Tag: World Bank
Egypt appoints World Bank’s IFC to help monetise state assets
The IFC will provide Egypt with technical assistance and advisory support to develop a strategy and implementation plan
Egypt secures $7 billion, five-year partnership from World Bank
The framework’s projects will be supported with a “financial envelope” of $7 billion in lending
Egyptian pound plunges to record low against the US dollar
Egypt’s pound plunged further on Wednesday reaching a record low of 31.4 to the dollar as the North African country moved to a more...
Egypt secures $500 million from the World Bank to expand social security
The World Bank has approved $500 million in new development financing to expand and strengthen Egypt’s social safety net and protection programme as the...
Egypt secures $500 million from the World Bank to boost food security
The World Bank said Wednesday that it had agreed to provide Egypt with a $500 million (EGP 9.4 billion) loan to boost food security...