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"World Bank"

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Business - 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.

World - 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.

World - Region
8/22/2023 10:04:38 PM
US President Joe Biden will urge reforms to the IMF and World Bank that will better serve developing country needs at the G20 summit in New Delhi next month, the White House said Tuesday.

Business - Economy
8/20/2023 9:31:10 PM
The Egyptian Cabinet has approved permitting the International Financial Corporation (IFC), the financial arm of the World Bank, to issue Egyptian pound bonds in international markets.

Al-Ahram Weekly - Opinion
8/15/2023 9:38:01 PM
A broader range of perspectives must be heard if fear-mongering and the suppression of inconvenient truths are not to push us towards the wrong solutions to the world’s problems.

World - Africa
8/10/2023 1:29:05 PM
The World Bank is pausing approval for new public finance projects in Uganda over the country's adoption earlier this year of a bill criminalizing same-sex conduct.

Al-Ahram Weekly - Opinion
7/19/2023 9:14:00 PM
Are Arab refugees in Egypt taking jobs away from Egyptians? The statistics say no, at least with regard to Syrians, many of whom brought along large sums of money which they invested in various enterprises.

Al-Ahram Weekly - Opinion
7/18/2023 4:31:23 PM
Increasing the level and composition of human capital formation in Egypt is necessary in order to boost productivity and economic growth, writes Naglaa Arafa

Business - Economy
7/18/2023 11:47:02 AM
The new head of the World Bank said Tuesday that growing divides between rich and poor nations risked deepening poverty in the developing world, at a meeting of G20 finance ministers in India.

Al-Ahram Weekly - Egypt
7/12/2023 11:14:00 PM
Egypt’s pursuit of key structural reforms will increase its economic resilience and boost confidence in the economy, World Bank Regional Director for Equitable Growth, Finance, and Institutions in MENA Nadir Mohamed tells Al-Ahram Weekly.

Business - Energy
7/11/2023 9:45:57 PM
A multi-billion dollar agreement signed with France's TotalEnergies could help resolve Iraq's longstanding electricity crisis, attract international investors and reduce its reliance on gas imports from neighboring Iran, a point of tension with Washington.

World - International
6/23/2023 2:22:01 PM
French President Emmanuel Macron said Friday there was a "complete consensus" at a summit of world leaders in Paris to reform global financial bodies like the World Bank and International Monetary Fund.

Business - Economy
6/19/2023 8:19:01 PM
The Egyptian government signed on Sunday an agreement with the International Financial Corporation (IFC), the financial arm of the World Bank, to provide advisory services for its initial public offerings (IPOs) programme for state-owned companies.

Business - Economy
6/19/2023 6:07:43 PM
Egypt ranked sixth among low and medium-income countries that received remittances in 2022, a slight decline from its fifth place ranking from the previous year, according to a report by the World Bank in June.

Business - Economy
6/18/2023 4:04:00 PM
Egypt has signed an agreement with the International Financial Corporation (IFC), the financial arm of the World Bank, to provide advisory services for Egypt's privatization programme.

Business - Economy
6/9/2023 1:29:22 PM
Egypt is leading among countries in the Middle East and North Africa (MENA) in providing social protection programmes, according to a recent World Bank report.

Business - Energy
6/6/2023 4:44:17 PM
The World Bank has significantly improved its outlook for the Russian economy this year due to stronger-than-expected revenues from energy exports to countries including India and China.

World - Africa
6/4/2023 11:13:21 PM
South Africa will host the BRICS summit in August 2023. The event could offer the country an opportunity to exercise leadership in the BRICS’ efforts to reform the arrangements for global economic governance and in supporting sustainable and inclusive development in Africa and the Global South.

Business - 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).

Business - Economy
5/27/2023 1:18:24 PM
In an interview with Al-Ahram, Feried Belhaj, vice president for the Middle East and North Africa at the World Bank, discussed the ongoing crises impacting the global economy, and explains how Egypt might best address them with the help of international financial institutions like the World Bank.

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