World Bank

Egypt expects $1.5 bn in loans from World Bank, AfDB by end-2015: PM
Egypt

Egypt expects $1.5 bn in loans from World Bank, AfDB by end-2015: PM

Egypt expects to receive US$1.5 billion in loans from the World Bank and African Development Bank (AfDB) by the end…
UN, World Bank to launch refugee and reconstruction bonds
World

UN, World Bank to launch refugee and reconstruction bonds

International agencies plan to raise billions of dollars to tackle the worsening refugee crisis in the Middle East and North…
CSOs urge World Bank to adopt people-centered approach
Egypt

CSOs urge World Bank to adopt people-centered approach

Egyptian civil society organizations have urged the World Bank to be more involved with the citizens in its development projects…
Egypt denied new loans due to misusing previous ones
Business

Egypt denied new loans due to misusing previous ones

Egypt has been denied fresh loans by international lenders, due to failing to employ past loans for the use of…
Housing Ministry completes negotiations for $1 bn loan from the World Bank
Egypt

Housing Ministry completes negotiations for $1 bn loan from the World Bank

Housing Minister Mostafa Madbouly said the ministry has completed negotiations with the World Bank for a US$1 billion loan, including…
World Bank president to meet with Sisi and sign US$500 million loan
Egypt

World Bank president to meet with Sisi and sign US$500 million loan

World Bank President Jim Yong Kim is arriving in Cairo on Tuesday evening for a one-day visit, in order to…
World Bank: Gaza economy on ‘verge of collapse’
Egypt

World Bank: Gaza economy on ‘verge of collapse’

Gaza's economy is on the "verge of collapse," a new World Bank report warned Friday, saying the unemployment rate there…
World Bank provides $5 million grant to eliminate bureaucracy
Business

World Bank provides $5 million grant to eliminate bureaucracy

Trade and Industry Minister Mounir Fakhry Abdel Nour said the World Bank has agreed to a grant of $5 million…
WB approves $5-bn loan to Egypt over 4 years
Business

WB approves $5-bn loan to Egypt over 4 years

The World Bank approved increasing the volume of financing to Egypt within the four coming years up to US$5 billion,…
World Bank approves $500 mn loan for 1 million housing units
Economy

World Bank approves $500 mn loan for 1 million housing units

According to a statement issued by Housing Minister Mostafa Madbouly on Wednesday, the World Bank has approved a US$500 million…
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