Egypt signs World Bank $330 million loan to upgrade rail network
Egypt’s ministry of transport has recently signed a $300 million loan agreement with the World Bank geared towards…
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World Bank
World Bank revises up FY2021/22 GDP forecast for Egypt to 5.5%
The World Bank forecast on Tuesday revised up its forecast for Egypt’s GDP growth to 5.5 percent for the financial…
World Bank approves $360 million loan for Egypt’s second wave of structural reforms
The World Bank’s board of executive directors approved on Thursday a $360 million Development Policy Financing…
World Bank working on various programmes in Egypt to boost productivity
The World Bank is working on various programmes that would increase the productivity, President David Malpass said…
IMF-World Bank annual meetings kick off
The International Monetary Fund (IMF) and World Bank 2021 annual meetings have kicked off on Monday in a hybrid…
World Bank boosts Egypt’s GDP growth projections to 5.5% in 2021
The World Bank Group has on Thursday raised its projections for Egypt’s real GDP growth for 2021 to 5.5 percent…
World Bank: Egypt’s real GDP to grow 5.5% in FY 2022/23
Egypt’s real gross domestic product (GDP) will grow 4.5 percent in the financial year 2021/2022 – down from…
Egypt’s CIB first bank in MENA, Africa to receive Gender Equity Seal
Egypt’s Commercial International Bank (CIB) has become the first bank in the Middle East and Africa to receive…
World Bank: Egypt’s primary surplus to enable sustainable debt strategy
Egypt’s primary surplus during the Coronavirus pandemic helped cushion the blow to its public debt, despite higher…
World Bank to announce new strategic partnership with Egypt for next 4 years
The World Bank plans to focus on improved governance, private sector job creation and social inclusion in Egypt…
