The World Bank Group President Jim Yong Kim has praised Egypt's success in investing in human capital, noting that it has aided the country in raising foreign investments by up to EGP 14 bn, from the private secto ...
The World Bank (WB) expected Egypt’s growth rate to hit 5.6% during FY 2018/19, backed by private consumption, a recovery in the tourism sector, and the operationalization of recently discovered gas fields
International Finance Corporation (IFC), a member of the World Bank Group, has invested USD 1.2 bn in Egypt during the 2018 fiscal year (FY), which helped in creating jobs, developing local infrastructure, and co ...
The bank’s board of executive directors had approved the disbursal in December, to conclude a series of three annual loans issued by the bank to Egypt between 2015 and 2017, in efforts to support the country’s eco ...
Egypt’s economy is expected to expand as a result of the ongoing reforms and improved business climate provide further growth in industrial activity
The World Bank Group’s executive board approved on Tuesday, December 5, a USD 1.15 bn development policy loan for Egypt
Egypt is in talks to accelerate the final tranche of the World Bank’s (WB) loan
Egypt's budget deficit is believed to fall this fiscal year on the back of economic reforms, World bank believes
