Egypt’s economic growth is expected at 2.8 per cent in the 2024 financial year – which runs …
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World Bank Group
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World Bank announces more than $6b support package for Egypt
by Yomna Yasserby Yomna YasserThe World Bank announced on Monday plans to provide more than $6 billion in support to Egypt …
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Gaza attacks to throw Lebanon into recession again – World Bank
by Sama Mousaby Sama MousaThe attacks in Gaza are expected to push Lebanon’s economy into recession one more time, the World …
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IMF, World Bank hold 2023 annual meetings in Marrakesh, 1st gatherings in Africa in 50yrs
by Yomna Yasserby Yomna YasserThe IMF and World Bank are holding their annual meetings in the Moroccan city of Marrakesh, the …
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IFC to issue Egyptian pound bond
by Yomna Yasserby Yomna YasserThe International Finance Corporation (IFC) has gained approval from the Egyptian Cabinet on Thursday to issue pound-denominated …
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World Bank grants $9.13mln to support Egypt’s climate change efforts
by Nada Aliby Nada AliWorld Bank has secured a $9.13 million grant from the Global Environment Facility (GEF) to expand the …
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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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World Bank President David Malpass announced on Wednesday that he informed the board of his intention to …
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World Bank forecasts Egypt’s GDP growth at 4.5% this year
by Yomna Yasserby Yomna YasserEgypt’s economy is expected to grow 4.5 percent in the financial year 2022/2023, which started last July …
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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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