CAIRO – 16 May 2022: Prime Minister Mostafa Madbouli attended Sunday the signing of a memorandum of understanding (MoU) between the Ministry of Foreign Affairs and Energy 3 to build a waste recycling station that produces biofuel and graphene at Fayoum...اقرأ المزيد
CAIRO – 24 February 2022: The World Bank said the Egyptian economy is steadfast in the face of the coronavirus pandemic, thanks to economic reforms. This came one year and a half after the outbreak of the pandemic in addition to reforms of the Egyptian...اقرأ المزيد
“Egypt is vulnerable to external shocks, and its open to global market, for example, the global oil price affects Egypt, the work force abroad and many other factors,” Senior Economist at the World Bank Hoda Youssef said during Euromoney conference. Youssef...اقرأ المزيد
The World Bank issued on Tuesday a report titled “The Egyptian Economy Observatory” in a press conference held at the headquarters of the Ministry of Investment and International Cooperation. The conference was attended by Minister Sahar Nasr, World...اقرأ المزيد
The World Bank issued earlier in April a report about the economic outlook for the Middle East and North Africa region including Egypt. Egypt Today reviews the most significant economic indicators for Egypt in the report, which are: – The bank...اقرأ المزيد
A mission of the International Monetary Fund (IMF) will visit Egypt in October to make the fourth review of the country’s economic reform program. A report by the fund said the economic reform program carried out by the Egyptian government played...اقرأ المزيد
The World Bank has approved a $300 million loan to complete Egypt’s Rural Sanitation Services Program, expanding the government efforts to improve sanitation in the rural areas of Egypt’s poorest governorates. Samia Mosadek, acting Regional Director...اقرأ المزيد
In a meeting with Agriculture Minister Ezz El-Din Abu Steit, the World Bank offered Egypt a flexible loan of US$ 500 million, intended to develop irrigation fields and value chains for vegetables, fruits, medical and aromatic plants, and flowers. The...اقرأ المزيد
The government, in cooperation with the World Bank, is allocating LE60 billion for Upper Egypt development plan, marking a budget increase of 20 percent from 2017. During the launch ceremony of the Sustainable Development Targets project on Thursday,...اقرأ المزيد
A delegation from the World Bank met with Minister of Social Solidarity Ghada Wali on Friday to review the accomplishments of the monetary aid program “Takafol w Karama” over the past three years, according to a press statement. Since its launch in...اقرأ المزيد
