Cairo calls on WB, IFC to increase support for renewable energy
In a closed-door ministerial meeting held on the sideline of annual meetings of the World Bank and the…
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World Bank
Debt, trade problems are painting ‘a troubling picture’, World Bank head warns
Amid U.S.-China trade tensions and high levels of debt faced by low income countries, the president of the World…
IMF, World Bank heads urge Washington, Beijing to play by trade rules
The heads of the World Bank and the International Monetary Fund urged on Thursday the United States and China to…
World Bank cuts South Africa growth forecast, currency wanes
South Africa’s rand retreated early on Thursday after the World Bank cut its economic growth forecast and took a…
World bank funds Egypt’s rural sanitation services with $300 mln loan
World Bank has approved a $300 million loan to complete Egypt’s Rural Sanitation Services Programme, expanding the…
Union Fenosa says ‘in conversations’ to restart Egypt gas plant
Italian-Spanish firm, Union Fenosa Gas (UFG) said on Wednesday it is “in conversations” to restart a liquefied…
Egypt, WB discuss extending $1bn for supporting Sinai development
Egyptian Minister of Investment Sahar Nasr held talks on Sunday with a World Bank mission in charge of following up…
World Bank says Algeria doesn’t need loans, should diversify economy
Algeria, whose oil- and gas-dependent economy has suffered from sharp declines in the oil price since 2014, has…
World Bank’s IFC, Egypt sign deal to support Africa start-ups
The World Bank’s private sector arm has signed on Thursday an agreement with Egyptian government aimed at…
World Bank’s IFC: Egypt investments hit record in FY18
The World Bank's International Finance Corporation (IFC) said it has committed $1.2 billion in Egypt during the…
