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Business
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Tech
7/16/2025 4:09:00 PM
Developing countries are experiencing an unprecedented rise in financial inclusion, with more adults than ever now owning a bank or mobile-money account, according to the World Bank Group’s newly released Global Findex 2025 report.
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Business
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Economy
6/17/2025 12:01:20 PM
Foreign direct investment (FDI) inflows to emerging markets and developing economies (EMDEs) have steadily weakened since the 2008 global financial crisis, both in nominal terms and as a share of GDP, the World Bank (WB) announced on Monday.
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Business
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Economy
6/1/2025 12:07:27 PM
In an interview with Ahram Online, the World Bank (WB) Division Director for Egypt, Yemen and Djibouti Stephane Guimbert discusses the Takaful and Karama program successes, its future challenges, and the innovative strategies being employed to ensure it continues to meet the evolving needs of Egypt’s most vulnerable populations.
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Sports
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Omni sports
3/13/2025 8:16:33 PM
Oleksandr Usyk has been ordered by the WBO to start negotiations for a title defense against Joseph Parker amid reported talks between the Ukrainian and Daniel Dubois for a fight to become the undisputed heavyweight champion.
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Business
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Economy
1/17/2025 6:00:17 PM
The World Bank (WB) has maintained its projections for Egypt’s real GDP growth in the current FY2024/2025 at 3.5 percent, but upgraded it to 4.2 percent in the FY2025/2026, according to the Global Economic Prospects report WB released on Thursday.
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Business
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Economy
11/12/2024 8:31:00 PM
World Bank (WB) Chief Economist for the Middle East and North Africa (MENA) Region Roberta Gatti discussed the latest forecasts for global and regional economic prospects in an interview with Ahram Online, emphasizing that the Egyptian economy's recovery hinges on inflation control, debt management, and investment.
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Business
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Economy
11/9/2024 2:14:05 PM
The Micro, Small and Medium Enterprise Development Agency (MSMEDA) is cooperating with the World Bank (WB) to upgrade the Egyptian Entrepreneurship eco-system, CEO Bassel Rahmy said.
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Sports
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Omni sports
6/26/2024 12:38:46 PM
Oleksandr Usyk has confirmed he will vacate his IBF title just weeks after he became undisputed world heavyweight champion.
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Business
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Economy
6/24/2024 11:42:38 AM
The World Bank (WB) has announced $700 million in Development Policy Financing (DPF) for Egypt to support the country’s shift towards more private sector participation, better macroeconomic and fiscal resilience, and a greener growth trajectory, the WB said in a statement on Monday.
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Sports
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Omni sports
5/8/2024 9:07:13 PM
The World Boxing Council has stripped unbeaten Jermall Charlo of his middleweight title following his arrest this week on suspicion of drunken driving in Texas.
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Business
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Economy
4/17/2024 3:16:11 PM
Egypt’s Minister of International Cooperation Rania Al-Mashat, delivered a speech as the Governor of Egypt to the World Bank Group (WBG) during the G24 Governors and Ministers Meeting held in Washington. The address took place at the WBG and the International Monetary Fund (IMF) 2024 Spring Meetings.
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Business
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Economy
4/16/2024 9:35:00 PM
Minister of International Cooperation and Governor of Egypt at the World Bank Rania Al-Mashat met with key representatives of the World Bank Group during the Spring Meetings of the International Monetary Fund and the WB Group in Washington.
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Business
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Economy
4/16/2024 7:12:57 PM
Egypt’s real GDP growth is expected to slow down to 2.8 percent in the current FY2023/2024, which ends on 30 June, before rebounding to 4.2 percent in the FY2024/2025 according to the MENA Economic Update released by the World Bank on Monday.
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Business
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Economy
3/18/2024 4:58:00 PM
The World Bank Group (WBG) has announced over $6 billion of new financing to Egypt over the next three years, the WBG said on Monday.
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Business
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Economy
1/14/2024 12:04:53 PM
Minister of International Cooperation Rania Al-Mashat held a meeting with President of the World Bank Group (WBG) Ajay Banga to discuss future cooperation and the bank's role in enhancing Egypt’s private sector involvement in the economy, according to a cabinet statement on Saturday.
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Business
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Economy
1/10/2024 6:04:39 PM
A mission from the World Bank (WB) arrived in Egypt on Tuesday for a multi-day visit to discuss the development of the country's State Ownership Policy Document and how best to manage these assets, according to a statement by the Ministry of International Cooperation on Wednesday.
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Business
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Economy
12/27/2023 2:19:48 PM
Egyptian expats’ remittances are expected to have declined by over 15 percent to $24.2 billion in 2023 from $28.3 billion in 2022, according to a recent report released by the World Bank (WB) in December.
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Business
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Economy
12/4/2023 4:04:21 PM
Egypt has revised down its growth projection for FY 2023/2024 to 3.5 percent, Hala El-Said, minister of planning and economic development, said on Monday.
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Business
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Economy
10/15/2023 6:21:25 PM
Egypt is actively working to enhance its social protection system, aiming for greater flexibility, inclusivity, and sustainability, according to Minister of Finance Mohamed Maait, speaking on Saturday at the International Monetary Fund (IMF) and World Bank (WB) meetings in Marrakesh.
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Business
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Economy
10/10/2023 8:29:18 PM
Strengthening the resilience of Africa, a crossroad between Europe and the rest of the world, is at the heart of discussions in the annual meetings of the International Monetary Fund (IMF) and the World Bank Group (WBG) being held in Marrakech through 15 October.
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