World Bank Group
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.
The financial inclusion initiative will cause a radical change in Egypt, senior advisor at Bill & Melinda Gates Foundation, Christopher Calabia said.
The World Bank Group consented to pump direct investments in Egypt at a cost of $500M.
Egypt has the ability to bring 44 million citizens to the formal financial sector, according to analyses conducted by the World Bank.