Tag: World Bank

Egypt receives 54% of its financing portfolio from World Bank

Two new agreements were signed within the present programme worth $400m

Daily News Egypt Daily News Egypt

World Bank, government discuss second tranche of $3bn loan

The World Bank expects 5.5% growth in Egypt in FY 2019

Shaimaa Al-Aees Shaimaa Al-Aees

World Bank, AFDB mission to visit Egypt to discuss granting second tranche of fund

The mission will provide the second tranche of funding from the two…

Shaimaa Al-Aees Shaimaa Al-Aees

Minister of International Cooperation discusses future cooperation with World Bank official

Both parties discuss governmental, private sector, development projects, as well as Egypt's…

Adel M. Fakhry Adel M. Fakhry

International Cooperation Ministry aims to secure $15bn over 3 years, representing 50% of funding gap

Ministry has provided $3.8bn out of $5bn to finance 20 development projects…

Mohamed Ayyad Mohamed Ayyad

Natural Gas supply project will expand to reach 20 governorates: International Cooperation Minister

In 2014, the World Bank funded the original three-year project for the…

Adel M. Fakhry Adel M. Fakhry

World Bank allows Egypt just $1bn for budget-support programme, $2bn for development projects: Meit

US dollar loans allocated to pay off foreign commitments on time, no…

Mohamed Ayyad Mohamed Ayyad

World Bank facilitates talks between Egypt, Sudan, Ethiopia

Water ministers of the three countries are visiting the US to gain…

Menan Khater Menan Khater

Ministry of Investment to improve policies with World Bank expertise

The ministry is evaluating the investment climate and the requirements for preparing…

Daily News Egypt Daily News Egypt

Egypt targets $21bn loan over 3 years to finance economic programme

IMF to offer $12bn, while the World Bank, AFDB, and international bonds…

Daily News Egypt Daily News Egypt