4.3% Expected Increase In Annual Growth In FY14/15: World Bank
The Egyptian annual growth is expected to double to 4.3% in fiscal year (FY) 2014/2015, according to the World Bank…
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World Bank
French Development Agency signs €70mn Egypt Loan for Home Gas Delivery
Egypt and the French Development Agency (AFD) have signed a €70 million loan agreement for a project aimed to…
Developing Countries face ‘Tough Transition’ in 2015, World Bank warns
Developing countries face a series of tough challenges in 2015, including the looming prospect of higher borrowing…
Oil Prices Fall As World Bank Cuts Economic Growth Outlook
Crude oil futures fell on Thursday as the World Bank cut its global economic growth forecast, ending a two-day…
Egypt, World Bank Sign $500 M Loan Deal
Egypt and the World Bank signed an agreement on a $500 million loan to support a government project for affordable…
Africa’s Free Trade Deal will boost Continent’s Economic Integration: World Bank
The agreement between three African economic committees on a new Free Trade Area (FTA) is paving the way for the…
Full Speech of World Bank’s Chief at Tripartite Summit in Egypt
Your Excellency, President el-Sisi; Excellencies, Heads of State; Honorable Ministers; Distinguished Guests; Ladies…
World Bank pumps $600m for Egypt’s Small, Micro-enterprises
The World Bank will provide $600m to fund small and micro-enterprises, said Sahar Nasr - Lead Financial Economist…
Gaza’s economy “on verge of collapse”
The World Bank has said that Gaza's economy is on the verge of collapse, with the highest unemployment rate in the…
SFD Egypt eyes $500 million Loan from World Bank
Egypt’s Social Fund for Development (SFD) is looking forward to a new loan from the World Bank Group at value of…