankees slugger is expected to sign a deal north of $600 million that will come close to the real-dollar value ...

United Nations Secretary-General Antonio Guterres told world leaders who did show up that the world is seeing “a master class ...

The heads of the World Bank and International Monetary Fund on Tuesday said they would work with the incoming U.S.

Multilateral development banks (MDBs) today issued a joint statement at COP29 in Baku outlining financial support and other measures for countries to achieve ambitious climate outcomes.

Banga entered office in 2023 after his controversial predecessor, David Malpass, was forced to resign following controversial ...

The election of Donald Trump as President of the United States won’t throw the World Bank off course in meeting its climate ...