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Business
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Economy
12/10/2023 2:18:20 PM
Egypt’s Ministry of International Cooperation formed a partnership with the World Bank to incentivize innovation in climate-smart agriculture (CSA), according to a ministerial statement on Sunday.
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Business
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Economy
12/5/2023 3:02:38 PM
The International Financial Corporation (IFC), the financial arm of the World Bank, partnered with Al Baraka Bank Egypt to offer $50 million in finance for Egyptian micro, small and medium-sized enterprises (MSMEs) including women-owned businesses, according to a statement on Tuesday.
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Business
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Economy
11/12/2023 4:58:52 PM
Egypt was awarded by the World Bank for its outstanding Strategy for Competition Policies and Competitive Neutrality, according to a statement by the Egyptian Competition Authority (ECA) on Sunday.
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Business
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Economy
11/1/2023 5:09:44 PM
The Central Bank of Egypt’s (CBE) Monetary Policy Committee (MPC) is scheduled to hold its penultimate meeting for 2023 on Thursday to review key interest rates amid the latest economic developments on the local and global fronts.
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Business
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Economy
10/30/2023 2:56:30 PM
The escalation of the war in Gaza is expected to have various implications for oil and other commodity markets, initially triggering a surge in oil prices and subsequently causing disruptions in other commodity sectors.
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Business
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Economy
10/24/2023 3:33:22 PM
Egypt's Ministry of International Cooperation and the World Bank Group held extensive discussions with the Climate Investment Fund (CIF) mission on the executive plan for the Nature, People and Climate Investment initiative.
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Al-Ahram Weekly
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Opinion
10/17/2023 8:43:04 PM
Mahmoud Mohieldin writes on the main messages from Marrakesh on this year’s World Bank and International Monetary Fund annual meetings
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Al-Ahram Weekly
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Egypt
10/17/2023 8:26:22 PM
As the World Bank and International Monetary Fund meetings finished last week in Marrakesh, Director of the fund’s Middle East and Central Asia Department Jihad Azour discussed Egypt’s economic priorities with Nevine Kamel in Marrakesh
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Business
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Markets & Companies
10/16/2023 3:38:53 PM
Egypt’s state-owned Banque Misr has secured a $234 million loan from the International Financial Corporation (IFC), the financial arm of the World Bank, to offer financing to privately-owned micro, small, and medium-sized enterprises (MSMEs) in the country.
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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
10/12/2023 5:34:22 PM
The war between Israel and Hamas has cast a shadow over the IMF-World Bank annual meetings in Morocco, with warnings Thursday that it has darkened the outlook for an already sluggish global economy.
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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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Business
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Economy
10/9/2023 10:33:04 AM
The annual meetings (autumn meetings) of the International Monetary Fund (IMF) and the World Bank Group (WBG) kicked off on Tuesday in Marrakech and will continue through 15 October.
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Business
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Economy
10/5/2023 10:46:13 PM
The World Bank has revised up its forecasts for Egypt’s real GDP growth in 2023 to 4.2 percent from 4 percent, according to the bank’s latest MENA economic update released on Thursday.
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Business
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Economy
10/5/2023 10:16:35 PM
The World Bank and International Monetary Fund will tackle the thorny issue of institutional reform at their upcoming annual meetings in Morocco next week.
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World
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Region
9/18/2023 9:55:00 AM
Israel's restrictions and rising fiscal constraints in the Palestinian territories are severely impacting the economic conditions of Palestinians and hindering their access to timely life-saving healthcare, the World Bank said Monday.
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Business
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Economy
9/12/2023 5:48:09 PM
The World Bank has appointed Stephane Guimbert as the new country director for Egypt, Yemen, and Djibouti, effective 1 August.
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Business
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Economy
9/7/2023 6:41:03 PM
The leaders of the International Monetary Fund and World Bank announced Thursday that the two institutions will collaborate more closely to tackle the "existential threat" posed by climate change.
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Business
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Economy
9/4/2023 12:56:03 PM
Egyptian National Railways (ENR) signed a €340 million ($367.05 million) contract with the Orascom Construction and French electrical systems company Thale to develop the Cairo-Beni Suef railway corridor.
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World
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International
8/29/2023 5:51:36 PM
The United States is racing to improve its messaging to the developing world as the BRICS group grows, although few in Washington view an immediate threat from the Chinese-backed club.
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