World Bank
- UAE
World Bank forecasts UAE economy to grow 5% in 2026, 5.1% in 2027
Global outlook revised higher as resilience continues despite trade tensions The World Bank expects the UAE economy to grow by…
Read More » - Business
VakıfBank Secures €1.5 Billion Loan from the World Bank
ISTANBUL – VakıfBank has secured a €1.5 billion financing facility with a 10-year maturity, backed by a partial guarantee from…
Read More » - Istanbul
Turkiye Secures $643 Million World Bank Financing to Boost Istanbul’s Disaster Resilience and Urban Infrastructure
Türkiye has signed a €554.4 million ($643.35 million) financing agreement with the World Bank to enhance Istanbul’s emergency preparedness and…
Read More » - Turkiye
World Bank to continue financing new energy projects in Turkiye
The World Bank will continue supporting Türkiye’s clean energy transition with new projects, following the signing of a recent $750…
Read More » - Turkiye
Turkiye’s GDP expands 4.8% year-on-year in Q2
GDP growth rate exceeds expectations in 2nd quarter The Turkish economy has grown by 4.8% year-on-year in the second quarter…
Read More » - Turkiye
Turkiye’s Midas Raises $80 Million Series B, Becomes Country’s Largest Fintech Investment
Midas, a leading investment application in Türkiye, has raised $80 million in its Series B funding round, marking the largest…
Read More » - Istanbul
Istanbul to receive $650 Million from World Bank for major earthquake preparedness
The World Bank has approved $650 million in external financing to strengthen Istanbul’s disaster preparedness, enhance its climate resilience, and…
Read More » - Turkiye
World Bank Increases Funding for İzmir’s Greenhouse-Based Organized Industrial Zone to $65 Million
The World Bank has raised its investment financing support for the Dikili Agricultural-Based Specialized Greenhouse Organized Industrial Zone (TDİOSB) in…
Read More » - Business
World Bank Lifts Ban on Nuclear Energy Support
The World Bank’s Board of Executive Directors has lifted its long-standing ban on supporting nuclear energy, aiming to help meet…
Read More » - Turkiye
World Bank Raises Turkiye’s Growth Forecast Amid Global Downturn
Türkiye’s Treasury and Finance Minister Mehmet Simsek welcomed the World Bank’s latest Global Economic Prospects report on Wednesday, which raised…
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