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 (WB)
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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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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 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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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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Africa NewsEgypt NewsFeatureIndustry & TradeNewsTech/AI
Africa Health ExCon’s 2nd edition to host 3k ministers, C-suite officials, decision makers
by Nada Aliby Nada AliAfrica Health ExCon’s second edition will host about 3,000 ministers, C-suite officials, decision makers and industry leaders …
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BanksEgypt NewsFeatureMoneyNews
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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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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