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"World Bank"

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Business - 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.

Business - Economy
6/24/2022 2:49:46 PM
Women’s representation in the energy sector in the Middle East and North Africa (MENA) region ranges between only seven and nine percent, whilst the global average is 32 percent, according to a study the World Bank released on Thursday.

Egypt - Foreign Affairs
6/23/2022 10:04:44 PM
Egypt has expressed its keenness on sharing its development experience with Cote d’Ivoire as part of the Egyptian commitment to African progress, especially given Egypt's achievements in the last eight years in construction and infrastructure.

Business - 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.

Business - 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.

Egypt - Politics
6/6/2022 11:16:20 PM
Prime Minister Mostafa Madbouly said on Monday that Egypt and the World Bank (WB) have a fruitful partnership, where the value of their cooperation portfolio has reached $5.9 billion in various areas, including health, transportation, and the environment.

Egypt - Foreign Affairs
6/5/2022 9:56:52 PM
Foreign Minister Sameh Shoukry discussed on Sunday with a delegation from the World Bank Executive Directors the Egyptian government’s latest economic reforms as well as the preparations for hosting the UN Climate Change Conference 2022 (COP27).

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.

World - Region
5/18/2022 9:01:09 PM
A new 10 million US dollars grant will help Lebanon mitigate the environmental and health impacts of the Beirut port explosions on the neighboring population and support Beirut's reconstruction, the United Nations said in a statement on Wednesday.

World - Africa
5/16/2022 11:06:14 PM
The Ethiopian government and the World Bank have signed a financing agreement amounting to 300 million US dollars in support of the reconstruction and recovery of conflict-affected areas of Ethiopia.

Business - Economy
5/12/2022 1:11:19 PM
Remittance flows to Egypt are expected to inch up by eight percent in 2022 despite the repercussions of the global economic challenges, the World Bank stated.

World - Region
5/9/2022 4:57:45 PM
The World Bank approved a $150 million soft loan for food security in crisis-hit Lebanon to stabilize bread prices during the coming months, the economy minister said Monday.

World - Region
5/9/2022 3:24:54 PM
The World Bank on Monday urged donors to boost support for the Palestinian Authority, which it said was facing a destabilising budget crisis linked partly to "record low" foreign aid contributions.

Al-Ahram Weekly - Economy
4/30/2022 4:06:00 PM
Al-Ahram Weekly talks to Roberta Gatti, World Bank chief economist for the Middle East and North Africa region, about projections for key Egyptian macroeconomic indices amid the ongoing Russia-Ukraine conflict.

World - International
4/19/2022 1:01:06 PM
Global finance leaders are putting the growing crisis over food insecurity and skyrocketing food prices at center stage as members of the International Monetary Fund and the World Bank meet in Washington and grapple with the brutal effects of Russia's war against Ukraine.

World - International
4/18/2022 5:31:05 PM
The World Bank is seeking to create a $170 billion emergency fund to help the poorest nations being buffeted by multiple crises, the bank's President David Malpass said Monday.

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
4/15/2022 7:55:43 PM
Marie Pangestu, World Bank managing director for development policy and partnerships, spoke to Al-Ahram on the major crises all countries face at present from a sharp slowdown in the global economy and high inflation expected to continue in 2023.

Al-Ahram Weekly - Opinion
4/15/2022 4:19:00 PM
As Egypt gears up to host the COP27 meeting in Sharm El-Sheikh in November, it can lead the world in showing how climate can be integrated into development.

Business - Economy
4/14/2022 5:47:57 PM
The World Bank (WB) has maintained Egypt’s real GDP growth at 5.5 percent in fiscal year (FY) 2021/2022, downgrading its forecast for FY 2022/2023 to five percent, down from 5.5 percent expected in January.

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