World Bank
Pandemic drives broadest economic collapse in 150 years: World Bank
World
June 9, 2020
Pandemic drives broadest economic collapse in 150 years: World Bank
The coronavirus pandemic inflicted a “swift and massive shock” that has caused the broadest collapse of the global economy since…
World Bank approves US$50 million support for Egypt to fight coronavirus
Business
May 17, 2020
World Bank approves US$50 million support for Egypt to fight coronavirus
The World Bank has approved US$50 million to support Egypt’s fight against the coronavirus, with the bank explaining in a…
Egypt’s Transport Ministry plans to run BRT buses on ring road
Egypt
May 6, 2020
Egypt’s Transport Ministry plans to run BRT buses on ring road
The Ministry of Transport plans to operate the Bus Rapid Transist (BRT) system buses on the ring road around Greater…
Africa needs US$114 bn this year in its fight against coronavirus: IMF
Business
April 18, 2020
Africa needs US$114 bn this year in its fight against coronavirus: IMF
Africa needs an estimated US$114 billion in 2020 as it fights against the coronavirus, leaving a financing gap of around…
Pandemic a ‘perfect storm’ for South Asia, World Bank says
World
April 12, 2020
Pandemic a ‘perfect storm’ for South Asia, World Bank says
South Asia is on course for its worst economic performance in 40 years, with decades of progress in the battle…
World Bank allocates $7.9 mn to Egypt to fight coronavirus
Egypt
April 3, 2020
World Bank allocates $7.9 mn to Egypt to fight coronavirus
The World Bank on Friday announced it was allocating US$7.9 million to the Egyptian government to finance a coronavirus emergency…
Ethiopia rejects Egypt’s warning against filling the GERD
Egypt
March 4, 2020
Ethiopia rejects Egypt’s warning against filling the GERD
Ethiopia’s Foreign Minister Gedu Andargachew rejected Egypt’s warning to Ethiopia not to begin filling the contentious Grand Ethiopian Renaissance Dam…
Egypt to attend Washington GERD meeting despite Ethiopia’s absence
Egypt
February 27, 2020
Egypt to attend Washington GERD meeting despite Ethiopia’s absence
Egypt will participate in the upcoming ministerial meeting over the Grand Ethiopian Renaissance Dam (GERD) in Washington on February 27…
Egypt’s foreign minister in Washington for GERD meetings
Egypt
February 25, 2020
Egypt’s foreign minister in Washington for GERD meetings
Egypt’s Foreign Minister Sameh Shoukry traveled to Washington on Tuesday to participate in ministerial meetings between Egypt, Sudan and Ethiopia…
Mashat discusses cooperation between Egypt, World Bank during visit to US
Business
February 25, 2020
Mashat discusses cooperation between Egypt, World Bank during visit to US
Egypt’s Minister of International Cooperation Rania al-Mashat met with President of the World Bank Group David Malpass during her official…