External debt of developing countries rose 5.5% to a record $9.4 trillion in 2025, the fastest pace since 2021, the World Bank's International Debt Report 2026 showed. For borrowers and their creditors, the year brought…
Global progress against extreme poverty has stalled, according to the World Bank's Poverty, Prosperity, and Planet Report 2026, published on 26 October.…
Artificial intelligence could meaningfully raise productivity in sixteen point two percent of jobs in developing economies, close to the eighteen point seven…
Only 4.5 percent of jobs in developing economies face automation risk from generative artificial intelligence, against 14.2 percent in high-income countries, the…
The World Bank has reclassified Jordan as an upper-middle-income economy in its annual income classifications effective 1 July, a milestone that coincides…
QatarEnergy's force majeure on affected liquefied natural gas supply contracts has become one of the most important energy market developments of 2026,…
External debt of developing countries rose 5.5% to a record $9.4 trillion in 2025, the fastest pace since 2021, the World Bank’s International Debt Report 2026 showed. For borrowers and their creditors, the year brought money back but not cheaper money. Private lenders and bond buyers returned, yet the poorest countries paid their highest average…
The World Bank Group has mobilised nearly $6.7 billion of private capital for Egypt since fiscal year 2022, the group said on Wednesday, citing mortgages and a Red Sea port. The total matters because Egypt needs jobs at scale: the group estimates the country must create 1.3 million a year to keep pace with its…
Egypt signed a $1 billion World Bank financing agreement on 1 November, the second of three development policy operations backing private investment, sounder public finances and a greener economy. For Egypt’s budget, this is concessional money tied to reforms the government says are already under way, from wider private participation to more efficient management of…
Commodity prices are set to rise 23% this year, led by energy, before easing in 2027, the World Bank said on 28 October in its latest Commodity Markets Outlook. In The Edge’s reading, this is largely a supply story, and the baseline rests on the Bank’s stated assumption of no major intensification of conflicts affecting…
Global progress against extreme poverty has stalled, according to the World Bank’s Poverty, Prosperity, and Planet Report 2026, published on 26 October. It counts 811 million people, one in ten worldwide, living on less than 3.00 dollars a day this year, a rate it says has not changed since 2019. Without stronger growth in income…
Egypt’s country compact with the World Bank Group targets 9.8 billion dollars of metals and minerals-related exports by 2040 and a 6 percent minerals contribution to GDP by 2030, under plans announced in Bangkok on 16 October. Egypt was one of 8 countries to announce compacts or partnerships there, alongside Argentina, Bolivia, India, Kazakhstan, Malawi,…
East Asia and Pacific is projected to grow 4.5 percent in 2026, while oil importing economies in the Middle East, North Africa, Afghanistan and Pakistan (MENAAP) are set to accelerate to 4.3 percent from 3.9 percent in 2025, the World Bank said in 2 regional updates published on 6 October. On our calculation, that puts…
The International Finance Corporation has signed a 38.5 million rial, or 100 million dollar, Islamic green finance facility for The Plaza district of The Sustainable City in Yiti, Muscat, and said on 30 September that the deal is its first real estate investment in Oman. The facility goes to the Sustainable Development Investment Company, the…
Investment in the Trans-Caspian Transport Corridor could more than triple trade volumes along the route, halve travel times, raise GDP by 3.3 percent and create 2 million additional jobs by 2040, the World Bank said on Monday. With deeper reforms, corridor volumes could quadruple and travel times fall by two thirds, according to its report…
Tunisia’s economy grew 2.7 percent in 2025 and 2.4 percent year on year in the first half of 2026, and growth is projected to ease to 2.3 percent this year and average 2.1 percent over 2027 and 2028, according to the latest Tunisia Economic Monitor, which the World Bank presented in a press release on…