Feature World Bank updates Egypt’s FY24, FY25 growth forecasts Yomna Yasser Apr 15, 2024 0 Egypt’s economic growth is expected at 2.8 per cent in the 2024 financial year - which runs from July 2023 to June…
Money World Bank announces more than $6b support package for Egypt Yomna Yasser Mar 18, 2024 0 The World Bank announced on Monday plans to provide more than $6 billion in support to Egypt throughout the coming…
Money Gaza attacks to throw Lebanon into recession again – World Bank Sama Mousa Dec 21, 2023 0 The attacks in Gaza are expected to push Lebanon's economy into recession one more time, the World Bank said on…
Money IMF, World Bank hold 2023 annual meetings in Marrakesh, 1st gatherings in Africa in 50yrs Yomna Yasser Oct 9, 2023 0 The IMF and World Bank are holding their annual meetings in the Moroccan city of Marrakesh, the first gatherings…
Money IFC to issue Egyptian pound bond Yomna Yasser Aug 17, 2023 0 The International Finance Corporation (IFC) has gained approval from the Egyptian Cabinet on Thursday to issue…
Banks World Bank grants $9.13mln to support Egypt’s climate change efforts Nada Ali Mar 1, 2023 0 World Bank has secured a $9.13 million grant from the Global Environment Facility (GEF) to expand the scope of the…
Financial Institutions World Bank may loosen loan ratio to relieve $4bln a year Nada Ali Feb 19, 2023 0 The World Bank may change its lending guidelines to free up $4 billion in lending capacity each year to help…
Money World Bank president David Malpass to step down early Amwal Al Ghad English Feb 15, 2023 0 World Bank President David Malpass announced on Wednesday that he informed the board of his intention to resign by…
Money World Bank forecasts Egypt’s GDP growth at 4.5% this year Yomna Yasser Jan 11, 2023 0 Egypt’s economy is expected to grow 4.5 percent in the financial year 2022/2023, which started last July and ends…
Money World Bank board approves $500 million to expand social security in Egypt – minister Yomna Yasser Dec 25, 2022 0 The executive board of the World Bank Group has approved $500 million in development financing to help Egypt expand…