Image Credit: CNN.com The International Finance Corporation (IFC), the private sector arm of the World Bank Group, invested 80 million euros in the Titan Group subsidiary Alexandria Portland Cement Company (APCC) in 2010. The investment provided the IFC with a 15.2 percent equity stake in Alexandria Portland Cement Company, through Titan’s holding company Alexandria Development …
Without accessible and comprehensible information, stakeholders cannot meaningfully engage in development. Bank Information Center, Fundar-Center of Analysis and Research, Yemeni Observatory for Human Rights, and Egyptian Association for Collective Rights organized a session during the World Bank Spring Meetings Civil Society Policy Forum titled “Breaking Down Barriers to Accessing Development Information”. The panelists presented case …
Photo Credit: Getty Images In the awake of the popular uprisings that swept across the Middle East and North Africa in 2011, Yemen saw a period of intense insecurity and political violence. In trying to address the crisis, the Gulf Cooperation Council (GCC) brokered an initiative to help with the peaceful transition of power, demanding, …
This post is also available in: French In light of the political transition in Tunisia, the World Bank Group (WBG) is in the process of developing a new Country Partnership Framework (CPF) for the 2016-2020 grant period. This CPF will not only guide the WBG’s operations in Tunisia but it also aims to support the …
Ce message est également disponible en: arabe Ce message est également disponible en: anglais Compte tenu de la transition politique en Tunisie, le Groupe de la Banque mondiale (GBM) est en train d’élaborer un nouveau cadre de partenariat pays (CPP) pour la période de subvention allant de 2016 à 2020. Ce CPP non seulement guidera les opérations …
Ce message est également disponible en anglais et en arabe. À la fin de Mars 2016, le Président du Groupe de la Banque mondiale (GBM), Dr Jim Yong Kim, ainsi que le Secrétaire Général de l’ONU, ont rendu visite au Liban, en Irak, en Jordanie et en Tunisie. Le but du voyage était de réitérer …
This post is also available in: French. In late March 2016, the World Bank Group’s (WBG) President, Dr. Jim Yong Kim, along with the UN Secretary General, paid a visit to Lebanon, Iraq, Jordan and Tunisia. The trip’s purpose was to reiterate the commitment of multilateral institutions to stability in the MENA region. Tunisia was …
The term ‘tipping point’ has been used to describe the current state of affairs in the past few months on numerous occasions. From climate change to politics, society is being called into action by the fear of reaching a tipping point – a moment of sudden and irreversible change. Even deforestation isn’t exempt from …
Since June 2014, the security expenditure associated with battling the Islamic State organization, also known as ISIS, and the stunning decline in oil prices to an average $35 in 2016 have combined to cause grave economic troubles for the Iraqi state, creating a budget deficit of $25 billion in 2016. Today, in order to …
On December 5, 2015, a group of Civil Society Organizations (CSOs) from different countries across the Middle East and North Africa (MENA) submitted a joint letter to World Bank Group officials (WBG or Bank) regarding the Bank’s MENA regional program implementation of its translation framework. Having the signing support of twenty-five CSOs from Yemen, Iraq, …