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…
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World Bank Group
Egypt targets 65% private sector contribution in investments – PM
Egypt is committed to implementing the state ownership policy document and increasing the private sector’s…
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…
World Bank announces more than $6b support package for Egypt
The World Bank announced on Monday plans to provide more than $6 billion in support to Egypt throughout the coming…
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…
IMF, World Bank hold 2023 annual meetings in Marrakesh, 1st gatherings in Africa in 50yrs
The IMF and World Bank are holding their annual meetings in the Moroccan city of Marrakesh, the first gatherings…
IFC to issue Egyptian pound bond
The International Finance Corporation (IFC) has gained approval from the Egyptian Cabinet on Thursday to issue…
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…
World Bank president David Malpass to step down early
World Bank President David Malpass announced on Wednesday that he informed the board of his intention to resign by…
