World Bank set to loan $500mn for developing Upper Egypt: Minister
The World Bank Group will fund a new cooperation project worth US$500 million for the development of the Upper…
Browsing Tag
World Bank Group
World Bank, Egypt to resume talks over $3 million loan
Egypt will start Monday a new round of loan negotiations with the World Bank Group in Washington DC. Sahar Nasr -…
EU grants Egypt €68mn for home gas delivery project
Egypt and the European Union signed Monday €68 million grant agreement for a project aimed to expand natural gas…
Sisi to World Bank: Egypt’s economic reforms to achieve all-out development
President Abdel Fattah al-Sisi said the economic reforms carried out by Egypt reflected insistence to achieve an…
Egypt to boost cooperation ties with WB, IMF at Oct annual meeting
The newly-appointed Minister of International Cooperation and former economist, Sahar Nasr is heading to Peru to…
Qalaa eyes phase I completion of East Africa railway in H1-2017
Egypt’s Qalaa Holdings plans to complete the first phase of Rift Valley Railways development project in Uganda and…
SFD Egypt in talks over US$700mn Foreign Loans
Egypt’s Social Fund for Development (SFD) is in ongoing talks with international financial institutions, including…
World Bank, Egypt to sign Cooperation Strategy within a Month: Minister
The Ministry of International Cooperation is to sign within a month a cooperation strategy agreement with the World…
IFC provides Egypt’s PICO subsidiary with US$50mn Loan
The International Finance Corporation (IFC), a member of the World Bank Group, is securing a US$50 million loan to…
Developing Countries face ‘Tough Transition’ in 2015, World Bank warns
Developing countries face a series of tough challenges in 2015, including the looming prospect of higher borrowing…