World Bank’s 1st tranche of $3bn awaits parliament’s VAT act approval
The World Bank will provide the first $1 billion tranche of a $3 billion soft loan to Egypt after the parliament…
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World Bank
World Bank delegation visits developmental projects in Egypt’s Luxor
A high-level World Bank delegation has visited Luxor, southern Egypt on Tuesday to follow up the implementation of…
World Bank: Egypt’s middle class shrank to 9.8% in the lead-up to Arab Spring
In the first decade of the 21st Century, the middle class expanded across the Middle East, except in Egypt and…
World Bank’s Egypt loan rests on VAT act approval
World Bank will transfer a loan to Egypt when the country’s parliament approve the new value-added tax act, namely…
World Bank studies enhancing Egypt’s subsided bread, commodities systems
Egyptian supply minister Khaled Hanafy held Friday an expanded meeting with World Bank's Managing Director Sri…
Egypt negotiating $500 loan from World Bank: minister
Egypt is negotiating a $500 million loan from the World Bank to help implement some of the country's developmental…
SFD allocates World Bank, EU funds for Egypt labour intensive project
Egypt’s Social Fund for Development (SFD) has allocated US$300 million for the country’s national Emergency Labour…
World Bank: Egypt always ‘committed’ to repay bank loans even in hardest times
When it comes to repay loans on time, Egypt has been always committed to pay the World Bank loans upon agreed…
EU allocates €68 million to promote Egypt gas connection
The European Union (EU) has allocated a €68 million grant to the Egypt Gas Connection Project to support key…
Fed’s Evans says bar high for any rate move in April
The Federal Reserve is unlikely to raise U.S. interest rates when it meets later this month but seems to be on…
