World Bank Group

International Finance Corporation invests up to US$7 billion in Egypt
Business

International Finance Corporation invests up to US$7 billion in Egypt

Egyptian Minister of International Cooperation & Governor of Egypt at the World Bank Group, Rania al-Mashat, met on Friday with…
Planning Minister meets representatives of the World Bank Group
Egypt

Planning Minister meets representatives of the World Bank Group

Minister of Planning and Economic Development Hala al-Saeed met with a delegation from the World Bank headed by the Regional…
Mashat hails relations with WB group
Egypt

Mashat hails relations with WB group

Minister of International Cooperation Rania al-Mashat hailed on Monday long-standing relations with the World Bank Group to support Egypt 2023…
Egypt aims to become central hub for electrical interconnection among Arab countries: Minister
Egypt

Egypt aims to become central hub for electrical interconnection among Arab countries: Minister

Egyptian Minister of Electricity and Renewable Energy Mohamed Shaker announced Friday that Egypt aims to become a central hub for…
Egypt discusses developing healthcare system with World Bank
Egypt

Egypt discusses developing healthcare system with World Bank

The Egyptian Minister of International Cooperation, Rania al-Mashat met with World Bank leaders to discuss her country’s efforts to develop…
Parliament committee agrees to increase Egypt’s share of IBRD capital stock
Business

Parliament committee agrees to increase Egypt’s share of IBRD capital stock

The Egyptian House of Representatives’ Economic Affairs Committee approved on Sunday a presidential decree for increasing Egypt’s authorized share of…
Egypt’s poverty rate rises to 5% in 2019: World Bank official
Economy

Egypt’s poverty rate rises to 5% in 2019: World Bank official

The World Bank Group’s Senior Vice President for the 2030 Development Agenda, Mahmoud Mohieldin, said that Egypt’s poverty rate increased to five percent…
Sisi brings economic change for the better: World Bank President
Business

Sisi brings economic change for the better: World Bank President

President of the World Bank Group, David Malpass, said on Sunday that President Abdel Fattah al-Sisi has achieved economic and…
IFC launches program supporting financial technology startups in Egypt
Egypt

IFC launches program supporting financial technology startups in Egypt

IFC, a member of the World Bank Group, on Monday launched a program supporting the development of Egypt’s fintech space.…
International Finance Corporation to fund Egypt’s private sector with $2 bn by 2019
Business

International Finance Corporation to fund Egypt’s private sector with $2 bn by 2019

  The International Finance Corporation (IFC) is committed to financially support Egypt’s private sector with a $2 billion fund by…
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