World Bank
US$6.3 billion transferred out of Egypt in 2010
Business
March 21, 2011
US$6.3 billion transferred out of Egypt in 2010
Funds amounting to US$6.3 billion were transferred out of Egypt in 2010, according to Global Financial Integrity (GFI). “Egypt is…
The economic revolution is yet to happen
Business
March 5, 2011
The economic revolution is yet to happen
“All our economic losses are a small price to pay for freedom,” said renowned businessman Naguib Sawiris to audience applause…
International institutions offered to finance Egypt economy, says minister
Business
February 16, 2011
International institutions offered to finance Egypt economy, says minister
A handful of international financial institutions have offered to finance Egypt's economy following the recent 25 January uprising, newly-appointed Finance…
World Bank: Economic growth will slow in 2011
Egypt
January 14, 2011
World Bank: Economic growth will slow in 2011
The World Bank is anticipating a slowdown in the international economy after a period of recovery in 2010 following the…
World Bank considering electricity projects in Arab World
Egypt
December 26, 2010
World Bank considering electricity projects in Arab World
Managing Director of the World Bank Mahmoud Mohie Eddin said the bank is willing to fund a number of major…
Egypt climbs to 94th place on annual ‘Doing Business’ report
Business
November 3, 2010
Egypt climbs to 94th place on annual ‘Doing Business’ report
Egypt has risen to 94th place out of 183 countries in the 2011 "Doing Business" report, issued jointly by the…
Egypt comes in 26th on World Bank’s statistical capacity index
Business
October 19, 2010
Egypt comes in 26th on World Bank’s statistical capacity index
Egypt was ranked 26th on the World Bank's 2010 Bulletin Board on Statistical Capacity (BBSC), with a statistical capacity index…
Sunday’s papers: Mubarak sends Mohie Eddin to World Bank and FM places onus on Israel
Egypt
September 26, 2010
Sunday’s papers: Mubarak sends Mohie Eddin to World Bank and FM places onus on Israel
President Mubarak’s acceptance of Minister of Investment Mahmoud Mohie Eddin’s resignation makes headlines in both state-owned and independent papers. According…
Mubarak accepts Mohieldin’s resignation, Rachid to lead Ministry of Investment
Business
September 25, 2010
Mubarak accepts Mohieldin’s resignation, Rachid to lead Ministry of Investment
Minister of Investment Mahmoud Mohieldin announced that he will attend his last official meeting as minister next Sunday, as part…
Mohieddin to stay on as Investment Minister until October
Business
September 21, 2010
Mohieddin to stay on as Investment Minister until October
Egyptian Investment Minister Mahmoud Mohieddin, who was nominated two months ago for the position of World Bank executive director, said…