A tripartite meeting between Egypt, Sudan and Ethiopia terminated on Monday due to the absence of Sudan, according to a statement from the Egyptian Ministry of Water Resources and Irrigation. The meeting, which was held upon an invitation from the Ethiopian...اقرأ المزيد
The controversial Grand Ethiopian Renaissance Dam (GERD) will start the first round of power generation in June 2021, Ethiopian Fana Broadcasting Corporate S.C reported Ethiopian Minister of Water, Irrigation and Energy Seleshi Bekele on Thursday. “In...اقرأ المزيد
Sudan decided not to participate in the tripartite meeting with Egypt and Ethiopia on the controversial issue of the Grand Ethiopian Renaissance Dam (GERD) due to start on Saturday, according to a statement from the Sudanese Ministry of Irrigation and...اقرأ المزيد
Reaching a comprehensive and legal agreement between Egypt, Sudan and Ethiopia over the controversial Grand Ethiopian Renaissance Dam (GERD) is inevitable, said President Abde Fattah El Sisi in a phone call with his South African counterpart Cyril Ramaphosa,...اقرأ المزيد
The World Bank (WB) Group’s Board of Executive Directors approved a US $374 million project to provide cash support to 270,000 poor and vulnerable households, including those who recently lost their source of income as a result of the COVID-19 pandemic...اقرأ المزيد
The World Bank (WB) has announced that Egypt sees strong economic growth rates, despite the sharp decline in growth rates of major world countries over the outbreak of the novel coronavirus (COVID-19). In a report published on Thursday, the WB said the...اقرأ المزيد
The World Bank, represented in its country director in Egypt Marina Wes, and Minister of Investment and International Cooperation Sahar Nasr signed an agreement for an additional grant in the amount of US$ 1.7 million for the Equal Access and Simplified...اقرأ المزيد
Minister of Investment and International Cooperation Sahar Nasr called on the World Bank and IMF to boost their support to Egypt in achieving regional integrity and intra-trade in Africa, a press release on Friday read. Addressing the Intergovernmental...اقرأ المزيد
Prime Minister Moustafa Madbouli on Tuesday met with a mission of the World Bank to assess the business performance in Egypt. The meeting reviewed the efforts of the government to improve the indicators of Cross-border trade (CBT) and enforcing contracts....اقرأ المزيد
The World Bank (WB) announced it allocated $25 billion to invest in the initiative of digital transformation in Africa in the coming ten years and other $57 billion to invest in infrastructure projects in the next three years. The move came on Saturday...اقرأ المزيد