Latest in Tag: World Bank Highlight
Latest in Tag: World Bank
UAB, World Bank to conclude study on initiatives to support SMEs
There are serious steps being taken to support SMEs in Egypt, Sudan, Tunisia, Oman, Morocco, Iraq, and Libya, says secretary-general
Egypt does not have time to remove bureaucratic obstacles: Salman
Salman added that his ministry will work easing investment procedures in front of Arab and foreign investors
Cloaks and dollars: World Bank’s $1bn, VAT, and misalignment within government
An attempt to provide an account of the brief history of the World Bank loan agreements, negotiations surrounding VAT, and the implications of parliamentary intransigence
In Cartoon: World Bank Loan
Minister of International Cooperation attains ‘miracle’ World Bank loan to be directed to general budget: Minister of Investment
Palm Hills sales of approximately EGP 6.5bn, its decision to distribute liquidity in cash on stakeholders reflects optimism and trust in real estate sector
First portion of WB loan has not entered CBE yet: CBE Deputy Governor
Deputy Governor of the Central Bank of Egypt (CBE) Tarek Fayed asserted said the first portion of the loan agreed upon with World Bank (WB), estimated at $1bn, has not entered CBE yet
World Bank: Newly approved loans followed by lowered economic growth prediction
World Bank Country Director for Egypt, Yemen and Djibouti Asad Alam said the international institution will focus on meeting Egypt’s needs to create more jobs by improving governance mechanisms and promoting social inclusion.
CBE awaits first segment of World Bank loan to support foreign reserves
Foreign reserves are facing major challenges by the beginning of 2016; repaying installments of foreign debts, covering local demand for dollars
EU grants €32m for wastewater expansion project in Egypt
500,000 inhabitants in 79 villages in Kafr El-Sheikh to benefit from the project
World Bank to give $1bn out of $6bn to Egypt before year-end
1.5m acres reclamation project on top of government agenda
World Bank: Climate change could push millions more people into poverty
“Without rapid, inclusive and climate-smart development, together with emissions-reductions efforts that protect the poor, there could be more than 100 million additional people in poverty by 2030,” the Bank said in a report.
World Bank agrees to raise Egypt’s portfolio to $6bn: Nasr
World Bank highly considers giving $3bn loan to support budget, the first since 25 January Revolution
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
People will not choose public transport if it’s not attractive: UITP Secretary General
Developing mass transportation and eliminating informal sector are two main hurdles facing Cairo transport system, says Alain Flausch
Egypt drops 19 spots in World Bank’s ‘Doing Business’ 2016 report
A government official expects improvement after economic reforms are implemented
Singapore still top place for doing business
When it comes to the efficiency of financial regulations and the ease of doing business, Singapore is second to none. The dynamic Asian city state once again tops the World Bank’s 2016 global rankings. Singapore held on to its business-friendly top ranking in the World Bank’s “Doing Business 2016” report released in Bangkok on Wednesday. …
Egypt’s insurance market prospects are encouraging: Moody’s
Economic hurdles such as poverty and shortage of skilled workers will slow sector’s growth
Finance minister declares $3bn loan from World Bank
Government officials said Egypt requested $2bn loan from World Bank
International cooperation minister heads meeting with Arab central bank governors
The World Bank delivered financing methods for reconstruction efforts, says Nasr
International cooperation minister discusses economic cooperation with European Commission
Programmes and projects funded by the European Commission are tackled with Deputy Director General, Katerina Mathernova
Dimian attends IMF, WB’s annual meeting in Peru
Finance minister will also attend meetings with high-level officials in international financial institutions and credit ranking institutions
World Bank suggests new strategy for Middle East
World Bank will provide assistance to countries that host refugees such as Jordan, Lebanon, Tunisia and Egypt
Egypt, World Bank sign MoU to improve investment environment
The MoU is part of Egypt’s efforts to benefit from the World Bank’s expertise in developing the investment environment.
World Bank funds sewage projects in Egypt for $1.1bn: Cabinet
The fund will serve 155 villages and will be provided in two phases based on the results of each phase, says housing minister
Citizens to participate in government decision-making: Finance minister
Budget Law requires amendments, citizens to be provided with state budget, says Hany Dimian
Newly appointed international cooperation minister to attend WB meetings
Sahar Nasr affirmed that the ministry is working on receiving needed financing for national development projects
Former World Bank economist heads international cooperation ministry
She was Country Coordinator for Finance & Private Sector Development in the World Bank from May 2011 to June 2014.
Delegation from World Bank to visit Egypt next month: US Embassy official
Visit comes to support Egypt in reaching financial inclusion
EGP 2.8bn in urgent funds to improve public services: Finance ministry
Ministry of Finance dedicates EGP 74.1m for operation of non-economic railway lines and student subscriptions, says Abdel Fattah
Petroleum Ministry to supply 1.2m residential units with natural gas this FY
Natural gas delivered to approximately 6.9m residential units from programme’s start until end of FY 2014/2015