World Bank
Egypt first country in the Middle East and Africa to issue green bonds: minister
Business
October 13, 2021
Egypt first country in the Middle East and Africa to issue green bonds: minister
Egypt is now the first country in the Middle East and Africa to issue green bonds, Finance Minister Mohamed Maait …
Direct subsidy, cash financing program help reduce Egypt’s poverty rates by 5.2%: minister
Egypt
August 18, 2021
Direct subsidy, cash financing program help reduce Egypt’s poverty rates by 5.2%: minister
The Finance Minister Mohamed Maait announced that estimates from the World Bank indicate that direct subsidy programs and cash financing…
Government raises price of staple bread once more in Lebanon
Middle East
July 11, 2021
Government raises price of staple bread once more in Lebanon
BEIRUT (AP) — For the seventh time in a year, Lebanon’s economy ministry announced on Saturday new prices for bread,…
World Bank: Lebanon’s crisis among world’s worst since 1850s
Middle East
June 1, 2021
World Bank: Lebanon’s crisis among world’s worst since 1850s
BEIRUT (AP) — Lebanon’s severe economic and financial crisis is likely to rank as one of the worst the world…
Ethiopia signs $907 mn financing pact with World Bank
World
April 23, 2021
Ethiopia signs $907 mn financing pact with World Bank
Ethiopia’s finance ministry signed a $907 million financing agreement with the World Bank on Friday geared towards improving access to…
Cash-strapped Sudan clears overdue payments to World Bank
Middle East
March 27, 2021
Cash-strapped Sudan clears overdue payments to World Bank
CAIRO (AP) — The Sudanese government said Friday it cleared all of its overdue payments to the World Bank, a…
World Bank threatens to stop funding Lebanon’s COVID-19 vaccines after reported violations
Middle East
February 23, 2021
World Bank threatens to stop funding Lebanon’s COVID-19 vaccines after reported violations
BEIRUT (Reuters) – The World Bank threatened to suspend financing for Lebanon’s COVID-19 vaccination drive in its second week after…
World Bank approves cash assistance to crisis-struck Lebanon
Middle East
January 13, 2021
World Bank approves cash assistance to crisis-struck Lebanon
BEIRUT (AP) — The World Bank approved a $246 million loan to Lebanon to provide emergency cash assistance to nearly…
US, Sudan agree to settle African country’s World Bank debt
Middle East
January 6, 2021
US, Sudan agree to settle African country’s World Bank debt
CAIRO (AP) — The US and Sudan on Wednesday agreed to settle the African’s country’s debt to the World Bank,…
Sisi approves $500 mn housing loan agreement with IBRD
Egypt
December 17, 2020
Sisi approves $500 mn housing loan agreement with IBRD
Egypt’s President Abdel Fattah al-Sisi issued a decreeon Wednesday approving a US$500 million loan agreement between Egypt and the International…