World Bank
Why World Bank and NGOs fail
Opinion
February 21, 2012
Why World Bank and NGOs fail
A few days ago, I was invited to a meeting for the World Bank’s office in Cairo to discuss a…
Egypt’s unemployment rate rises to 12.4%
Business
February 18, 2012
Egypt’s unemployment rate rises to 12.4%
Egypt's fourth quarter unemployment rate rose by two percentage points from the previous quarter, the government’s statistics office said on…
World Bank okays US$240 mln loan for Giza power plant
Egypt
February 15, 2012
World Bank okays US$240 mln loan for Giza power plant
The World Bank approved on Tuesday a US$240 million loan to help Egypt develop the Giza North power project as…
Dented economy haunts Egypt a year after revolt
Business
February 10, 2012
Dented economy haunts Egypt a year after revolt
A year after Egypt overthrew Hosni Mubarak, the poor state of the once-growing economy of the Arab world's most populous…
World Bank head expects ‘tensions’ over US$1bn loan
Business
February 10, 2012
World Bank head expects ‘tensions’ over US$1bn loan
The head of the World Bank expects “tensions” as Egypt negotiatesa US$1 billion loan with the international lender, which could…
Deficit in new budget exceeds LE140 bln
Business
February 7, 2012
Deficit in new budget exceeds LE140 bln
The total amount of resources in the new budget is estimated at LE350 billion and the deficit stands at LE141…
EU pledges US$650 million in aid to Egypt
Business
February 1, 2012
EU pledges US$650 million in aid to Egypt
The European Union will give Egypt a financial aid package worth US$650 million, Egyptian Minister of Finance Momtaz al-Saeed said…
Egypt to seek US$1 bln in loans from World Bank, African Development Bank
Business
January 26, 2012
Egypt to seek US$1 bln in loans from World Bank, African Development Bank
Egypt plans to officially apply for US$1 billion in loans from the World Bank and the African Development Bank, the…
Brotherhood Supreme Guide Badie meets with US ambassador
Egypt
January 18, 2012
Brotherhood Supreme Guide Badie meets with US ambassador
The popularity of the United States is diminishing because of US support for dictators, Muslim Brotherhood Supreme Guide Mohamed Badie…
Egypt signs US$200 million loan with World Bank
Business
January 17, 2012
Egypt signs US$200 million loan with World Bank
The Egyptian government is signing an agreement with the World Bank for a loan of US$200 million, Minister of Planning…