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…
Browsing Tag
World Bank Group
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…
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’s Hassan Abdalla: Climate change could add 132 million poor by 2030
Climate change poses a structural challenge that could drive around 132 million people around the world into…
