World Bank

CBE governor to chair annual meetings of World Bank Group and IMF in October
Business

CBE governor to chair annual meetings of World Bank Group and IMF in October

The World Bank Group has chosen Tarek Amer, Governor of the Central Bank of Egypt (CBE), to chair the upcoming…
Egyptian gas exports to Europe range between 10% and 15%, minister
Economy

Egyptian gas exports to Europe range between 10% and 15%, minister

The Egyptian Minister of Petroleum and Mineral Resources Tarek al-Mulla said on Tuesday that Egyptian gas exports to Europe range…
Remittances from Egyptian expatriates rise 12.8% in March to $3.3 bln
Business

Remittances from Egyptian expatriates rise 12.8% in March to $3.3 bln

The Central Bank of Egypt (CBE) announced that remittances from Egyptian expatriates rose in March to about US$3.3 billion, an…
Egypt presents its economic reform experience at the World Bank and IMF Spring Meetings
Economy

Egypt presents its economic reform experience at the World Bank and IMF Spring Meetings

Egyptian Finance Minister Mohamed Maait presented his country’s experience in economic reform before the Spring Meetings of the World Bank…
The world may dodge another recession. But risks are growing
World

The world may dodge another recession. But risks are growing

London (CNN Business) – As the World Bank and the International Monetary Fund kick off their spring meetings this week,…
Egypt signs agreement with WHO on comprehensive health insurance system
Business

Egypt signs agreement with WHO on comprehensive health insurance system

Egypt signed a new agreement with the World Health Organization (WHO) so that the latter would contribute to establishing a…
Children skipping meals in majority of families in Lebanon, UNICEF says
Middle East

Children skipping meals in majority of families in Lebanon, UNICEF says

BEIRUT, Nov 23 (Reuters) – More than half of families in Lebanon had at least one child who skipped a…
Egypt first country in the Middle East and Africa to issue green bonds: minister
Business

Egypt first country in the Middle East and Africa to issue green bonds: minister

Egypt is now the first country in the Middle East and Africa to issue green bonds, Finance Minister Mohamed Maait …
Direct subsidy, cash financing program help reduce Egypt’s poverty rates by 5.2%: minister
Egypt

Direct subsidy, cash financing program help reduce Egypt’s poverty rates by 5.2%: minister

The Finance Minister Mohamed Maait announced that estimates from the World Bank indicate that direct subsidy programs and cash financing…
Government raises price of staple bread once more in Lebanon
Middle East

Government raises price of staple bread once more in Lebanon

BEIRUT (AP) — For the seventh time in a year, Lebanon’s economy ministry announced on Saturday new prices for bread,…
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