IFC current portfolio with Egypt nears $1.5 bln, in talks for more
The International Finance Corporation (IFC)’s, the investment arm of the World Bank, current portfolio for Egypt is…
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World Bank
Egypt sees signing World Bank’s $400 mln for two social schemes soon
Egypt is expected to sign soon a $400 million World Bank agreement to support the government’s Takaful and Karama…
World Bank meddles in talks between Egypt, Sudan, Ethiopia
Minister of Water Resources and Irrigation Mohamed Abdel Aaty continued his meetings with World Bank…
IMF loan is last option for Egypt to escape economic crises; say experts
Egypt is angling to obtain the $21 billion loan package from the World Bank, the African Development Bank, the…
Egypt signs $2.5 mln social housing grant with World Bank
Egypt signed Sunday a $2.5 million grant with the World Bank Group in favour of a social housing scheme in the…
WB grants $550mn for Sewage Treatment Service in 155 Egyptian governorates
Egypt’s ministry of housing and World Bank has signed a consultancy contract to finance the sustainable sewage…
Fitch: Egypt IMF deal ‘credit positive’ but high implementation risks loom
Securing an International Monetary Fund (IMF) funding deal would be credit positive for Egypt, but implementation…
Egypt negotiating $500 mln World Bank loan for major agriculture project
Egypt is negotiating a $500 million loan from the World Bank to help finance the country’s national project to…
World Bank’s Sri Mulyani named as Indonesian finance minister
Indonesia's president on Wednesday appointed World Bank managing director Sri Mulyani Indrawati as the country's…
Report: 4 obstacles to business in MENA, North African countries including Egypt
Political instability, corruption, unreliable electricity supply, and inadequate access to finance are factors that…