Egyptian Government Partners with International Finance Corporation to Boost Private Sector and Sell Assets Worth $40 Billion in 4 Years

2023-06-20 02:07:11 Cairo, Egypt (CNN) — The Egyptian government has contracted with the International Finance Corporation – the arm of the World Bank Group to empower the private sector – to provide technical support and advice to the government offering program, and to assist in structuring and preparing the companies targeted for offering to the … Read more

Learn about the most important amendments to the new global growth forecast x 9 information

2023-06-10 19:00:00 Written by Abdel Halim Salem Saturday, June 10, 2023 10:00 PM Global growth is expected to slow down in 2023 to 2.1%, and the tightening of global financial conditions and the decline in external demand will affect growth rates in emerging market and developing economies, according to The World Bank . Downside risks … Read more

The World Bank’s latest report raised the global economic growth forecast

2023-06-07 04:47:36 Share to WeChat Open WeChat, click “Discovery” at the bottom,Use “scan” to share the webpage to Moments. China Business News 2023-06-07 12:44:33 Editor in charge: Hao Yunying On the 6th local time, the World Bank released the latest “Global Economic Prospects” report, which raised the forecast for global economic growth in 2023 and … Read more

UBS expresses its hope to complete the acquisition of Credit Suisse at the end of June

2023-04-26 00:20:28 Swiss banking giant UBS announced on Tuesday that it hopes to complete the acquisition of its rival Credit Suisse at the end of June, stressing that this merger represents “a unique opportunity to create value.” Switzerland’s largest bank reported a net profit of $1 billion, well below expectations of $1.7 billion, but reported … Read more

The World Bank estimates the material losses of the Turkey earthquake…how much?

Shocking estimates announced by the World Bank for the value of the initial losses as a result of the major earthquake that struck southern Turkey. It expected that the cost of reconstruction would exceed twice the value of the losses. So what are these estimates in numbers? Part of the devastation left by the February … Read more

An understanding between “Abu Dhabi Development” and “International Finance”

Abu Dhabi (WAM) The Abu Dhabi Fund for Development signed a memorandum of cooperation with the International Finance Corporation of the World Bank Group, during the activities of the World Government Summit, with the aim of strengthening strategic cooperation between the two sides in several areas, including providing joint financing to support national private sector … Read more

To confront the black market, the price of the dollar rose in Lebanon today, Saturday, February 11th

The price of the dollar rose in Lebanon today, Saturday, February 11, 2023, at the beginning of trading, against the Lebanese pound on the unofficial black market, as it reached the level of 65,500 pounds for purchase, and 65,000 pounds for sale against the dollar. The “week” provides its followers with knowledge of everything related … Read more