Latest in Highlight
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Egypt requires $675 bn of investments to meet its infrastructure needs: G20
Authorities need to develop new approach to infrastructure provision says WB
WB supports Egypt’s reform programme with $1bn
Bank’s portfolio includes 16 projects with total commitment of $6.69bn
Egypt jumps eight places in WB’s 2019 Doing Business Report
Country implements biggest number of investment reforms over 10 years, says report
Egypt reaches $3bn financing deal with World Bank: MIIC
Bank’s grant aims to improve living conditions in Sinai, institution’s efforts to support national infrastructure, transportation, agriculture, says CEO of IBRD
WB to invest $45bn in Africa over next three years
Egypt presents a memorandum to WB, IMF with African Caucus demands, says MIIC
“Agreement will bring the total number of benefiting citizens to 1.7 million,”: Nasr
Egypt signs infrastructure agreement with WB worth $300m
Nasr to participate in IMF, WB annual meetings in Bali
Minister to attend human capital summit, deliver Egypt’s speech at G24 meeting
Minister of Finance heads to IMF, WB annual meetings in Indonesia
Moeit to visit South Korea, meet with officials, investment bankers
Egypt’s growth to reach 5.8% in 2020, driven by reform programme: World Bank
Growth in MENA projected to modestly rebound 2% due to oil price increase in 2018
WB economist recommends Egypt develops its digital infrastructure
Firms need to improve productivity depending on global technology, says economist
Balanced approach needed to address MENA’s short-term impacts of water scarcity: WB
In Egypt, 10% of agricultural water originates from recycled drainage water, says report
MIIC, Environment Ministry, WB agree on boosting cooperation, setting strategy for air quality in big cities
Minister of Investment and International Cooperation Sahar Nasr held a joint meeting with Minister of Environment Yasmine Found and World Bank (WB) mission representatives headed by Kreg Misnert, first economic environmental specialist at the WB, in the presence of Dahlia Lotayef, lead environmental specialist in the Environment and Natural Resources Global Practice at the WB Group. …
Negotiations to approve $2bn for Egypt going satisfactorily: WB executive board member
Egyptian authorities didn’t request additional budget support funds, says El-Etreby
Sinai development tops Nasr, Al-Saeed meeting agenda with WB
Egypt’s minister of investment, Sahar Nasr, and minister of planning, Hala El-Saidd discussed Sinai development projects, and how can the World Bank(WB) aid in completing such goals, during their meeting with the WB officials in Washington DC on Saturday. The meeting focused on the different ways that the WB and the International Finance Cooperation (IFC) …
Egypt’s growth rate forecast at 4.5% in 2018: WB
Growth rate projected to reach 5.9% by 2019, says the report
Egypt’s GDP to grow 5.3% by 2019: WB
Forecast lower than the WB’s previous January 2017 forecast, estimated at 5.4%
IMF deal would be credit positive for Egypt: Fitch Ratings
Government is explaining the importance of the loan to parliament, not concerned about high US dollar exchange rate, says finance minister
EU grants €68m for natural gas delivery to low-income Egyptian households
Grant to support part of the Ministry of Petroleum’s mega project of delivering natural gas to approximately 1.2m households during current FY
Egypt’s insurance market prospects are encouraging: Moody’s
Economic hurdles such as poverty and shortage of skilled workers will slow sector’s growth
International cooperation minister to meet with heads of WB, IDB, and EBRD
Sahar Nasr headed to Lima, Peru to attend World Bank and IMF annual meetings
Newly appointed international cooperation minister to attend WB meetings
Sahar Nasr affirmed that the ministry is working on receiving needed financing for national development projects
4.3% expected increase in annual growth in FY 2014/2015: World Bank
The World Bank expects increase of economic growth in Egypt to reach 4.5% by 2017
Procedures for 1st mortgage union to be finalised before Ramadan: EFSA Head
CBE allocates EGP 10bn to revive mortgage initiative, expected to be spent within 12 months, says Deputy Governor
World Bank to present mortgage system plans in Egypt
Bank participates in social housing programme providing $500m towards 1m housing units for low-income citizens
$500m loan provided by World Bank to support social housing project
Negotiations over a $500m loan from the World Bank have been finalised, according to Minister of Housing, Utilities and Urban Communities Mustafa Madbouly Saturday. The loan, which is to be repaid over a five-year period, is to support the 1m residential units’ project, also referred to as the “social housing project” that is backed by …
EGP 41m for Nile protection in 5 governorates
Projects’ investments on treating small canals and protecting Nile River embankments valued at EGP 323m, says water minister
Qandil asks WB to help with railway system
World Bank stresses importance of supporting Egypt, Qandil pushes for railway funding