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The Egyptian government plans to put up 80% of the shares of a company for small and medium enterprises in the stock market for IPOs in attempt to boost economy
The IFC funded private sector projects in various fields including infrastructure, energy, and small and medium enterprises.
Government drafts document obliging Toshka development companies to finish within 3 years or face land withdrawal
Pace of growth in seven Middle Eastern countries remains “far below” the rates expected in the 2000s, the World Bank indicates
Prime Minister Ibrahim Mehleb held talks with World Bank Group President Jim Yong Kim on how to use bank’s financing for development projects in Egypt
Policies should be designed to provide a competitive environment, according to World Bank report
Success story is grabbing global attention
By Mohamed Ayyad Today I am writing to you, Minister of Investment Ashraf Salman. It is up to you if you wish, honestly and in the name of success, to listen to the masses. You must wage a fierce war on bureaucracy and administrative corruption, for even if you fail, the effort will be recognised. As you …
Congested roads costs Egypt EGP 47bn yearly, according to a new World Bank report
Warning that time was running out for the planet to avoid worst-case climate change
World Bank has helped finance several projects in various sectors during the past year
A picture of key rankings of Egypt during 2013-2014
The loan will finance 130,000 micro and small enterprises, World Bank says
The Social Fund for Development will implement the project, backed by the European Union and the World Bank
Strategy will be processed over next six months
African agribusiness is set for a huge leap, according to a World Bank report
It is the biggest loan package Tunisia has received since the 2011 revolution that toppled autocratic president Zine El-Abidine Ben Ali.
Women face greater barriers of entry and higher levels of discrimination following shift to non-trade sectors, World Bank report says
World Bank economists say gains from the government’s two economic stimulus packages will be small, short lived
By André-Michel Essoungou Africa’s 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. …
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.
The firm will review the project’s terms of reference and choose its contractors
While stimulating growth and generating employment opportunities, the project has also been successful in reaching people and communities that lack access to finance.
Tourism rates decline year on year, but show noticeable improvement compared to preceding months
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
The World Bank will provide all necessary finances for implementing the project
The minister discussed current and future projects of the bank in Egypt
Minister of Investment says investment opportunities will benefit all governorates
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.”
World Bank executive director says bank supports “interim government’s efforts to apply its economic and social development programme”