Japan secures $1b portfolio guarantee with World Bank
Japan signed a $1 billion portfolio guarantee agreement to increase financing from the International Bank for…
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International Bank for Reconstruction and Development
World Bank approves new $7 billion partnership framework with Egypt
The World Bank Group has approved on Wednesday a new strategic partnership framework for Egypt till 2027, through a…
World Bank may loosen loan ratio to relieve $4bln a year
The World Bank may change its lending guidelines to free up $4 billion in lending capacity each year to help…
Egypt’s parliament Oks two deals for housing, water sectors – minister
Egypt's parliament ratified two deals with the International Bank for Reconstruction and Development (IBRD), a…
Egypt’s parliament Oks $53 million deals to fight coronavirus
Egyptian parliament ratified on Monday two deals estimated at $53 million with the International Bank for…
Parliament approves Egypt share increase in IBRD capital stock
Egyptian parliament’s economic committee approved on Sunday a presidential decree to increase Egypt’s authorized…
Egyptian int’l minister heads to U.S. for IMF-World Bank Spring Meetings
Egypt is taking part in the World Banks’ this year meetings scheduled for April 15-17, 2016 in Washington, D.C. As…
World Bank secures $500 million to develop industrial zones in Upper Egypt
The World Bank will finance the development of the infrastructure for the industrial zones in Upper Egypt…
Sisi approves $400mn loan from World Bank’s IBRD for social scheme
Egypt's President Abdel Fattah al-Sisi has ordered the approval of a $400 million loan from a World Bank Group…
World Bank’s Portfolio in Egypt record US$5.4 million in FY2015
World Bank Group’s current portfolio in Egypt surged to US$5.4 billion in FY2015, including 26 projects. The…
