Morocco’s central bank purchased sustainable development bonds worth €200 million issued by the International Bank for Reconstruction …
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IBRD
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BanksEgypt NewsFeatureNews
World Bank approves new $7 billion partnership framework with Egypt
by Nada Aliby Nada AliThe World Bank Group has approved on Wednesday a new strategic partnership framework for Egypt till 2027, …
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BanksFeatureFinancial InstitutionsInternational NewsNews
World Bank may loosen loan ratio to relieve $4bln a year
The World Bank may change its lending guidelines to free up $4 billion in lending capacity each …
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The World Bank announced on Tuesday an initial package of up to $12 billion in immediate support …
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Egyptian parliament’s economic committee approved on Sunday a presidential decree to increase Egypt’s authorized share in the …
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Banks
Egyptian int’l minister heads to U.S. for IMF-World Bank Spring Meetings
by Yomna Yasserby Yomna YasserEgypt is taking part in the World Banks’ this year meetings scheduled for April 15-17, 2016 in …
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Banks
World Bank secures $500 million to develop industrial zones in Upper Egypt
by Yomna Yasserby Yomna YasserThe World Bank will finance the development of the infrastructure for the industrial zones in Upper Egypt …
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Banks
Sisi approves $400mn loan from World Bank’s IBRD for social scheme
by Yomna Yasserby Yomna YasserEgypt’s President Abdel Fattah al-Sisi has ordered the approval of a $400 million loan from a World …
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Banks
World Bank’s Portfolio in Egypt record US$5.4 million in FY2015
by Yomna Yasserby Yomna YasserWorld Bank Group’s current portfolio in Egypt surged to US$5.4 billion in FY2015, including 26 projects. The …