Egypt’s economy is expected to grow 4.5 percent in the financial year 2022/2023, which started last July …
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Industry & TradeTech/AI
Egypt books 80,000 tons of wheat at World Bank-funded tender: traders
by Yomna Yasserby Yomna YasserEgypt’s state grains buyer GASC is believed to have booked 80,000 tons of Russian wheat on Tuesday, …
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BanksFeatureIndustry & TradeMoneyTech/AI
Egypt’s GASC unveils new wheat tender under World Bank programme
by Yomna Yasserby Yomna YasserEgypt’s state grains buyer, GASC announced on Saturday an invitation for a tender to purchase wheat as …
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BanksFeatureMoney
World Bank board approves $500 million to expand social security in Egypt – minister
by Yomna Yasserby Yomna YasserThe executive board of the World Bank Group has approved $500 million in development financing to help …
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Africa NewsBanksEgypt NewsIndustry & TradeInternational NewsMENA NewsMoneyNewsTech/AI
Malpass at COP27 says half of World Bank’s climate financing is for adaptation
by Yomna Yasserby Yomna YasserAround half of the World Bank’s $32 billion of climate financing is for adaptation to climate change, …
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During the UN climate summit COP27 taking place in Sharm El-Sheikh, the World Bank launched on Tuesday …
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World Bank to unveil climate fund for developing nations at COP27
World Bank president David Malpass is set to unveil on Tuesday a fund aimed at helping developing …
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Egypt’s central bank governor urges World Bank, IMF for greater support to developing countries
Egypt’s Central Bank Governor Hassan Abdalla has called on the World Bank and International Monetary Fund (IMF) …
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BanksEgypt NewsFeatureMENA NewsMoneyNews
World Bank revises Egypt’s GDP growth forecast down to 4.8% for FY22/23
The World Bank has on Friday revised down its projections for Egypt’s GDP growth to 4.8 percent …
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Egypt NewsFeatureInternational NewsNews
World Bank agrees $400 million for Egypt to reduce emissions
by Nada Aliby Nada AliThe World Bank (WB) has agreed to grant Egypt $400 million in order to develop the logistics …