Egypt Injects First Tranche of WB Loan into Developing Upper Egypt

• Tuesday, 13th June 2017
• by Nayrouz Talaat

Egypt is injecting the first tranche of the World Bank loan worth USD 125 mn into upgrading Upper Egypt in accordance with President Abdel Fattah El Sisi’s directives, Invest-Gate reports.

Egypt in Talks With WB for USD 200 mn Loan

• Monday, 22nd May 2017
• by Nayrouz Talaat

The government is currently in talks with the World Bank to receive a EGP 200 mn loan aiming to finance labor-intensive projects nationwide, Invest-Gate reports.

WB Plans to Disburse 3rd Tranche of Loan by Dec

• Thursday, 4th May 2017
• by Nayrouz Talaat

The World Bank (WB) is planning to provide Egypt with the third tranche of its USD 3 bn loan program by December, Invest-Gate reports.

Madbouly Negotiates With WB To Fund Projects

• Wednesday, 19th April 2017
• by Leena ElDeeb

Minister of Housing Mostafa Madbouly has taken off to Washington DC to participate in the annual meetings of the World Bank (WB) to discuss housing, utilities and urban development projects, Invest-Gate reports.

Major EGP 43mn Investment Complex Underway, Qena

• Monday, 27th March 2017
• by Fatma Khaled

Egypt is to establish a major EGP-43-mn investment complex in the southern governorate of Qena within the next 10 months, Invest-Gate reports.

Egypt Receives Second Tranche of WB Loan

• Tuesday, 21st March 2017
• by Leena ElDeeb

The World Bank (WB) is disbursing Egypt USD 1 bn in financial assistance as a second tranche of its USD 3 bn loan program with the country, Invest-Gate reports.

WB funds USD 500 mn development program, Upper Egypt

• Monday, 20th March 2017
• by Nayrouz Talaat

The World Bank funds a USD 500 mn developmental project in Upper Egypt to improve the living standards in the southern governorates of Sohag and Qena, Invest-Gate reports.

WB Grant Obtained For Health Units Across Five Cities

• Sunday, 12th March 2017
• by Leena ElDeeb

The Ministry of Health gets hold of USD 75 mn, the first portion of the World Bank (WB) grant, to support 1,140 health units in Qena, Souhag, Assiut, Minya and Beni Sueif

WB Backs 485 MW Power Plant, Jordan

• Wednesday, 1st February 2017
• by Farah Montasser

World Bank members, the International Finance Corporation (IFC), and the Multilateral Investment Guarantee Agency (MIGA) are backing the design, construction, ownership, and operation of a 485 MW gas-fired power plan ...

World Bank Delegation Follows Up on Rural Sanitation Program

• Sunday, 4th December 2016
• by Joana Saba

Minister of Housing, Utilities, and Urban Communities Mostafa Madbouly met with a World Bank delegation to discuss updates on the Rural Sanitation Program that was signed earlier this year.