World Bank
Egypt stresses importance of negotiating in good faith during GERD Washington talks
Egypt
December 10, 2019
Egypt stresses importance of negotiating in good faith during GERD Washington talks
Egyptian Foreign Minister Sameh Shoukry and Minister of Water Resources and Irrigation Mohamed Abdel Aaty stressed on Tuesday the importance…
Washington hosts 3rd round of GERD talks
Egypt
December 9, 2019
Washington hosts 3rd round of GERD talks
The United States is set to host on Monday a meeting of the Ministers of Foreign Affairs and Water Resources…
CBE governor who led Egypt through worst currency crisis in 30 years to serve second term in office
Business
November 26, 2019
CBE governor who led Egypt through worst currency crisis in 30 years to serve second term in office
Egyptian President Abdel Fattah al-Sisi has renewed Tarek Amer’s term as governor of the Central Bank of Egypt (CBE), al-Borsa newspaper reported…
Fear, turmoil in Lebanon as its financial crisis worsens
Middle East
November 21, 2019
Fear, turmoil in Lebanon as its financial crisis worsens
BEIRUT (AP) — On one of Beirut’s main commercial streets, store owners are cutting salaries by half or considering shutting…
World Bank sounds alarm about Lebanon amid protests, crisis
Middle East
November 6, 2019
World Bank sounds alarm about Lebanon amid protests, crisis
BEIRUT (AP) — The World Bank called on Lebanese authorities Wednesday to urgently form a new government that can address…
Egypt’s Cabinet approves US$500 million fund for “Inclusive Housing Finance Program”
Egypt
November 6, 2019
Egypt’s Cabinet approves US$500 million fund for “Inclusive Housing Finance Program”
The Cabinet approved on Wednesday the World Bank’s US$500 million fund for the “Inclusive Housing Finance Program”, which aims to…
Egypt advances 19 ranks on WB Access to Electricity Index
Society
October 28, 2019
Egypt advances 19 ranks on WB Access to Electricity Index
Egypt’s ranking on the World Bank’s Doing Business report for the Access to Electricity Index has improved, rising 19 ranks…
Anti-government protests resume in Iraq after bloodshed
Middle East
October 25, 2019
Anti-government protests resume in Iraq after bloodshed
Anti-government rallies have renewed across Iraq, the second phase of protests that turned deadly earlier this month and which could…
Egypt advances 6 places on World Bank Doing Business 2020 report
Business
October 24, 2019
Egypt advances 6 places on World Bank Doing Business 2020 report
Egypt advanced on the World Bank’s Doing Business 2020 report six places, ranking 114th out of 190 countries. The ranking…
Egypt’s 5.7 percent economic growth rate ranks best in MENA: cabinet
Economy
October 14, 2019
Egypt’s 5.7 percent economic growth rate ranks best in MENA: cabinet
Egypt’s cabinet published an infographic report on the country’s increasing economic growth, now at 5.7 percent. This rate ranks best…