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Egypt
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Urban & Transport
11/17/2022 6:15:59 PM
Egypt’s Minister of Local Development Hisham Amna and Minister of International Cooperation Rania El-Mashat launched the Egyptian Sustainable Cities Initiative in cooperation with the World Bank to enhance sustainable solutions in Egyptian cities.
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COP27
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Sharm El-Sheikh
11/9/2022 1:55:09 PM
During the COP27 being held in Sharm El-Sheikh, the World Bank launched the Country Climate and Development Reports (CCDRs) for Egypt that provide recommendations on how the country can attain its development goals while mitigating and/or adapting to the repercussions of climate change.
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Business
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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.
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World
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Africa
11/4/2022 4:58:25 PM
South Africa, one of the world's largest greenhouse-gas emitters, has been granted financing of $497 million to decommission one of its largest coal-fired power plants and convert it to renewable energy, the World Bank said.
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Business
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Economy
11/4/2022 4:52:44 PM
Developing countries can slash their emissions with relatively modest investments, but they will need greater support from the international community, the World Bank said on Thursday.
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Al-Ahram Weekly
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Egypt
10/21/2022 10:30:00 AM
Al-Ahram Weekly talks to World Bank Country Director for Egypt, Yemen, and Djibouti Marina Wes about Egypt’s growth prospects amid the ongoing global economic conditions
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Al-Ahram Weekly
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Egypt
10/20/2022 10:54:00 AM
Egypt is anticipating its fourth loan from the International Monetary Fund in order to boost the economy, increase foreign-currency reserves, and cushion the effects of the global inflationary wave.
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Business
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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.
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COP27
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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.
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World
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Region
10/12/2022 10:59:59 PM
The G7 and IMF pledged their steadfast financial support to Ukraine on Wednesday as the country reels from Russian missile strikes and needs billions of dollars in monthly aid.
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Business
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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.
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Business
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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.
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Al-Ahram Weekly
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Economy
9/29/2022 11:52:00 AM
While the number of social assistance programmes is increasing, questions remain about how efficient they are in distributing resources.
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World
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International
9/25/2022 2:15:06 PM
The World Bank said it will provide about $2 billion in aid to Pakistan, ravaged by floods that have killed more than 1,600 people this year, the largest pledge of assistance so far.
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Al-Ahram Weekly
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Egypt
9/8/2022 5:37:00 PM
Hiroshi Matano, executive vice president of the World Bank’s Multilateral Investment Guarantee Agency, speaks about the agency’s role in Egypt and its support for climate change mitigation and adaptation
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Egypt
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Foreign Affairs
9/6/2022 11:17:22 PM
Prime Minister Mostafa Madbouly said on Tuesday it is important to resume the development program between Egypt and the World Bank in the nearest possible time, especially in light of the current economic global crisis, the Egyptian cabinet announced.
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World
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International
9/3/2022 2:09:26 PM
Sri Lanka's ousted President Gotabaya Rajapaksa, who returned home after seven weeks in exile following protests over economic hardships, could face legal action over forced disappearances of activists now that he has been stripped of constitutional immunity, a lawyer said Saturday.
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World
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Region
8/29/2022 4:58:10 PM
The granddaughter of a former Lebanese president Monday announced her bid for the cash-strapped country's upcoming presidential elections on a platform critical of the Iran-backed Shia group Hezbollah.
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COP27
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Articles
8/25/2022 10:28:20 PM
Action on climate change is being steered by the developed countries without regard for the growing levels of poverty and threatened living standards in the developing world.
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War in Ukraine
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Humanitarian
8/8/2022 8:55:46 PM
The World Bank on Monday announced it was mobilizing another $4.5 billion in US-provided financial support for war-torn Ukraine.
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