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Business
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Economy
5/29/2023 3:28:48 PM
Banque Misr will receive a $260 million loan from the World Bank's (WB) financial arm, the International Finance Corporation (IFC) over five years to support micro, small, and medium-sized enterprises (MSMEs).
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Business
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Economy
5/10/2023 7:10:47 PM
The World Bank (WB) is among the international partners that Egypt relies on to bridge its $17 billion financing gap through FY2025/26.
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Business
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Economy
5/4/2023 12:54:39 PM
Egypt hosted on Wednesday the International Finance Corporation's (IFC) summit on Law and Gender Conference, with a focus on the interplay between the private sector and the judiciary in advancing women’s economic participation in the Middle East and North Africa (MENA).
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Business
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Economy
5/3/2023 4:17:05 PM
The EU has significantly increased its liquefied natural gas (LNG) imports from Egypt, among six countries, in 2022, the Information and Decision Support Centre said on Wednesday, citing a report by the World Bank (WB).
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Business
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Economy
4/14/2023 1:07:48 AM
Ahram Online spoke to the President of the World Bank Group (WBG) David Malpass during the International Monetary Fund's (IMF) and World Bank Group's (WBG) spring meetings currently held in Washington DC.
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Business
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Economy
4/13/2023 6:00:00 PM
Ahram Online spoke to the Managing Director of the International Monetary Fund (IMF) Kristalina Georgieva during a press briefing held on Thursday, on the sidelines of the IMF's and World Bank's (WBG) spring meeting in Washington DC, to announce the IMF’s Global Agenda Policy.
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Business
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Economy
3/29/2023 5:06:52 PM
Egypt secured a total of $2.6 billion in development financing from its multilateral and bilateral development partners for the private sector in 2022, according to the 2022 Annual Report “International Partnerships for Sustainable Development: From Pledges to Implementation” the Ministry of International Cooperation released on Wednesday.
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Business
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Economy
3/22/2023 3:54:35 PM
The International Finance Corporation (IFC), a World Bank Group (WBG) financing arm, said on Wednesday it will make an equity investment of up to €25 million in the Mediterrania Capital Partners’ Mediterrania MC IV fund, with the possibility of investing another €20 million later on.
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Business
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Economy
3/22/2023 3:46:00 PM
The World Bank Group (WBG) Board of Executive Directors approved on Tuesday a new Country Partnership Framework (CPF) for Egypt, laying out the WBG’s strategy in the country for FY2023–2027, the WBG announced on Wednesday.
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Business
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Economy
3/15/2023 3:25:31 PM
Minister of International Cooperation Rania Al-Mashat has expressed Egypt's support for the candidacy of Ajay Banga, the US' nominee to lead the World Bank Group (WBG), during a virtual call on Wednesday.
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Egypt
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Society
2/8/2023 4:16:50 PM
The World Bank (WB) launched on Tuesday a report entitled “Achieving the Demographic Dividend in the Arab Republic of Egypt: Choice, Not Destiny” with the attendance of the bank’s Human Development Vice President Mamta Murthi and a number of Egyptian ministers.
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Business
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Economy
11/8/2022 2:59:21 PM
The World Bank Group (WBG) announced Tuesday a new multi-partner fund that will pool funding from the global community – including donor countries, the private sector and foundations – for scalable pathways to reducing greenhouse gas emissions.
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Al-Ahram Weekly
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Egypt
10/21/2022 10:30:00 AM
Al-Ahram Weekly talks to World Bank Country Director for Egypt, Yemen, and Djibouti Marina Wes about Egypt’s growth prospects amid the ongoing global economic conditions
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Business
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Economy
10/15/2022 2:32:15 PM
Governor of the Central Bank of Egypt (CBE) Hassan Abdallah chaired on Friday the plenary session of the World Bank Group (WBG) and International Monetary Fund (IMF) Boards of Governors.
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COP27
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Sharm El-Sheikh
10/14/2022 3:05:00 PM
World Bank Group President David Malpass lauded the strong ties with the WB member states, including Egypt, pointing out that the bank looks forward to working with Egypt towards a successful 2022 global climate conference, COP27.
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Business
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Economy
10/10/2022 9:20:45 PM
Egypt and the World Bank Group (WBG) share a development cooperation portfolio that covers 14 ongoing projects worth almost $7 billion in priority sectors up until October, Ministry of International Cooperation said in a Monday statement.
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Business
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Economy
10/4/2022 1:39:47 PM
The World Bank Group (WBG) has approved a $400 million development financing agreement to decarbonise transport infrastructure in Egypt by developing an Alexandria–6th of October–Greater Cairo Area (GCA) railway corridor, the Ministry of International Cooperation announced on Monday.
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Business
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Economy
6/29/2022 11:55:38 AM
The World Bank’s (WB) Board of Executive Directors announced its approval on Wednesday of a $500-million-loan to back Egypt’s social protection net and food security in the face of the impacts of the Russian-Ukrainian War.
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Business
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Economy
6/9/2022 10:25:56 PM
A World Bank (WB) delegation concluded on Wednesday a five-day visit to Egypt where it discussed with a group of Egyptian government officials how to support the country amid the repercussions of the Russia-Ukraine war.
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Business
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Economy
6/7/2022 8:34:04 PM
The World Bank (WB) expects the Egyptian economy to grow from 5.9 percent to 6.1 percent in the fiscal year (FY) 2021/22.
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