Nasr discusses disbursing third tranche of World Bank loan, meets AIIB VP: Investment and International Cooperation Minister Sahar Nasr discussed disbursing the third USD 1 bn tranche of the World Bank loan to Egypt with Country Director Asad Alam, Al Masry Al Youm reports. A World Bank delegation is set to visit Egypt in the first week of June for talks on Egypt’s investment map and the private sector’s role in the economy. Separately, Nasr met with Asian Infrastructure Investment Bank VP for Policy and Strategy Joachim von Amsberg in Cairo to discuss new funding for Egypt, the ministry said in a statement. Funding is likely to go to solar power and transport projects including in the Suez Canal Economic Zone.

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