World Bank

Pandemic drives broadest economic collapse in 150 years: World Bank
World

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

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

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

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

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

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

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

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

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

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…
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