World Bank
World ‘way off course’, UN warns
Environment
December 3, 2018
World ‘way off course’, UN warns
The world is “way off course” in its plan to prevent catastrophic climate change, the United Nations warned Monday as…
Lebanon exceeds budget, needs a new government: finance minister
Middle East
November 28, 2018
Lebanon exceeds budget, needs a new government: finance minister
BEIRUT (Reuters) – Highly-indebted Lebanon has exceeded its budget for 2018 and authorities are taking steps to make sure…
Sixteen giant sewage projects underway in Upper Egypt: minister
Egypt
November 15, 2018
Sixteen giant sewage projects underway in Upper Egypt: minister
Sixteen giant sewage projects are currently being implemented under the local development program in Upper Egypt, including treatment plants, centrifugal…
Egypt jumps 8 ranks in Doing Business 2019 report
Economy
November 1, 2018
Egypt jumps 8 ranks in Doing Business 2019 report
The World Bank and the International Finance Corporation (IFC) have announced that Egypt has jumped eight ranks in the Doing…
Egypt’s government receives 45,000 taxis to turn into scrap
Environment
October 29, 2018
Egypt’s government receives 45,000 taxis to turn into scrap
The World Bank published a report as part of its monthly publication saying that Egyptian car owners have given…
World Bank praises Egypt’s success in reducing CO2 emissions
Environment
October 28, 2018
World Bank praises Egypt’s success in reducing CO2 emissions
The World Bank praised Egypt’s reduction of Greenhouse Gas (GHG) emissions thanks to the Vehicle Scrapping and Recycling program.…
Nearly half the world lives on less than $5.50 a day: World Bank
Economy
October 17, 2018
Nearly half the world lives on less than $5.50 a day: World Bank
Despite progress in reducing extreme poverty, nearly half the world’s population lives on less than $5.50 a day, with a…
IMF to give Egypt new $3 billion grant: Investment Minister
Egypt
October 16, 2018
IMF to give Egypt new $3 billion grant: Investment Minister
The International Monetary Fund will grant Egypt US$3 billion, Investment Minister Sahar Nasr announced on Tuesday, based on an agreement…
Egypt plays a pivotal role in establishing security and peace for the Middle East: UN Chief
Egypt
October 13, 2018
Egypt plays a pivotal role in establishing security and peace for the Middle East: UN Chief
Secretary-General of the United Nations Antonio Guterres praised Egypt’s pivotal role as peacekeeper in the Middle East, under the…
World Bank praises Egypt’s economic reform at Bali meeting
Economy
October 12, 2018
World Bank praises Egypt’s economic reform at Bali meeting
President of the World Bank Jim Kim presented on Friday the success stories of economic reform in four countries,…