The difficult political and security situation in Yemen continues to weigh heavily on economic activity and Yemen’s economic recovery is highly vulnerable. Economic recovery is confronted with several structural challenges; Yemen’s is an oil-based economy with high unemployment and weak governance and institutional structures.
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The project will improve the transport connectivity and safety on the targeted section of the transport corridor between Aden and Taiz. It has two components. (1) Highway construction of civil works for the construction of a sub-
Despite a slight uptick in the global economy, the World Bank's MENA Economic Monitor expects GDP growth in the region to remain flat at between 3.1% and 3.3% for 2015 and 2016. For the first time in four
Climate change is already affecting the Arab World in dire ways. It will cause e extreme heat to spread across more of the land for longer periods of time, making some regions unlivable and reducing growing