Now, Arab News has reported, “ Lebanon’ s battered infrastructure and strained public services are set for a boost, as the World Bank has approved $250 million to launch a broader $1b. recovery and ...

Lebanon’s severe economic and financial crisis is likely to rank as one of the worst the world has seen in more than 150 years, the World Bank said in a report released Tuesday. The World Bank ...

The World Bank says poverty in Lebanon has tripled over the course of a decade. The percentage of people in Lebanon living below the poverty line rose from 12% in 2012 to 44% in 2022.

The World Bank said Wednesday it approved over $1 billion dollars for infrastructure and reconstruction projects in Iraq, Syria and Lebanon. The biggest amount went to Iraq, where the World Bank ...

The World Bank issued a new estimate Friday for Lebanon's reconstruction and recovery needs following 14 months of Israel-Hezbollah destructive war, putting it at $11 billion.

The World Bank blasted Lebanon's ruling class on Tuesday for "orchestrating" one of the world's worst national economic depressions due to their exploitative grip on resources.

Last month, the World Bank put Lebanon's physical damage and economic losses from Hezbollah-Israel war at some $8.5 billion. Jean-Christophe Carret, the World Bank Middle East country director, ...

Lebanon's Bisri Valley lies on a green fertile bed, ... citrus trees and ancient ruins are threatened with being submerged by a controversial mega dam funded by the World Bank.

BEIRUT (AP) — The World Bank threatened Tuesday to suspend financing for coronavirus vaccines in Lebanon as it investigated suspected favoritism amid accusations that lawmakers were inoculated ...

The economic collapse in Lebanon is already one of the deepest depressions recorded in modern times, and is likely to get even worse, the World Bank said, predicting GDP would shrink this year by ...

BEIRUT — Lebanon’s economy contracted by more than 58%, the World Bank said Tuesday, warning in a report that the small country’s financial meltdown poses a threat to long-term stability and ...

BEIRUT (AP) — Lebanon's Bisri Valley lies on a green fertile bed, a spot that has cradled civilizations dating as far back as the Bronze Age. Its expansive lands of pine, citrus trees and ...