Egypt launches climate report as 1st country in MENA region
Egypt has launched the Country Climate and Development Report (CCDR) for the first time in the Middle East and…
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World Bank
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…
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 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…
