The World Bank

World Bank berates Lebanon’s elite for ‘zombie’ economy
Middle East

World Bank berates Lebanon’s elite for ‘zombie’ economy

DUBAI, Jan 25 (Reuters) – The World Bank blasted Lebanon’s ruling class on Tuesday for “orchestrating” one of the world’s…
MP: reform program is behind World Bank’s expectations with 5.5% growth in Egypt economy
Business

MP: reform program is behind World Bank’s expectations with 5.5% growth in Egypt economy

Under secretary of the Senate’s Irrigation and Agriculture Committee, Gamal Aboul-Fotouh said on Monday that the success of the economic…
Turkish lira weakens nearly 3%, giving up some of Wednesday’s gains
Middle East

Turkish lira weakens nearly 3%, giving up some of Wednesday’s gains

ISTANBUL, Jan 13 (Reuters) – Turkey’s lira weakened nearly 3% on Thursday, giving up most of the gains from a…
Egyptian health sector receives support from the World Bank
Egypt

Egyptian health sector receives support from the World Bank

The World Bank representative in Egypt and Senior Health Specialist Amr el-Shalakani said that the health sector receives the most…
Winter rain floods Gaza homes damaged in last spring’s war
Middle East

Winter rain floods Gaza homes damaged in last spring’s war

BEIT LAHIYA, Gaza Strip (AP) — The first rainstorm of winter sent water pouring into Ghalia al-Attar’s house through cracks…
World Bank: Palestinian economy could shrink by 11%
Middle East

World Bank: Palestinian economy could shrink by 11%

JERUSALEM (AP) — The Palestinian economy could shrink by as much as 11 percent in the coming year as the…
US Secretary of State, Ethiopia’s Prime Minister discuss final draft of GERD agreement
Egypt

US Secretary of State, Ethiopia’s Prime Minister discuss final draft of GERD agreement

US Secretary of State Mike Pompeo and Ethiopian Prime Minister Abbey Ahmed discussed on Wednesday in Addis Ababa the final…
Egypt says did not make concessions in GERD negotiations
Egypt

Egypt says did not make concessions in GERD negotiations

Egypt’s Irrigation Ministry denied that it was under pressure during the last round of the Grand Ethiopian Renaissance Dam (GERD)…
Egypt’s economic reform proves successful: Egypt’s PM
Business

Egypt’s economic reform proves successful: Egypt’s PM

Egyptian Prime Minister Mostafa Madbouly on Friday met with a high-level delegation from the World Bank, in the presence of…
Egypt’s Benban solar project wins best project prize worldwide: World Bank
Business

Egypt’s Benban solar project wins best project prize worldwide: World Bank

Acting Head of the World Bank Kristalina Georgieva announced on Wednesday that the Benban Solar Project in Aswan won best project…
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