Egypt, World Bank discuss healthcare reform, universal insurance
Egypt's Health Minister Khaled Abdel Ghaffar met with a World Bank delegation on Sunday to discuss expanding…
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World Bank Group (WB)
Egypt, World Bank discuss expanding cooperation on reforms, investment
Egyptian Prime Minister Moustafa Madbouly met World Bank Managing Director and Chief Knowledge Officer Pascal…
Egypt, World Bank advance national FDI strategy
Egypt and the World Bank are advancing work on a national foreign direct investment (FDI) strategy, with officials…
Egypt reviews industrial development strategy with World Bank
Egypt’s Ministry of Industry is seeking closer cooperation with the World Bank to accelerate industrial…
Egypt, WB host annual retail bonds conference
Egypt's Ministry of Finance and the World Bank (WB) hosted the annual retail bonds conference.
World Bank to double agricultural commitments to $9b/year by ’30
The World Bank plans to double its annual investments in agricultural financing and businesses to $9 billion by…
WB approves $80m to boost Cambodia’s higher education
The World Bank approved a $80 million in financing to support Cambodia's efforts to enhance the quality of higher…
WB: Inflation erodes living standards in Laos
The World Bank (WB) said that high inflation in Lao is impacting living standards, changing the labour force, and…
WB raises India’s growth forecast to 7% for FY ’25
The World Bank (WB) revised India's growth forecast for the current fiscal year to seven per cent.
IFC partners with Lanka NGOs to combat gender-based violence
The IFC introduced a pioneering training programme to address gender-based violence and harassment in Sri Lanka's…
Egypt gets World Bank recognition for fairer market reforms
The World Bank is applauding Egypt's efforts to create a more level playing field for businesses. Stephane Guimbert…
World Bank updates Egypt’s FY24, FY25 growth forecasts
Egypt’s economic growth is expected at 2.8 per cent in the 2024 financial year - which runs from July 2023 to June…
Gaza attacks to throw Lebanon into recession again – World Bank
The attacks in Gaza are expected to push Lebanon's economy into recession one more time, the World Bank said on…
IFC to issue Egyptian pound bond
The International Finance Corporation (IFC) has gained approval from the Egyptian Cabinet on Thursday to issue…
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 grants $9.13mln to support Egypt’s climate change efforts
World Bank has secured a $9.13 million grant from the Global Environment Facility (GEF) to expand the scope of the…
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…
Africa Health ExCon’s 2nd edition to host 3k ministers, C-suite officials, decision makers
Africa Health ExCon’s second edition will host about 3,000 ministers, C-suite officials, decision makers and…
World Bank forecasts Egypt’s GDP growth at 4.5% this year
Egypt’s economy is expected to grow 4.5 percent in the financial year 2022/2023, which started last July and ends…
World Bank board approves $500 million to expand social security in Egypt – minister
The executive board of the World Bank Group has approved $500 million in development financing to help Egypt expand…
Malpass at COP27 says half of World Bank’s climate financing is for adaptation
Around half of the World Bank's $32 billion of climate financing is for adaptation to climate change, president…
World Bank launches climate, development report on Egypt at COP27
During the UN climate summit COP27 taking place in Sharm El-Sheikh, the World Bank launched on Tuesday the Country…
Egypt c.bank governor Hassan Abdalla chairs plenary session of IMF-WBG board of governors
Central Bank of Egypt’s (CBE) Governor Hassan Abdalla will chair on Friday the plenary session of the International…
Egypt to play key role in integrating water, climate issues globally – World Bank official
Egypt will have a big role in integrating water and climate issues globally, said Mari Pangestu, managing director…
World Bank revises up FY2021/22 GDP forecast for Egypt to 5.5%
The World Bank forecast on Tuesday revised up its forecast for Egypt’s GDP growth to 5.5 percent for the financial…
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 hosts second multi platform for effective development cooperation
Egypt’s Ministry of International Cooperation hosted the second virtual Multi-Stakeholder stakeholder platform on…
WB-financed infrastructure projects to go into operation in 2 Egyptian governorates soon
Egypt are close to operate five infrastructure projects – financed by the World Bank Group (WB) – in Dakahlia and…
HCCD’s affiliates mandated to develop World Bank-financed projects in Egyptian…
Four Egyptian state-run affiliates have won a mandate to develop infrastructure projects, financed by the World…
World Bank’s delegation inspects sanitation projects in Upper Egypt
A delegation of the World Bank Group (WB) inspected on Tuesday the implementation of a bunch of sanitation projects…
Egypt seeks WB’s funding for developmental flagships in Sinai
Egypt's Minister of Investment and International Cooperation Sahar Nasr discussed with officials of the World Bank…
WB supports Egypt’s plan to become regional hub for oil, gas
The World Bank Group (WB) supports Egypt’s aim to become a regional hub for oil and gas trading, reads a statement…