World Bank

World Bank: Egypt's economic reforms helpful in overcoming int'l crisis

Mon, 09 Jan 2023 - 10:27 GMT

The World Bank stressed that the economic reforms carried out by Egypt will help overcome the effects of the current international crisis.

President Sisi meets Jake Sullivan U.S. National Security Advisor

Fri, 16 Dec 2022 - 06:38 GMT

Egypt’s President Abdel Fattah Al Sisi met on Friday with Jake Sullivan National Security Advisor of the United States in Washington

Sisi meets with World Bank President David Malpass in Washington

Fri, 16 Dec 2022 - 04:20 GMT

Egypt’s President Abdel Fattah Al Sisi met on Friday with David Malpass President of the World Bank in Washington on sidelines of the US-African summit.

Egypt, World Bank discuss launch of country strategy 2023/2027

Sun, 06 Nov 2022 - 06:08 GMT

Mashat noted that the government receives final notes on the draft strategy from national bodies and ministries to be announced after the UN climate conference, COP27, a matter which represents a new chapter in Egypt-WB relations.

Egypt approves development financing agreements worth $595M with World Bank, FDA, Spain

Wed, 19 Oct 2022 - 06:17 GMT

The approval came within the framework of development cooperation efforts between the Arab Republic of Egypt and multilateral and bilateral development partners to support the country’s development efforts In various fields.

World Bank intends to cooperate with Egypt in food security

Thu, 13 Oct 2022 - 04:15 GMT

Malpass pointed out that developing countries face difficult expectations regarding the rise in food, fertilizer and energy prices.

Egypt’s Ministry of International Cooperation reviews aspects of cooperation with World Bank

Tue, 11 Oct 2022 - 05:00 GMT

Egypt’s Ministry of International Cooperation reviewed, Monday within the 2022 International Monetary Fund and the World Bank Group annual meetings most Important aspects of the Development Cooperation between Egypt and the World Bank Group.

Egypt's WB Group composite index up 27.5 points - Planning ministry

Mon, 03 Oct 2022 - 04:55 GMT

Planning and Economic Development Minister Hala el Saeed said in statements Monday that the global governance indicators measure the quality of governance for more than 200 countries.

World Bank approves $400M to develop sustainable infrastructure in Egypt's transportation sector

Mon, 03 Oct 2022 - 02:27 GMT

This project will strengthen the railway network in Egypt, one of the largest railway networks in the African continent; enhancing the country’s green transition and move towards low carbon emissions.

Irrigation min. tells WB experts Egypt working to face limited water resources

Sun, 02 Oct 2022 - 12:15 GMT

He cited ventures in the areas of Bahr el Baqr, Hammam, Mahsama.

Egypt, WB discuss activating food security agreement

Sun, 07 Aug 2022 - 03:52 GMT

Worth $500 million, the deal is meant to boost Egypt’s efforts to help achieve food security and to strengthen the Egyptian economy in the face of repercussions of the war currently going on in Europe.

Mashat discusses remarks of national authorities on development, climate report

Mon, 25 Jul 2022 - 03:21 GMT

Earlier, Mashat held a meeting with 15 national bodies at the beginning of July to discuss the report's first draft.

World Bank approves $500M in development financing for Egypt to support food security efforts

Wed, 29 Jun 2022 - 01:55 GMT

The Emergency Food Security and Resilience Support Project will help cushion the impact of the war in Ukraine on food and nutrition security in Egypt.

Local Development Min., World Bank talk topics of cooperation in COP27

Sat, 25 Jun 2022 - 01:06 GMT

Egyptian Minister of Local Development Mahmoud Shaarawy received a delegation from the World Bank Saturday, where they discussed topics of collaboration in the upcoming COP27 conference.

US welcomes Egypt-Lebanon-Jordan gas deal

Thu, 23 Jun 2022 - 12:03 GMT

Egypt, Lebanon and Syria, on June 21, signed an agreement to transport 650 million cubic meters of gas annually from Egypt to Lebanon via Syria, in a ceremony held at the Lebanese Ministry of Energy in Beirut.

National Museum of Egyptian Civilization receives 3 official delegations from Maldives, Indonesia, World Bank

Thu, 09 Jun 2022 - 11:34 GMT

The Indonesian minister of finance visits the Sharm El-Sheikh Museum.

World Bank raises its forecast for Egypt's economic growth to 6.1% in 2022

Tue, 07 Jun 2022 - 05:49 GMT

The bank had raised its forecast in April by 0.3 percent to reach 5.6 percent in January.

Egypt’s FM, WB delegation discuss strengthening relations at various levels

Mon, 06 Jun 2022 - 02:15 GMT

Egypt’s Foreign Minister Sameh Shoukry, discussed with a delegation of executive directors of the World Bank (WB) ways to strengthen relations between the two sides at various levels.

Egypt’s int’l cooperation min., LSE's Stern urge encouraging mobilization of climate finance at COP27 in Nov.

Mon, 25 Apr 2022 - 10:55 GMT

Mashat’s meeting with Nicholas Stern, chair of the Grantham Research Institute on Climate Change and the Environment at the London School of Economics, came on the sidelines of the 2022 Spring Meetings of the International Monetary Fund (IMF) and the World Bank Group (WBG) in Washington.

Egypt’s int’l cooperation min. urges continuous global cooperation to develop solution amid Ukraine crisis at G24 meeting

Sat, 23 Apr 2022 - 06:29 GMT

This came as she participated in the Intergovernmental G24 Ministers and Governors Meeting, which is being held in conjunction with the WBG and IMF’s 2022 Spring Meetings.