World Bank loan

Egypt to receive World Bank loan third tranche in December: official
Business

Egypt to receive World Bank loan third tranche in December: official

Hafez Ghanem, World Bank Vice President for Middle East and North Africa, said that the third tranche of the World…
Egypt negotiates third tranche of World Bank loan
Business

Egypt negotiates third tranche of World Bank loan

The government began intensive negotiations with the World Bank mission, which is currently in Cairo, on the third tranche of…
Egypt and World Bank sign US$200 million loan aimed at creating quarter million jobs
Business

Egypt and World Bank sign US$200 million loan aimed at creating quarter million jobs

Egyptian Cabinet ministers and World Bank officials have signed off on a US$200 million project aimed at creating 250,000 jobs…
Tuesday’s papers: Loan controversy hits the World Bank
Egypt

Tuesday’s papers: Loan controversy hits the World Bank

State-owned newspaper Al-Ahram reports on its front page Tuesday that fuel subsidies will be reduced by LE25 billion to LE70…
World Bank to allocate US$250 million for Cairo transport
Business

World Bank to allocate US$250 million for Cairo transport

The World Bank agreed to loan Egypt US$250 million to be allocated to improving public transportation and traffic in Cairo…
World Bank head expects ‘tensions’ over US$1bn loan
Business

World Bank head expects ‘tensions’ over US$1bn loan

The head of the World Bank expects “tensions” as Egypt negotiatesa US$1 billion loan with the international lender, which could…
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