World Bank

IMF expects Egyptian economy to grow 5.3% in 2018
Economy

IMF expects Egyptian economy to grow 5.3% in 2018

  The International Monetary Fund (IMF) expects Egypt’s economy to grow by 5.3 percent in 2018 and 5.5 percent in…
World Bank report warns Gaza Strip economy is in ‘free fall’
Middle East

World Bank report warns Gaza Strip economy is in ‘free fall’

  JERUSALEM (AP) — The Gaza Strip’s economy is in “free fall,” a report from the World Bank warned Tuesday,…
World bank funds Egypt’s rural sanitation services with $300 mn loan
Egypt

World bank funds Egypt’s rural sanitation services with $300 mn loan

  The World Bank has approved a $300 million loan to complete Egypt’s Rural Sanitation Services Program, expanding the government…
Global waste to pile up by 70 percent in 2050
World

Global waste to pile up by 70 percent in 2050

  Global waste growth will outpace population growth by 2050, with most of the trash being generated in urban areas.…
Sahar Nasr discusses Sinai development with WB delegation
Egypt

Sahar Nasr discusses Sinai development with WB delegation

  Investment Minister Sahar Nasr discussed the Sinai Development Project with a delegation from the World Bank (WB), headed by…
World Bank offers Egypt $500 mn for agriculture
Economy

World Bank offers Egypt $500 mn for agriculture

In a meeting with Agriculture Minister Ezz El-Din Abu Steit, the World Bank offered Egypt a flexible loan of US$…
Egypt among least competitive economies in the middle east: Report
Business

Egypt among least competitive economies in the middle east: Report

  Egypt’s economy ranks 11th in the 2017-2018 Global Competitiveness Index out of 12 Arab countries with Lebanon in last place,…
World Bank to support health care sector in Egypt with $530 mn
Egypt

World Bank to support health care sector in Egypt with $530 mn

  Investment and International Cooperation Minister Sahar Nasr and World Bank director Nagy bin Hussein signed a $530 million agreement…
World Bank allocates $350 million to support health services in Egypt
Egypt

World Bank allocates $350 million to support health services in Egypt

  The World Bank announced on Wednesday that a new project with a budget of $530 million will commence to…
World Bank expresses content with “Takafol w Karama” accomplishments: Social Solidarity Minister
Business

World Bank expresses content with “Takafol w Karama” accomplishments: Social Solidarity Minister

A delegation from the World Bank met with Minister of Social Solidarity Ghada Wali on Friday to review the accomplishments…
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