World Bank Group

Egypt, World Bank discuss priorities on framework of strategic partnership 2023/27

Sun, 17 Apr 2022 - 02:54 GMT

The size of the current funding portfolio between Egypt and the World Bank is $5.5 billion directed towards 15 projects.

World organizations heads praise WYF’s opportunities to create better, healthier future

Mon, 10 Jan 2022 - 12:20 GMT

A number of leaders of international organization made recorded messages on challenges facing youths and their constructive responsibility in facing them.

International cooperation minister participates in 2021 African Caucus Meeting of Governors

Thu, 05 Aug 2021 - 03:07 GMT

Mashat: Digitization has become a fundamental part of the development strategy across countries and International Financial Institutions

WB: Egypt fifth among world's most remittance recipient countries in 2020

Sat, 15 May 2021 - 12:41 GMT

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.

Multi-stakeholder platforms help in exploring opportunities for int'l partnerships in petroleum sector: Al-Mashat

Sun, 09 May 2021 - 04:13 GMT

"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.

Egypt’s Mahmoud Mohieldin elected as executive director of International Monetary Fund

Mon, 19 Oct 2020 - 10:05 GMT

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.

WBG announces $200 M project to support Egyptian entrepreneurs

Sun, 05 May 2019 - 08:20 GMT

President of the World Bank Group (WBG), David Malpass revealed on Saturday, May 4, details of a new project to support Egyptian entrepreneurs.

WB official commends Egypt's investment climate

Fri, 12 Oct 2018 - 12:34 GMT

Egypt has exerted great efforts in terms of the development process and legislative reforms which contributed to improving the investment climate, Mahmoud Mohieldin.

Egypt to host annual meetings of African Caucus of WB, IMF on Sunday

Fri, 03 Aug 2018 - 02:40 GMT

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.

WB pres. praises economic reforms, urges investment in educ.

Tue, 24 Apr 2018 - 01:21 GMT

Kim praised the Egyptian economic reforms in a tweet, noting that investments in education will prepare the youth for the digitally demanding future.

Digital finance services can increase Egypt’s GDP

Sat, 27 Jan 2018 - 04:09 GMT

The move by CBE and EBI towards more digitalized services is expected to boost the economy, and boost the financial status of women

ME’s infrastructure has high investment potential: World Bank VP

Sun, 19 Nov 2017 - 03:10 GMT

Mohieldin said that it is important to address demographic shifts to achieve economic development.

World Bank is willing to support Egypt's plans: Director

Sun, 19 Nov 2017 - 10:26 GMT

Saeed has given presentations on a number of issues such as developing the government's administrative apparatus.

Egypt strives to keep pace with international business reforms

Tue, 31 Oct 2017 - 07:08 GMT

World Bank Group indicates that Egypt has made some improvements to keep with international business reform.

IFC-led consortium to invest $653M in world’s largest solar park in Egypt

Sun, 29 Oct 2017 - 10:29 GMT

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.

IFC, Switzerland sign agreement on finance to women in MENA

Tue, 17 Oct 2017 - 02:01 GMT

he International Finance Corporation (IFC), a member of the World Bank Group, signed an agreement with the government of Switzerland on Tuesday.

World Bank praises Egypt's reform plan: Minister

Tue, 03 Oct 2017 - 10:38 GMT

The World Bank Group has contributed a total of $4 billion to Egypt’s energy sector in three years.

IFC to invest $150M to develop Egypt’s agriculture sector

Sat, 23 Sep 2017 - 11:52 GMT

The investments are in light of the partnership between the government and the private sector, aiming to improve the food sector.

IFC appoints new Egypt manager

Sun, 17 Sep 2017 - 04:16 GMT

Labadi was a member in the teams that organized finances for power plants in Egypt and Turkey.

Gates Foundation encourages financial inclusion

Sun, 17 Sep 2017 - 10:54 GMT

The financial inclusion initiative will cause a radical change in Egypt, senior advisor at Bill & Melinda Gates Foundation, Christopher Calabia said.