Latest in Tag: World Bank Highlight
Latest in Tag: World Bank
The Sahel: One region, many crises
By AndrĂ©-Michel Essoungou Africaâs Sahel region faces many complex and interconnected challenges. Here are some of the major ones, and how the United Nations is assisting the region in finding solutions. The food crisis When the Sahel is in the news, it is often because millions of people are at risk of going hungry. …
World Bank pledges $2bn for Myanmar
The programme also includes $200m to help Myanmar achieve universal health coverage by 2030, the Bank said, noting that only one in four people in the once-isolated country has access to quality healthcare.
Canadian firm to lead Egyptian-Saudi electricity linkage project
The firm will review the projectâs terms of reference and choose its contractors
World Bank project in Egypt provides loans for micro and small businesses
While stimulating growth and generating employment opportunities, the project has also been successful in reaching people and communities that lack access to finance.
Tourism arrivals down 52% in October: CAPMAS
Tourism rates decline year on year, but show noticeable improvement compared to preceding months
Economic growth in Egypt expected to slowly pick up: World Bank
World Bank Economic Prospects Report expects economic growth in Egypt in 2014 to reach the highest rate since 2010 but will remain far below its potential
EGP 700m allocated for building the Suez-Samalot electricity linkage line
The World Bank will provide all necessary finances for implementing the project
Minister of electricity meets with World Bank
The minister discussed current and future projects of the bank in Egypt
Egyptâs inconsistent economic policies hinder investment: IFC and World Bank
Minister of Investment says investment opportunities will benefit all governorates
World Bank poorly prepared for conflict countries: study
The bank has “paid insufficient attention to conflict-related violence against women and economic empowerment of women in low-income fragile and conflict-affected states.”
Cooperation with World Bank will support social justice: Minister of Finance
World Bank executive director says bank supports âinterim governmentâs efforts to apply its economic and social development programmeâ
Greater rational liberalisation key to enhancing Arab economic competitiveness: Chambers of Commerce head
FEDCOC organised a conference on Monday to identify aspects of economic integration between countries of the Arab region.
World Bank helps finance Helwan power plant
Announcement comes during deputy Prime Ministerâs visit to Washington DC last week
IFC expects $1tn investments in EMENA region
Investments in fields of renewable energy, resource efficiency and climate change adoption are expected in emerging Europe, Central Asia, Middle East and North Africa, according to IFC report
Egypt struggles with flexibility and formality: World Bank
Lack of these traits hindering business growth, report says
Palestinian GDP can expand by a third if Israel lifts limits: World Bank
The World Bank report came about a fortnight after the Middle East Quartet published a plan to revive the ailing Palestinian economy, in an effort to support peace negotiations between Israel and the Palestinians.
Egypt slides in World Bank competitiveness rankings
Egypt drops by 11 positions to reach 118th place in this yearâs Global Competitiveness Index (GCI)
Reforms in action by the new government of Georgia
By Archil DZULIASHVILI In October 2012 parliamentary elections were held in Georgia. It was the 8th legislative election held since 1990, and the first time in the history of Georgia that a transfer of power happened peacefully, without rallies and demonstrations. A new government led by Prime Minister Bidzina Ivanishvili and the Georgian Dream Coalition came to …
World Bank proposes aid plan for Egypt
The World Bank reveals that the plan involves providing technical assistance
Delays in the World Bankâs water project
The project, whose budget is $300m, aims to construct wastewater treatment plants, collection networks, and decentralised treatment systems.
World Bank to fund electricity generation
Helwan South gas-fired power plant to help create jobs
World Bank sees less global growth, more stability
The MENA economies, projected to grow 2.5 percent, are still feeling the impact of political and social tensions from the Arab Spring
IFC, EIB, and AFD Support Small Businesses and Mobilise Investment in MENA
IFC is establishing the MENA SME Facility in partnership with the World Bank, International Financial Institutions and donors.
Egypt needs to create 850,000 new jobs per year
World Bank study: Essential to accommodate new participants in job market
Egyptâs economy: A state of âzugzwangâ
By:Â Mohamed A. Fouad The Egyptian economy is slated for a growth of only 2% in the fiscal year ending June 2013. Despite President Mohamed Morsiâs hope for a 5.5% growth next year, the outlook for 2014 is not flattering. Earlier this year, the World Bank forecasted economic growth at 3.8% for 2014 and in a …
Electricity Council meeting at Arab League
Council wants to set up Arab-wide electricity grid
Kuwait invests in Egyptian railways
Kuwait Fund for Arab Economic Development and Arab Fund for Economic and Social Development grant $250m to develop Banha-Zagazig Railway line
IFC launches Women’s Finance Hub
Online initiative helps women entrepreneurs gain access to financing
Ramez: World at large concerned with Egyptâs economic success
Cyprus âimpressedâ with Egyptâs banking sector, says governor of Egyptâs Central Bank on sidelines of spring meetings in Washington
IMF refuses to comment on loan
Government âdreamingâ if it thinks it can secure IMF agreement during spring meetings, says economic expert