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Cabinet signs off on USD 500 mn World Bank facility for Egypt’s social safety net
CABINET WATCH- The Madbouly Cabinet approved on Thursday a USD 500 mn loan from the World Bank to support Egypt’s…
What we’re tracking on 10 October 2019
Expect another low inflation reading when Capmas releases September’s figures later today. Annual headline inflation plunged to 7.5% in August,…
Ministers talk pollution control with World Bank mission
The environment, local development, investment and international cooperation, and transport ministers met with World Bank Regional Director Marina Wes to…
What we’re tracking on 9 October 2019
Prime Minister Moustafa Madbouly’s statement to the House yesterday didn’t quite have the intended effect. MPs stepped up their criticism…
Solidarity Ministry to receive World Bank loan tranche for employment initiative next month
The Finance Ministry could disburse EGP 800-900 mn from a recently agreed USD 500 mn World Bank loan to the…
Africa leads in mobile money payments
Africa is a global leader in mobile money payments: The region has become the global leader in mobile money innovation,…
Egypt to obtain first segment of USD 500 mn World Bank loan next fiscal year
Takaful and Karama will receive first payment of USD 500 mn World Bank loan next fiscal year: The Social Solidarity…
Egypt, World Bank sign USD 500 mn facility extending social safety program
In other news from international financiers: Egypt, World Bank sign USD 500 mn facility to extend social safety net: Investment…
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