Latest in Tag: World Bank Highlight
Latest in Tag: World Bank
Race picks up to head World Bank
By Veronica Smith / AFP WASHINGTON: The race to succeed World Bank president Robert Zoellick is heating up with the emergence of the first declared candidate, another American. Renowned economist Jeffrey Sachs, who led the UN committee on the Millennium Development Goals, threw his hat in the ring Friday in a Washington Post op-ed piece, saying …
PA approves Egypt contribution to IDA’s replenishment
By Heba Hesham CAIRO: Egypt will increase its contribution to the International Development Association, a World Bank fund that helps the world’s poorest nations, after the People’s Assembly approved the move. “The total increase is estimated at SDR 31.5 billion, which is equivalent to $47.25 billion, while Egypt’s share is estimated at about $2.2 million to …
Hikma gets up to $110 mln from World Bank lender
LONDON: Jordan-based Hikma Pharmaceuticals is to receive up to $110 million in debt financing from the World Bank’s private-sector lender to help improve access to high-quality generic medicines in the Middle East and North Africa. The International Finance Corp (IFC) said on Monday the investment would enable Hikma to provide more high-quality medicines to people …