Latest News
World Bank approves $250 million financing for Morocco's social safety net reform
By Globe Banner | Jun 19, 2025
The World Bank has approved a $250 million financing package to aid Morocco's social protection reform.
Farzad Billimoria appointed head of private bank for UAE at Barclays
By Globe Banner | Jun 19, 2025
Barclays has announced the appointment of Farzad Billimoria as Head of Private Bank for the United Arab Emirates (UAE).
Gulf Cooperation Council forecasts medium-term economic growth
By Globe Banner | Jun 19, 2025
Economic growth in the Gulf Cooperation Council (GCC) is forecasted to rise in the medium term, with projections indicating a 3.2% increase in 2025 and a further rise to 4.50% in 2026.
World Bank urges Philippine private sector reform amid global uncertainties
By Globe Banner | Jun 19, 2025
Stimulating private sector growth and job creation is crucial for the Philippines to sustain inclusive growth amid global uncertainties, as highlighted by the World Bank in its latest report.
ANZ warns Australians about increased scam risks during EOFY
By Globe Banner | Jun 19, 2025
ANZ has issued a reminder to its customers to remain vigilant against scams during the end of the financial year (EOFY), a period when scammers often target Australians.
World Bank calls for radical changes in global debt reporting practices
By Globe Banner | Jun 19, 2025
More developing economies are increasingly resorting to off-budget and complex borrowing arrangements due to a tighter financing environment, complicating the assessment of public debt exposures.
World Bank urges Mauritania to diversify economy amid slowing growth
By Globe Banner | Jun 19, 2025
The World Bank's recent economic update on Mauritania reveals a slowdown in the country's growth rate, which decreased to 5.2% in 2024 from 6.4% in 2023.
FSB highlights vulnerabilities among non-bank commercial real estate investors
By Globe Banner | Jun 19, 2025
The Financial Stability Board (FSB) has released a report focusing on vulnerabilities in non-bank commercial real estate (CRE) investors.
Economic barometer reveals moderate growth but significant challenges for CEMAC
By Globe Banner | Jun 19, 2025
The latest CEMAC Economic Barometer report, released in the spring of 2025, outlines the economic status and challenges facing the Central African Economic and Monetary Community (CEMAC).
World Bank projects Lebanese economy growth amid fragile stabilization
By Globe Banner | Jun 19, 2025
Lebanon's economy is expected to grow by 4.7% in 2025, according to the World Bank's latest Lebanon Economic Monitor (LEM).
Report reveals complexity rise in Canadian long-term disability claims
By Globe Banner | Jun 19, 2025
The latest report from Sun Life's Designed for Health series highlights a concerning trend in long-term disability (LTD) claims among Canadians.
Lebanon Economic Monitor outlines action plan for government reform
By Globe Banner | Jun 19, 2025
The Spring 2025 edition of the Lebanon Economic Monitor (LEM), titled "Turning the Tide?
World Bank boosts funding for ASEAN Power Grid projects with $7.7 million grant
By Globe Banner | Jun 19, 2025
The World Bank has announced an additional $7.7 million grant from the International Development Association for the ASEAN Centre for Energy (ACE) to support ASEAN Power Grid projects.
World Bank calls for fundamental changes in global debt transparency practices
By Globe Banner | Jun 19, 2025
The World Bank has released a new report highlighting the increasing reliance of developing economies on off-budget and complex borrowing mechanisms.
Macquarie to acquire stakes in three major UK airports
By Globe Banner | Jun 18, 2025
Macquarie Asset Management has announced an agreement to acquire stakes in three UK airports: Bristol, Birmingham, and London City.
World Bank aids Turkish firms amid pandemic and earthquake challenges
By Globe Banner | Jun 18, 2025
The World Bank has provided substantial support to Turkish firms in response to the COVID-19 pandemic and the 2023 earthquakes.
Macquarie Asset Management launches new international core equity ETF
By Globe Banner | Jun 18, 2025
Macquarie Asset Management has introduced a new exchange-traded fund (ETF), the Macquarie Focused International Core Equity ETF (EXUS).
Morgan Stanley launches European private income fund
By Globe Banner | Jun 18, 2025
Morgan Stanley has announced the launch of its new European Private Income Fund.
World Bank program boosts job opportunities for Rwandan youth
By Globe Banner | Jun 18, 2025
A young girl named Joy, who once sold oranges on the streets of Kigali due to financial hardship, has found new opportunities through the World Bank's Rwanda Priority Skills for Growth Program-for-Results (PSG).
World Bank urges focus on scaling up global energy efficiency
By Globe Banner | Jun 18, 2025
Harnessing the potential of energy efficiency in developing countries could fast-track affordable and secure energy, strengthen economies, and create jobs, according to a new World Bank report.