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…
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World Bank (WB)
Egypt to halt wheat tenders by 15 April – minister
Egypt will halt wheat tenders by the beginning of local wheat season in 15th of April, said the Minister of Supply…
Russia considers challenge to U.S. World Bank nominee
World Bank (WB) said on Tuesday that Russia is consulting with its allies about challenging the U.S. nominee to…
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 to hire new president by May
The World Bank said on Wednesday that it will hire a new president by May, since the current president David…
Egypt contracts 240K tons of Russian wheat
Egypt’s state grains buyer GASC said on Wednesday that it has contracted 240,000 tons of Russian wheat in an…
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 cuts 2023 economic growth forecasts to 1.7%
The World Bank (WB) slashed its growth forecasts for most countries and regions to 1.7 percent for 2023, compared…
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…