World Bank

WB: Egypt’s health insurance 1st system meets world standards

Sun, 28 Nov 2021 - 01:21 GMT

It is restructure and revamp to the health insurance system, and having a full support from President Abdel Fattah El Sisi, he added.

Shoukry, World Bank’s Malpass discuss Egypt’s distinguished economic performance

Wed, 10 Nov 2021 - 10:54 GMT

Egyptian Foreign Minister Sameh Shoukry and the President of the World Bank Group, David Malpass, discussed on a phone call Wednesday the state's development efforts and distinguished performance indicators of the Egyptian economy.

Egypt’s planning minister, World Bank delegation discuss future cooperation plan

Mon, 08 Nov 2021 - 01:52 GMT

The minister gave an overview of ongoing projects.

Interview with World Bank's team: $360M loan aims to enhance Egypt's macrofiscal sustainability, private sector and gender inclusion

Thu, 28 Oct 2021 - 01:26 GMT

The program focuses on three thematic pillars, including: enhancing macro-fiscal sustainability, enabling private sector development, and fostering women’s economic inclusion.

Egypt identifies 4 main pillars to enhance World Bank's role in supporting middle-income countries

Wed, 20 Oct 2021 - 04:13 GMT

​This came during Minister Al-Mashat’s participation in the Arab Governors meeting with the World Bank Group’s President, David Malpass.

Int'l financial institutions should assume bigger role in funding mega development projects: Rania el-Mashat

Fri, 15 Oct 2021 - 02:22 GMT

The international community and financial institutions should assume a bigger role in funding mega infrastructure projects through soft loans and blended and innovative financing, Minister of International Cooperation Rania el-Mashat said Friday.

Egypt’s planning minister, World Bank delegation discuss future cooperation plan

Thu, 16 Sep 2021 - 03:54 GMT

El-Said pointed to the second phase of the national economic reform program.

Egyptian ministers meet with World Bank Group regional director to address climate change policies

Wed, 15 Sep 2021 - 03:47 GMT

The Minister of International Cooperation: $365 million within the ongoing portfolio of the Ministry of International Cooperation to promote climate action and support the green transition

Egypt's transport sectors highest receipt of financing from partners at $1.8B

Thu, 19 Aug 2021 - 02:44 GMT

This came during Al-Mashat’s meeting with Ibrahim Dajani, Regional Director for Sustainable Development and Infrastructure in the Middle-East and North Africa Region at the World Bank Group (WBG), during his visit to Egypt.

Cooperation portfolio bet. Egypt, World Bank encompasses 15 development projects, amounting to $5.4B

Thu, 19 Aug 2021 - 01:57 GMT

This came during Al-Mashat’s meeting with Ayat Soliman, Regional Director of the World Bank Group's Sustainable Development Department for the Middle-East and North Africa (MENA) region, on her visit to Egypt, to discuss joint relations between the Government of Egypt and the World Bank Group (WBG) that aimed to achieve sustainable development across several fields.

EBRD chief hails Egypt’s success in implementing economic reform program

Wed, 21 Apr 2021 - 06:02 GMT

Renaud-Basso said the Egyptian economic reform program has contributed to the recovery of the economy, raising growth rates and maximizing direct foreign investments.

Egypt discusses 2nd phase of structural reforms with World Bank, AIIB

Tue, 20 Apr 2021 - 02:31 GMT

The World Bank: “We are keen on continuous dialogue with our partners, and the reforms established have helped the Egyptian economy persist despite challenges.”

Egypt is Building Back Better and More Resilient: Al-Mashat

Fri, 09 Apr 2021 - 03:36 GMT

Entering its third year, the Human Capital Project includes over 80 countries working to invest in human capital for a “green, resilient, and inclusive recovery," she said.

Reform is not Possible without Partnerships: Mashat in WB Annual G-24 Ministerial Meeting

Fri, 09 Apr 2021 - 03:30 GMT

“Collective global solidarity creates the necessary space for an inclusive and sustainable environment that is resilient to future shocks” said Al-Mashat.

CAPMAS: Egypt ranks sixth among world's top recipients of remittances

Mon, 29 Mar 2021 - 03:29 GMT

In a report Monday, it added that remittances from abroad reached 24.4 billion in 2020, representing 6.7 percent of GDP.

World Bank's portfolio in Egypt represents 13 projects worth $5.8B

Wed, 24 Mar 2021 - 11:32 GMT

World Bank Group is currently working on preparing a systematic diagnostic study on Egypt in preparation for setting up the framework for the strategic partnership for Egypt for the years 2021-2025.

Egypt country with positive Mental Health Initiatives for Women: World Bank Report

Mon, 08 Mar 2021 - 12:58 GMT

Al-Mashat noted that while the world was taken aback by the COVID-19 pandemic’s health and global economic crisis, many households around the world struggled financially and this was coupled with health anxieties creating increased mental stress.

Memory of the day

Sun, 27 Dec 2020 - 01:13 GMT

On December 27, many important events took place that changed the world, including the completion of the construction of the Hagia Sophia Cathedral and the signing of the agreement to build the Aswan High Dam.

Egypt's pres. ratifies $500M social housing loan offered by World Bank

Thu, 17 Dec 2020 - 01:28 GMT

The agreement was signed on July 5, 2020, and approved by the House of Representatives.

Egypt, World Bank discuss cooperation

Wed, 25 Nov 2020 - 01:19 GMT

Gamea said that Egypt achieved progress in the field of economic reform which helped boost the status of the Egyptian economy on the international economic map.