Latest in Tag: WB Highlight
Latest in Tag: WB
Egypt’s GDP growth shifting from historical consumption drivers to investment, net exports: WB
Egypt’s GDP grew robustly by 5.3% in FY 2017/18 compared to 4.2% in the previous year according to the World Bank report
World Bank announces $500m to expand, improve Egypt’s social safety nets
Funds reassure World Bank’s commitment to promoting human capital development
WDR 2019: changing nature of work, best government response?
The World Bank (WB) issued the World Development Report (WDR) 2019 on Wednesday called “The Changing Nature of Work,” which studies how the nature of work is changing as a result of advances in technology today. Fears that robots will take away jobs from people have dominated the discussion over the future of work, but …
Overpopulation in Egypt can destroy economic progress: World Bank
Arab world has 70% in higher education institutions
WB, Mortgage Finance Fund discuss details of new deal
Fund’s loans portfolio to increase to EGP 32bn at end of 2019, says May Abdel Hamid
Breast Cancer most common type of cancers among women in Egypt: WB
This type estimated to be cause of 22% all cancer-related female deaths, says WB
Government has taken serious steps in implementing ‘Egypt 2030’ programme: WB official
Mahmoud Mohieldin, the World Bank’s (WB) senior vice-president for the 2030 Development Agenda, UN Relations, and Partnerships, praised ‘Egypt 2030’ programme that the government implements, as part of its economic and administrative reforms. “Egypt 2030 is a sustainable development programme linked to the 17 SDGs,” Mohieldin told reporters on the side-lines of the 25th annual …
Future of cash: will it become obsolete?
Transforming Egypt into a digital society starts with online payments
WEF, WB, ICRC launch Humanitarian Investing initiative
50 heads of state, governments, over 300 ministerial level participants in WEF annual meeting
Fuel subsidies phasing out faces significant challenges which must be faced: WB
According to the recent report issued by the Energy Sector Management Assistance Programme (ESMAP) which is administrated by the World Bank (WB), Egypt’s economy was adversely affected by a growing energy deficit, in the aftermath of the Arab Spring , slowing economic growth, increasing poverty, and socioeconomic transition. Egypt faced growing fiscal pressures. With fossil …
Egypt’s economic growth to reach 5.7% in 2019: WB
WB expects global economic growth to slow to 2.9% in 2019
Egypt requires $675 bn of investments to meet its infrastructure needs: G20
Authorities need to develop new approach to infrastructure provision says WB
WB supports Egypt’s reform programme with $1bn
Bank’s portfolio includes 16 projects with total commitment of $6.69bn
Egypt jumps eight places in WB’s 2019 Doing Business Report
Country implements biggest number of investment reforms over 10 years, says report
Egypt reaches $3bn financing deal with World Bank: MIIC
Bank’s grant aims to improve living conditions in Sinai, institution’s efforts to support national infrastructure, transportation, agriculture, says CEO of IBRD
WB to invest $45bn in Africa over next three years
Egypt presents a memorandum to WB, IMF with African Caucus demands, says MIIC
“Agreement will bring the total number of benefiting citizens to 1.7 million,”: Nasr
Egypt signs infrastructure agreement with WB worth $300m
Nasr to participate in IMF, WB annual meetings in Bali
Minister to attend human capital summit, deliver Egypt’s speech at G24 meeting
Minister of Finance heads to IMF, WB annual meetings in Indonesia
Moeit to visit South Korea, meet with officials, investment bankers
Egypt’s growth to reach 5.8% in 2020, driven by reform programme: World Bank
Growth in MENA projected to modestly rebound 2% due to oil price increase in 2018
WB economist recommends Egypt develops its digital infrastructure
Firms need to improve productivity depending on global technology, says economist
Balanced approach needed to address MENA’s short-term impacts of water scarcity: WB
In Egypt, 10% of agricultural water originates from recycled drainage water, says report
MIIC, Environment Ministry, WB agree on boosting cooperation, setting strategy for air quality in big cities
Minister of Investment and International Cooperation Sahar Nasr held a joint meeting with Minister of Environment Yasmine Found and World Bank (WB) mission representatives headed by Kreg Misnert, first economic environmental specialist at the WB, in the presence of Dahlia Lotayef, lead environmental specialist in the Environment and Natural Resources Global Practice at the WB Group. …
Negotiations to approve $2bn for Egypt going satisfactorily: WB executive board member
Egyptian authorities didn’t request additional budget support funds, says El-Etreby
Sinai development tops Nasr, Al-Saeed meeting agenda with WB
Egypt’s minister of investment, Sahar Nasr, and minister of planning, Hala El-Saidd discussed Sinai development projects, and how can the World Bank(WB) aid in completing such goals, during their meeting with the WB officials in Washington DC on Saturday. The meeting focused on the different ways that the WB and the International Finance Cooperation (IFC) …
Egypt’s growth rate forecast at 4.5% in 2018: WB
Growth rate projected to reach 5.9% by 2019, says the report
Egypt’s GDP to grow 5.3% by 2019: WB
Forecast lower than the WB’s previous January 2017 forecast, estimated at 5.4%
IMF deal would be credit positive for Egypt: Fitch Ratings
Government is explaining the importance of the loan to parliament, not concerned about high US dollar exchange rate, says finance minister
EU grants €68m for natural gas delivery to low-income Egyptian households
Grant to support part of the Ministry of Petroleum’s mega project of delivering natural gas to approximately 1.2m households during current FY
Egypt’s insurance market prospects are encouraging: Moody’s
Economic hurdles such as poverty and shortage of skilled workers will slow sector’s growth