Al-Ahram Weekly
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Opinion
4/5/2023 10:59:00 AM
A recent World Bank report sets out ways in which governments can foster economic growth threatened by the worldwide slowdown over the last decade, writes Mahmoud Mohieldin
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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
3/22/2023 2:08:27 PM
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Business
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Economy
3/22/2023 2:01:24 PM
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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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World
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Region
3/6/2023 11:14:59 PM
The World Bank is pausing talks over its future engagement with Tunisia following anti-immigrant comments made by the country's president, Kais Saied, according to an internal message to staff seen by AFP.
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Business
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Economy
3/1/2023 1:27:44 PM
The World Bank announced on Wednesday a $9.13 million grant from the Global Environment Facility (GEF) to expand the scope of the Greater Cairo Air Pollution Management and Climate Change Project.
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World
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Region
2/27/2023 9:20:27 PM
The devastating February 6 earthquake and aftershocks that hit southern Turkey have caused damage worth more than $34 billion in the country, the World Bank said on Monday.
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Business
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Economy
2/23/2023 8:23:14 PM
US President Joe Biden said Thursday that Washington is nominating former Mastercard Chief Executive Ajay Banga as a candidate to lead the World Bank, after its current head announced plans to step down early.
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Egypt
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Society
2/18/2023 5:06:50 PM
The Egyptian General Authority for Supply Commodities (GASC) has announced a tender note for the purchase of wheat within the framework of the Food Security and Resilience Support Program funded by the World Bank under loan.
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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
1/10/2023 10:49:14 PM
Amid global economic crises, the World Bank expected the growth of the Middle East and North Africa (MENA) region to slow down to 3.5 percent this year and to 2.7 percent in 2024, down from 5.7 percent recorded in 2022.
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Business
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Economy
1/10/2023 6:16:54 PM
The global economy will slow "perilously close" to a recession this year, led by weaker growth in all the world's top economies _ the United States, Europe and China, the World Bank warned on Tuesday.
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Egypt
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Society
12/29/2022 3:18:28 PM
The General Authority for Supply Commodities (GASC), Egypt’s state grain buyer, has announced that it has contracted for 200,000 tons of Russian wheat under the World Bank-backed Emergency Food Security and Resilience Support Project.
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Business
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Economy
12/23/2022 4:09:00 PM
The World Bank announced on Friday $500 million in financing dedicated to expanding and strengthening Egypt’s flagship Takaful and Karama social safety net program.
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Business
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Economy
12/22/2022 3:28:45 PM
The World Bank has revised down predictions for Egypt’s real GDP growth in FY2022/2023 to 4.5 percent, down from 4.8 percent it expected in October and below the 6.6 percent the country attained in FY2021/2022.
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Business
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Economy
12/20/2022 12:54:52 PM
The World Bank on Tuesday slashed its China growth forecast for the year as the pandemic and weaknesses in the property sector hit the world's second largest economy.
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Business
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Economy
12/19/2022 3:25:39 PM
The Ready-Made Garment Chamber of the Federation of Egyptian Industries announced on Monday the signing of a cooperation protocol with the International Finance Corporation (IFC), a finance arm of the World Bank Group, that aims to develop Egypt’s technical and specialized textile supply chain.
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Business
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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.
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