World Bank’s Portfolio in Egypt record US$5.4 million in FY2015
World Bank Group’s current portfolio in Egypt surged to US$5.4 billion in FY2015, including 26 projects. The…
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World Bank Engages Stakeholders on New Country Strategy for Egypt
The World Bank Group’s second round of discussions with various stakeholders throughout Egypt is taking place this…
208% Budget Increase for Egypt’s Health Insurance System – Cabinet
Egypt's cabinet approved Wednesday a more than doubling of subsidies for the country's health insurance system, to…
World Bank wants to Loan $1bn to ‘Polluted Villages Project’: Egypt Minister
The World Bank is interested in participating in the “polluted villages’ project” with $1bn in loans, Egyptian…
Egypt in talks with Arab Fund over $150 million Loan, says Housing Minister
Egypt’s housing ministry is in ongoing talks with the Arab Fund for Economic and Social Development (AFESD) over…
Egypt Mortgage Finance to disburse $100mn of World Bank next March
The Egyptian Mortgage Financial Fund (MFF) is about to disburse the World Bank-funded third tranche worth US$100…
Davos 2015: World Bank Chief makes Climate Action Plea
The president of the World Bank has urged the international community to help developing nations cope with a…
Russia’s rouble crisis poses threat to nine countries relying on remittances
Russia’s rouble crisis is posing a major threat to countries along its southern fringe, whose economies rely…
Egypt Sees Rising Economic Confidence: World Bank
Egypt gained notable improvements in confidence, exports and manufacturing, according to the World Bank’s report in…
Copper suffers meltdown on growth anxiety, euro on defensive
Unease over the global economy engulfed commodities and dented Asian equities on Wednesday, while the euro loitered…