Middle East & North Africa

Environment

News

Bank seeks business in Middle East unrest

Staff at the World Bank's political insurance arm greeted unrest in the Middle East and North Africa as a business opportunity, amid criticisms that IFI policies had fuelled the crises.

7 April 2011

Infrastructure

Analysis

Climate Investment Funds Monitor 3

The Climate Investment Funds (CIFs) are financing instruments designed to pilot low-carbon and climate-resilient development through the multilateral development banks (MDBs). They are comprised of two trust funds - the Clean Technology Fund (CTF) and the Strategic Climate Fund (SCF).

4 February 2011 | Briefings

Rights

News

FMI: Amenazado el crecimiento palestino

El FMI está preparando un informe para defender su posición afirmando que no será posible sostener el 6.8 por ciento de tasa de crecimiento en Cisjordania si Israel no levanta sus restricciones sobre las inversiones palestinas públicas y privadas.

30 June 2010

Land

News

Egyptian NGO appeals against Bank project

The $145 million World Bank 'West Delta' project has come under fire. Egyptian NGO, Land Centre for Human Rights (LHCR) has filed an appeal on behalf of farmers in the Egyptian delta and they want to change the course of the planned irrigation scheme.

20 November 2009

Social services

News

World Bank caught between Red and Dead Sea

The World Bank has been involved in administering a $16.7 million fund for a feasibility study and environmental and social assessment (ESA) of the highly controversial Red Sea-Dead Sea canal

22 September 2009

IFI governance

News

Bank hired in Israel without bidding process

The World Bank was awarded a $500,000 contract to examine the Israeli Electricity Corporation's financial condition with no bidding process. If this were a Bank-funded project, such a procedure would not be allowed.

22 September 2009

Rights

Commentary

World Bank legitimising illegal Israeli occupation of West Bank

The Bank's approach to development in Palestine hinges on the full acceptance of the status quo - e.g. continued occupation and the presence of the settlements and the wall - as well as joint projects that impose PNA-Israeli cooperation, often with a third international partner. Politically, these development projects threaten to legitimise Israeli claims in regards to the wall, Jerusalem, land annexation and settlements that have resulted in the fragmentation and ghettoisation of the West Bank

29 September 2008 | Guest comment

Finance

News

IFC challenges highlighted in the Middle East

The International Finance Corporation, the private sector arm of the World Bank, is rapidly increasing its investment in the Middle East, raising questions about the development value of its activities. A Norwegian study of the IFC's Doing Business indicators questions the usefulness of the index to making real-life improvements to a country's business environment.

1 April 2008

IFI governance

Background

The IFIs and Islamic finance

The World Bank Group and the IMF have become more involved in assistance to and oversight of Islamic financial institutions.

1 February 2008 | Inside the institutions

Rights

News

World Bank: head in the sand over 'peace conduit'

NGO Friends of the Earth Middle East has expressed concern over the World Bank's involvement in the Red Sea to Dead Sea water conveyance project, in particular its failure to consider alternatives that would tackle the root cause of the Dead Sea's degradation

4 December 2007

Social services

News

Parliament in dark over bank privatisation

The Egyptian government is facing criticism from MPs over plans to sell off the country's publicly owned banks, as part of an $8.7 billion financial sector reform programme that has the backing of the World Bank, the IMF, the AfDB and USAID.

5 October 2007

Environment

Background

Iraq: staffer shot, oil deal continues

In February Iraq's cabinet approved the IMF supported draft oil law

2 April 2007 | Resource