World Bank OKs $240M loan for Egypt power plant
The World Bank approved on Tuesday a $240 million loan to help Egypt develop the Giza North power project as it strives to meet growing demand for electricity.
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The World Bank approved on Tuesday a $240 million loan to help Egypt develop the Giza North power project as it strives to meet growing demand for electricity.
February 15, 2012 2:26The World Bank sharply cuts global economic growth forecast, seeing "real" risk of a slump like 2008/09. And it looks like it’ll be worse for developing countries
January 18, 2012 3:14The World Bank warned on Tuesday that developing countries should brace for a growth slowdown stemming partly from Europe's debt woes, as it sharply scaled back its estimates for expansion.
January 18, 2012 2:07International Finance Corp., a unit of the World Bank, plans to invest close to $1 billion by the end of June in countries including Egypt, Iraq, Jordan and Libya, its regional director said on Sunday.
January 15, 2012 2:45