World Bank

Egypt negotiates 25 million-euro grant with EU, World Bank
Business

Egypt negotiates 25 million-euro grant with EU, World Bank

Egypt has negotiated a 25 million-euro grant for development projects with the European Union and World Bank, an official with…
World Bank officials to visit Egypt again over borrowing
Egypt

World Bank officials to visit Egypt again over borrowing

World Bank officials plan to visit Cairo to examine the possibility of giving loans to Egypt, said Vakhtang Lejava, a…
IMF concludes visit to Egypt, no word on aid
Business

IMF concludes visit to Egypt, no word on aid

The International Monetary Fund wrapped up a mission to Egypt saying the country faced economic challenges but gave no word…
Amid debt concerns, large World Bank projects continue
Business

Amid debt concerns, large World Bank projects continue

As Egyptian civil society calls for the eradication of debts incurred under former President Hosni Mubarak, Egypt’s government continues to…
Drop ‘dictator debt,’ activists and economists say
Business

Drop ‘dictator debt,’ activists and economists say

Egypt has a budget deficit of nearly 10 percent of GDP and the finance minister recently said that the country…
Minister: Egypt’s foreign debts within safe limits
Business

Minister: Egypt’s foreign debts within safe limits

Egypt's foreign debts remain within the safe limits of International Monetary Fund (IMF) and World Bank standards, Planning and International…
World Bank: Arab countries asked for help in retrieving smuggled funds
Egypt

World Bank: Arab countries asked for help in retrieving smuggled funds

Some North African Arab countries have resorted to the World Bank to help them recover money illegally smuggled out of…
Authorities to investigate funding of unregistered NGOs
Egypt

Authorities to investigate funding of unregistered NGOs

The Egyptian government has filed a report on illegal foreign funding for civilian organizations, Minister of Planning and International Organization,…
Finance minister says Egypt won’t ask for IMF, World Bank loans
Business

Finance minister says Egypt won’t ask for IMF, World Bank loans

Egypt will not approach the International Monetary Fund (IMF) or the World Bank for loans, Finance Minister Hazem al-Beblawy said…
Egypt discusses finance package with Saudi, UAE
Business

Egypt discusses finance package with Saudi, UAE

Egypt is discussing financial packages for budgetary and other support with Saudi Arabia and the United Arab Emirates that could…
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