Latest in Highlight
Latest in
Remittances to MENA in 2020 to fall 19.6% due to COVID-19: WB
Decline attributed to lower oil prices in GCC, global slowdown, says report
Egypt’s exports, FDI underperformance to be exacerbated by COVID-19: WB
Oil price collapse hurts MENA’s oil industry, says report
Prioritising, protecting healthcare workers is critical: WB
20% of Italy’s healthcare workers contracted coronavirus, says Araujo
WB expands support to Egypt’s housing projects with $500m
Bank’s portfolio comprises 12 projects with a total commitment of $5.9bn
MENA records fastest external debt accumulation, Egypt top borrower: WB
Lebanon, Egypt absorbed 90% of net long-term external debt inflows to MENA, according to World Bank report
Joint mission from WB, EBRD, GI Hub to explore infrastructure opportunities in Egypt
Al-Mashat asserts government’s keenness on partnership with private sector
WB delegation, Trade, Industry min. discuss economic reforms’ priorities
Another WB mission to visit Egypt next week
WB’s board of directors to visit Egypt in January: MIC
Delegation to meet Madbouly, Al-Mashat, other senior officials, says statement
Ministry of Environment, WB address air pollution management in Cairo
The project supports the state’s plan for gradual transformation to electric transport
WB convenes governments to share best practice, build expertise in doing business reforms
The Technical Deep Dive allows participants to discuss the methodology and indicators of the Doing Business report, share best practices on identifying bottlenecks to private sector development, and implement relevant reforms.
WB assists Egypt develop its statistical capacities
First national strategy for developing statistics to be launched soon
Al-Sisi discusses upgrading cooperation with WB official
The president discussed mutual cooperation with FAO on sidelines of WYF
Africa is Egypt’s top priority in financial negotiations at IMF, WB’s annual meetings
Meeting wrapped up with high level of Egyptian participation
Egypt, WB agree on boosting infrastructure and digital cooperation
The country is witnessing a quantum leap in to a digitalised society, says Talaat
International financial institutions recommend Egypt to further improve its competition policy
Egypt made nominal efforts to consolidate SOEs, says WB
Nasr participates in the IMF, WB’s 2019 annual meetings
Nasr will take part in a session titled “Jobs and economic transformation in emerging markets” along with five speakers on Friday, according to the IMF website.
Global economy is decelerating: WB
The world’s current $86tn economy is highly vulnerable to geopolitical risks.
UK expands its support to Egypt with £13m through WB
Egypt, UK discuss preparations of UK-Africa Investment summit in January 2020, says MIIC
Friendlier business environment required in Egypt: WB
Senior economist at WB calls on government to simplify customs procedures
Egypt’s GDP growth shifting from historical consumption drivers to investment, net exports: WB
Education, health sectors have yet to benefit from reforms’ freed-up resources, says 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