The World Bank (WB)
World Bank issues negative forecast for Egypt’s economy
Business
April 8, 2023
World Bank issues negative forecast for Egypt’s economy
The World Bank lowered its forecast for Egypt’s gross domestic product growth during the current fiscal year to four percent…
World Bank raises forecast for growth of Egypt economy to 6.1% in 2022
Economy
June 8, 2022
World Bank raises forecast for growth of Egypt economy to 6.1% in 2022
The World Bank on Tuesday raised its forecast for the growth of the Egyptian economy during 2022 to 6.1 percent,…
World Bank says it is eager to strengthen partnership with Egypt
Business
February 19, 2022
World Bank says it is eager to strengthen partnership with Egypt
World Bank officials have affirmed their desire to strengthen the existing successful partnership with Egypt, during a meeting between Egyptian…
Environmental pollution in Greater Cairo costs Egypt LE47 bn annually: Minister
Environment
June 5, 2021
Environmental pollution in Greater Cairo costs Egypt LE47 bn annually: Minister
Environment Minister Yasmine Fouad said that a study of the cost of environmental impacts prepared in cooperation with the World…
Egypt eager to increase funding on health and education sectors: Minister
Business
April 17, 2021
Egypt eager to increase funding on health and education sectors: Minister
Finance Minister Mohamed Maait announced that Egypt aims to boost spending on its health, education and social development sectors to…
World Bank approves US$440 million development fund to develop Egypt’s railways
Business
March 6, 2021
World Bank approves US$440 million development fund to develop Egypt’s railways
Egypt’s Minister of International Cooperation Rania al-Mashat announced Saturday that the World Bank’s Board of Executive Directors on Friday approved…
Egypt says first round of Sudan-mediated talks on GERD ‘not positive’
Egypt
June 10, 2020
Egypt says first round of Sudan-mediated talks on GERD ‘not positive’
Egypt’s Ministry of Irrigation and Water Resources on Wednesday said that the first meeting of the irrigation ministers of Egypt,…
Egypt’s Foreign Minister anticipates final GERD agreement by next week
Egypt
February 16, 2020
Egypt’s Foreign Minister anticipates final GERD agreement by next week
Egyptian Foreign Minister Sameh Shoukry said that he anticipates a final agreement on the Grand Ethiopian Renaissance Dam (GERD) will…
World Bank approves US$200 million project for SMEs
Egypt
April 18, 2019
World Bank approves US$200 million project for SMEs
The World Bank (WB) approved a US$200 million project called “Catalyzing Entrepreneurship for Job Creation” aiming to increase the volume…
Projects targeted to Egyptian women rose to 69% in 2018: World Bank
Society
March 20, 2019
Projects targeted to Egyptian women rose to 69% in 2018: World Bank
A World Bank official announced on Tuesday that small projects targeting Egyptian women rose to 69 percent in 2018. Senior…