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…
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World Bank
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…
Egypt’s MSMEDA negotiating €50 million loans from World Bank, EU
Egypt’s Micro, Small and Medium Enterprises Development Agency (MSMEDA) is negotiating for €50 million ($55.5…
Trump asks World Bank not to lend money to China
U.S. President Donald Trump on Friday called the World Bank to stop lending money to China, one day after the…