World Bank Group
During the meeting, Minister Al Mashat expressed Egypt's gratitude for the ongoing cooperation with JICA, highlighting the alignment of visions and the commitment to strengthening joint efforts
The size of the current funding portfolio between Egypt and the World Bank is $5.5 billion directed towards 15 projects.
A number of leaders of international organization made recorded messages on challenges facing youths and their constructive responsibility in facing them.
Mashat: Digitization has become a fundamental part of the development strategy across countries and International Financial Institutions
Officially recorded remittance flows to low- and middle-income countries reached $540 billion in 2020, just 1.6 percent below the 2019 total of $548 billion.
"The oil and gas sector development strategy has led to the signing of 98 international agreements with a minimum investment of $16 billion,” Tarek el-Molla commented.
Egyptian candidate Mahmoud Mohieldin was elected unanimously as the executive director of the International Monetary Fund (IMF) and, accordingly, an IMF board representing the country and Arab states.
President of the World Bank Group (WBG), David Malpass revealed on Saturday, May 4, details of a new project to support Egyptian entrepreneurs.
Egypt has exerted great efforts in terms of the development process and legislative reforms which contributed to improving the investment climate, Mahmoud Mohieldin.
Egypt is set to host the annual meetings of the African Caucus of the World Bank (WB) Group and International Monetary Fund (IMF) on Sunday and Monday.
Kim praised the Egyptian economic reforms in a tweet, noting that investments in education will prepare the youth for the digitally demanding future.
The move by CBE and EBI towards more digitalized services is expected to boost the economy, and boost the financial status of women
Mohieldin said that it is important to address demographic shifts to achieve economic development.
Saeed has given presentations on a number of issues such as developing the government's administrative apparatus.
World Bank Group indicates that Egypt has made some improvements to keep with international business reform.
The facilities will join 19 other solar plants in making up the Benban Solar Park, which will be the largest solar power installation in the world.
he International Finance Corporation (IFC), a member of the World Bank Group, signed an agreement with the government of Switzerland on Tuesday.
The World Bank Group has contributed a total of $4 billion to Egypt’s energy sector in three years.
The investments are in light of the partnership between the government and the private sector, aiming to improve the food sector.
Labadi was a member in the teams that organized finances for power plants in Egypt and Turkey.
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