WB upgrades Sri Lanka’s growth outlook to 2.2% in ’24
The World Bank (WB) upgraded its forecast for Sri Lanka's economy, predicting 2.2 per cent growth in 2024 as the…
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World Bank
Egypt receives a $9.13m GEF grant for climate project
Egypt has received a $9.13 million grant from the Global Environment Facility (GEF) as an additional funding to…
Nigeria food bank faces dwindling supplies as inflation skyrockets
The Lagos Food Bank, vital for residents, faces dwindling supplies as inflation skyrockets in Nigeria as President…
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…
World Bank boosts Djibouti’s economic management with $5m
The World Bank approved on Sunday an additional $5 million for Djibouti’s economic management and statistics…
World Bank pledges $3b support to Egypt – minister
The World Bank (WB) has pledged $3 billion in support to Egypt following the country's successful negotiation of an…
Egypt’s economy remains resilient amid global challenges – Tarek Fayed
Tarek Fayed, Chairman of Banque du Caire, said on Sunday that the Central Bank of Egypt's (CBE) recent decisions…
China to boost co-operation with WB
China anticipates enhancing collaboration with the World Bank (WB) and contributing to worldwide poverty…
Global economy set to slow for 3rd consecutive year in 24
The global economy is set to slow for the third year in a row from 2.6 per cent in 2023 to 2.4 per cent in 2024,…
Morocco’s Tanger-Med plans $714 mln-expansion
Morocco’s largest seaport, Tanger-Med, is planning an expansion worth €650 million ($714 million), Asharq Business…