World Bank

World Bank grants Egypt US$6.7 mn for water resources
Egypt

World Bank grants Egypt US$6.7 mn for water resources

The World Bank is granting Egypt US$6.7 million to improve its management of water resources, World Bank Senior Operations Officer Husam…
In meeting with World Bank, Qandil asks for railways, infrastructure help
Egypt

In meeting with World Bank, Qandil asks for railways, infrastructure help

Prime Minister Hesham Qandil met with senior World Bank manager Mirza Hassan Saturday, along with Finance Minister Morsy Hegazy and…
Central Bank: US$5 bn in foreign investments left Egypt in six months
Business

Central Bank: US$5 bn in foreign investments left Egypt in six months

A total of US$5 billion in foreign investments left Egypt during the last six months, the Central Bank of Egypt…
World Bank: Egypt’s GDP, non-oil cash flows could grow significantly
Egypt

World Bank: Egypt’s GDP, non-oil cash flows could grow significantly

The World Bank has predicted that Egypt's GDP will grow at a rate of 3.8 percent in the fiscal year…
World Bank promises Egypt US$1 billion loan
Egypt

World Bank promises Egypt US$1 billion loan

The World Bank plans to support Egypt’s economic reform plan with a US$1 billion loan to create new programs to…
Finance minister: Egypt close to US$1 bn loan from World Bank
Egypt

Finance minister: Egypt close to US$1 bn loan from World Bank

Egypt had agreed with the World Bank on the terms for obtaining a US$1 billion loan to finance projects that…
World Bank warns of deepening Palestinian fiscal crisis
World

World Bank warns of deepening Palestinian fiscal crisis

A fiscal crisis in the aid-dependent Palestinian economy will worsen unless foreign funding increases and Israel eases its restrictions in…
Donors pledge US$6.4 billion in aid to Yemen
World

Donors pledge US$6.4 billion in aid to Yemen

RIYADH — A group of international donors pledged US$6.4 billion of aid to Yemen on Tuesday to help the impoverished country rebuild after it…
Egypt and World Bank sign US$200 million loan aimed at creating quarter million jobs
Business

Egypt and World Bank sign US$200 million loan aimed at creating quarter million jobs

Egyptian Cabinet ministers and World Bank officials have signed off on a US$200 million project aimed at creating 250,000 jobs…
Egypt to sign US$200 mn World Bank loan
Business

Egypt to sign US$200 mn World Bank loan

Egypt will sign a US$200 million loan with the World Bank Tuesday, state news agency MENA reported. Planning and International…
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