Latest in Highlight
Latest in
World Bank Group, Partners launch new initiative to expand A2F for MSMEs, drive growth, jobs in MENA
MSMEs are the backbone of MENA economies, comprising nearly 90% of private firms and playing a pivotal role in the creation of dynamic, competitive, and inclusive economies and jobs, according to International Finance Corporation (IFC’s) press statement on Tuesday.
Egypt’s economic growth to pick up in 2020 supported by monetary policy easing: WBG
Government’s promotion initiatives and improved security support tourism sector, says report
Egypt’s high interest rates exert pressure on budget: WBG
Social conditions remain difficult, inflation eroded real income, says report
IFC invests close to $200m in Egypt, eyes opportunities in infrastructure, manufacturing sectors
The International Finance Corporation (IFC), a World Bank Group member, invested close to $200m in the Egyptian market over the last eight months, the IFC Country Manager for Egypt, Libya, and Yemen, Walid Labadi, told Daily News Egypt (DNE). The IFC chose Egypt earlier as a model for its investments in Middle East and Africa. …
Future of cash: will it become obsolete?
Transforming Egypt into a digital society starts with online payments
Egypt achieved universal access to electricity: WB’s Year in Review
13% of world’s population still live without electricity, says report
“Agreement will bring the total number of benefiting citizens to 1.7 million,”: Nasr
Egypt signs infrastructure agreement with WB worth $300m
We annually invest about $17bn in region: WB’s vice president for Africa
African countries recommended to heavily invest in infrastructure, energy, ICT
Egypt needs 7% growth to reduce unemployment rate, restrain population growth, improve incomes: Mohieldin
Targeted growth should be 6-7%, which requires direct investments of 25-30%
Business practice environment
A few days ago, the World Bank Group released its Doing Business 2018 report. The report sheds light on the country’s performance and business climate through a number of indicators during the period from July 2016 to the end of June 2017. The Doing Business Index has been issued 15 times to date. It aims …
Egypt jumps 49 places to rank 64 in issuing construction permits in 2017: WBG
Egypt scored 12 out of 15 in building quality control index, compared to 11.3 in OECD high income