The World Bank is strengthening its procurement requirements to help address the jobs challenge in developing countries by requiring companies working on World Bank-funded projects to include local ...

On July 7, 1950, the World Bank approved its first loan to Turkey, namely a $3.9mn facility for a grain storage project, the ...

The IAEA and The World Bank announced a partnership today to support the safe, secure and responsible use of nuclear energy in developing countries. This partnership agreement, signed by IAEA Director ...

The World Bank has taken its first step since ending its ban on funding nuclear energy projects by partnering with the International Atomic Energy Agency to support countries that choose to include ...

The World Bank announced Wednesday that it will invest over $1.3 billion to improve the quality of life in three war-torn countries in the Middle East.

The World Bank is reconsidering its ban on financing upstream projects amid a push to bolster the power sector. The World Bank's board lifted its ban on nuclear power financing on Tuesday and is ...

The World Bank is ending its long-standing ban on providing funding for nuclear energy projects - and will be open to supporting efforts to extend the life of existing reactors and accelerate the ...

The World Bank’s board lifted its ban on supporting nuclear power, and is discussing whether to fund natural gas exploration and production, as it seeks ways to bolster access to electricity to ...

The world’s largest economy is expected to grow by just 1.4% in 2025, a sharp deceleration from the 2.8% expansion recorded in 2024.

The World Bank on Tuesday agreed with President Trump's complaint that foreign countries engage in unfair trade practices with the US and urged the nations to ease their tariffs on American exports.

The World Bank’s Global Economic Prospects report sounds a dire warning about tariffs.

The global economy could grow less this year than previously projected, the World Bank said Tuesday, citing uncertainty over tariffs and ongoing trade disputes.