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" World Bank Group"

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Business - Economy
12/1/2022 12:11:03 PM
The International Finance Corporation (IFC), a financing arm of the World Bank Group, alongside UAE, Japanese, Dutch, and private sector commercial banking partners, announced on Wednesday a $1.1 billion financing package for Egypt, including debt and equity.

Business - 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.

Business - 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.

COP27 - 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.

Business - 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.

Business - 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.

Business - Economy
5/26/2022 1:20:14 PM
​The Governor of the Central Bank of Egypt Tarek Amer is set to chair the World Bank Group (WBG) and the International Monetary Fund's (IMF) annual meetings, which are scheduled to be held in October, the World Bank announced on Thursday.

Business - Economy
4/18/2022 5:00:14 PM
The annual meetings of the International Monetary Fund (IMF) and the World Bank Group (WBG) kicked off in Washington DC on Monday, with the key theme expected to focus on the repercussions of the Russia-Ukraine conflict and COVID-19 on the global economy.

Business - Economy
4/14/2022 3:19:40 PM
The International Monetary Fund (IMF) will revise down the real GDP growth of 143 economies – accounting for 86 percent of global GDP – following the Russian invasion of Ukraine, IMF Managing Director Kristalina Georgieva said on Thursday.

Business - Markets & Companies
4/11/2022 2:11:16 PM
The International Finance Corporation (IFC) — a World Bank Group member — is set to invest $15 million in the second fund from venture capital firm Algebra Ventures with the aim of supporting tech start-ups with access to finance and drive innovation and job creation primarily in Egypt.

Business - Markets & Companies
3/22/2022 2:46:24 PM
The International Finance Corporation (IFC) — a member of the World Bank Group — along with African and European partners launched on Tuesday the Alliance for Entrepreneurship in Africa (AforE).

Business - Economy
2/26/2022 12:21:48 PM
The International Monetary Fund (IMF) will work hand-in-hand with the World Bank Group (WBG) and other partners to coordinate support for Ukraine amid the Russian invasion, the IMF’s managing director Kristalina Georgieva stated on Friday.

Business - Economy
2/1/2022 1:56:33 PM
The World Bank Group (WBG) and the International Monetary Fund (IMF) announced that their annual autumn joint meetings will be held in Washington DC in October instead of Marrakesh, Morocco due to COVID-19 concerns.

Business - Economy
12/20/2021 2:37:52 PM
Egypt’s Minister of International Cooperation Rania Al-Mashat discussed with the World Bank Group’s (WBG) development policy financing team bringing forth a new round of the Country Partnership Framework (CPF) for Egypt, maintaining the momentum and building on the strong progress achieved over the course of the 2015-2019 CPF and the two-year extension that followed.

Business - Economy
11/11/2021 12:13:14 PM
Egypt has done well regarding the implementation of its economic reforms and the government’s performance amid the pandemic, and it has the potential to serve as a regional economic hub, Merza Hasan, the dean of the Board of Executive Directors at the World Bank Group told Ahram Online.

Business - Economy
10/14/2021 5:35:44 PM
The World Bank do vaccination programs in many of the countries, and we've worked with and encouraged Egypt in contracting, said the WBG’s President David Malpass.

Al-Ahram Weekly - Economy
10/14/2021 1:55:00 PM
On the sidelines of the annual meetings of the International Monetary Fund and the World Bank Group board of directors, Deputy Division Chief in the IMF Fiscal Affairs Department Paulo Medas explained how the world is handling coronavirus-induced debt to Al-Ahram Weekly.

Business - Economy
10/10/2021 12:20:49 PM
The annual meetings, autumn meetings, of the International Monetary Fund (IMF)’s and the World Bank Group (WBG)’s Board of Governors are to kick off on Monday and will be held over a week.

Business - Economy
9/22/2021 11:49:00 PM
Marina Weiss, the regional director of the World Bank, thanked the Egyptian government for its collaboration in curbing the repercussions of climate change

Business - Economy
9/16/2021 5:52:33 PM
The task force expressed concerns that without urgent steps the world is unlikely to achieve the target of vaccinating at least 40 percent of the population globally by end of 2021

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