IFC to issue Egyptian pound bond
The International Finance Corporation (IFC) has gained approval from the Egyptian Cabinet on Thursday to issue…
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World Bank Group (WB)
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…