Egypt looks forward to constructive discussions during IMF’s 4th review of reform programme: Kouchouk
Ahmed Kouchouk, Egypt’s Minister of Finance, expressed optimism for positive and constructive discussions during the upcoming visit of the International Monetary Fund (IMF) mission, which aims to conduct the “fourth review” of Egypt’s economic reform programme. He emphasized the importance
Debt-for-investment swaps enhance development pathways in Africa: Finance Minister
Ahmed Kouchouk, Egypt’s Finance Minister, stated that debt levels across Africa are rising due to escalating economic shocks and risks linked to geopolitical tensions. He emphasized that the “Debt Alliance for Sustainable Development” could be part of the solution to
GAFI, World Bank discuss Egypt’s 2025-2030 FDI Strategy
The General Authority for Investment and Free Zones (GAFI) hosted a comprehensive workshop to discuss the strategic directions document, which serves as a roadmap for developing the 2025-2030 foreign direct investment (FDI) strategy. According to a statement from GAFI, this
Egypt, World Bank collaborate on Greater Cairo Air Pollution Management and Climate Change Project
Egypt’s Minister of Environment, Yasmine Fouad, inaugurated the opening session of a World Bank technical mission visit to review the progress of the Greater Cairo Air Pollution Management and Climate Change Project. This joint initiative between the Ministry of Environment
Ending poverty for half world’s population could take more than century: World Bank
At the current sluggish rate, it could take over a century to eradicate poverty for nearly half the world’s population—those living on less than $6.85 a day, according to the World Bank’s new Poverty, Prosperity, and Planet Report. This report
Egypt’s Irrigation Minister, World Bank discuss water cooperation at CWW
Egypt’s Minister of Water Resources and Irrigation, Hani Sweilem, met with Stefan Gumpert, Director of the World Bank Office in Egypt, and his accompanying delegation, where they reviewed the status of several areas of cooperation between the Ministry and the
Al-Mashat, World Bank discuss expanding partnership – Dailynewsegypt
Egypt’s Minister of Planning, Economic Development and International Cooperation, Rania A. Al-Mashat, met with World Bank Country Director for Egypt, Yemen, and Djibouti, Stephane Guimbert, on Tuesday to discuss expanding the strategic partnership between the two institutions. The meeting, which
World Bank grants Egypt $700m for sustainable growth, green transition – Dailynewsegypt
The World Bank has approved a $700m Development Policy Financing (DPF) package for Egypt, aimed at fostering sustainable growth, increasing private sector involvement, and bolstering the country’s economic resilience. The “Generating Resilience, Opportunities, And Welfare for a Thriving Egypt” DPF
Prime Minister discusses cooperation with World Bank’s Vice President – Dailynewsegypt
Prime Minister Mostafa Madbouly held a meeting with Osman Dion, Vice President of the World Bank Group for the Middle East and North Africa. The meeting took place during the opening session of the 2024 Annual Joint Meetings of Arab