World Bank

Egypt accepts World Bank loan criticized by Salafis
Business

Egypt accepts World Bank loan criticized by Salafis

The World Bank has agreed to give Egypt a loan of US$200 million to fund the upgrade of sanitation and…
World Bank says rising food prices a concern, ready to help
World

World Bank says rising food prices a concern, ready to help

  WASHINGTON — The World Bank on Monday said it stood ready to help governments respond to a broad-based run-up…
Egypt’s OCI gets $100 mn loan from World Bank
Business

Egypt’s OCI gets $100 mn loan from World Bank

Egypt's Orascom Construction Industries (OCI) has secured a $100 million loan from the World Bank's investment arm to help it…
Despite criticism, 2005 plan to move water from Red to Dead Sea still alive
Environment

Despite criticism, 2005 plan to move water from Red to Dead Sea still alive

The shrinking Dead Sea may be topped off with water from the Red Sea, under a controversial 2005 World Bank…
Tuesday’s papers: Loan controversy hits the World Bank
Egypt

Tuesday’s papers: Loan controversy hits the World Bank

State-owned newspaper Al-Ahram reports on its front page Tuesday that fuel subsidies will be reduced by LE25 billion to LE70…
IMF loan to Egypt being finalized, says official
Egypt

IMF loan to Egypt being finalized, says official

An International Monetary Fund loan to Egypt is in its final stages and will be announced within the coming weeks,…
Nigeria’s respected finance minister loses to American expert in World Bank race
World

Nigeria’s respected finance minister loses to American expert in World Bank race

The World Bank on Monday chose Korean-born American health expert Jim Yong Kim as its new president, maintaining Washington's grip…
World Bank picks US nominee Kim as president
World

World Bank picks US nominee Kim as president

The World Bank on Monday chose Korean-born American health expert Jim Yong Kim as its new president, maintaining Washington's grip…
Brazil wants BRICS united in World Bank choice
World

Brazil wants BRICS united in World Bank choice

BRASILIA - Brazil wants emerging economic powers to rally around a single candidate to lead the World Bank as developing…
World Bank to allocate US$250 million for Cairo transport
Business

World Bank to allocate US$250 million for Cairo transport

The World Bank agreed to loan Egypt US$250 million to be allocated to improving public transportation and traffic in Cairo…
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