WB provides $500m for low-income housing in Egypt
The World Bank will finance existing low-income housing programmes by the Egyptian government with new $500 million…
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World Bank
IMF unveils $50 billion emergency facilities to help address coronavirus
The International Monetary Fund (IMF) announced on Wednesday about $50 billion rapid-disbursing emergency financing…
World Bank unveils $12 billion immediate support for coronavirus-hit nations
The World Bank announced on Tuesday an initial package of up to $12 billion in immediate support to assist…
Coronavirus drives IMF, World Bank to hold ‘virtual’ spring meetings
The International Monetary Fund (IMF) and the World Bank said on Tuesday they would adopt a “virtual format” for…
World Bank’s IFC says invested $10 billion in Egypt in 10 years
The World Bank’s International Finance Corporation (IFC) had invested $4 billion over the past decade in Egypt,…
Parliament approves Egypt share increase in IBRD capital stock
Egyptian parliament’s economic committee approved on Sunday a presidential decree to increase Egypt’s authorized…
World Bank provides finances for 450,000 small projects in Egypt: minister
The World Bank has financed nearly 450,000 small projects in Egypt, according to the Ministry of Trade and Industry
Sisi, World Bank seek further cooperation
President Abdel-Fattah El-Sisi said he looks forward to further cooperation with the World Bank (WB) after it…
Egypt’s real GDP to rise to 5.9%, up to 6% in 2022: World Bank
The World Bank expects that Egypt's real GDP growth will reach 5.9 percent in 2020, up from 5.7 percent in 2018,…
World Bank delegation to visit Egypt in first high-level meeting since 2014
Egypt’s Minister of International Cooperation Rania El-Mashat announced on Monday that a high-level delegation of…
