IMF says will consider emergency financial assistance for Mozambique after cyclone    European lawmakers urge end of golden visa schemes, name EU tax havens    Israel-Hamas fighting eases along Gaza border, Israel moves up tanks and troops    Bomb in Somalia's capital kills 1, injures another    Eighth D-CAF kicks off with women-dominated art performances    Manchester City to play pre-season games in China    EGP 4.1bn in sales of Talaat Moustafa Group since January    Journalists express trepidation over press' future following penalties list    Egyptians bought 362.9 tonnes of gold in 9 years: World Gold Council    Egypt's Finance Ministry auctions EGP 1.2 bn T-bonds    UEFA urged to take strong action over racist incidents in England match    General Prosecutor orders investigation on "raping Al-Azhar student" rumours    USAID administrator meets senior officials, NGOs' representatives, entrepreneurs    Attack on US-backed Syrian fighters kills 7 in northern town    North Africa Health: Spotlight on the Healthcare Industry    Injured Ronaldo expects to return in one or two weeks    Uber buys rival Careem in $3.1 billion deal to dominate ride-hailing in Middle East    Egypt to see warmer daytime temperatures over next two days: Meteorologists    SIS lambastes BBC over posting report against Al-Sisi    Egypt halts trial online exams after severe problems    For first time: rocket hits central Israel, wounding 7 people    Egypt MPs give comments on proposed constitutional amendments in internal dialogue    USAID, local partners discuss development of Egypt's livestock production systems    Forgiveness: The Secret of Peace    On pleasing audience: Mahmoud Hemeda gives acting masterclass during Luxor African Film Festival    Al-Sisi, King Abdullah, Abdul-Mahdi agree on economic coordination, fighting terrorism    Egypt's Parliament expected to conclude dialogue over constitutional amendments in April    Misr Insurance covers belongings of Golden Pharaoh with $900m    Not German Christian Democrats    Euro 2020 qualifying: Germany look to emulate neighbors in period of evolution    Jadon Sancho is the type of player England has and Germany wants    Meet Egypt's youngest female football coach    Tutankhamun goes to Paris    Disney closes $71B deal for Fox entertainment assets    Darts for all    To be continued    Greta    International Universities to start its next academic year in the New Capital    A Broken Window play is the latest at Taliaa Theatre, don't miss it    Mustafa Al-Razzaz's art is on show at the Gezira Arts Centre    Don't miss Asmaa Waguih's photography show at the AUC Photographic Gallery    Christchurch terror    Diaa Rashwan    Another year for Syria?    National dialogue begins    New horizons    Egypt parliament provisionally approves bill on protecting personal data    Right man for the right job    

Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.

Egypt's Sisi meets with World Bank CEO in Vienna
Published in Ahram Online on 18 - 12 - 2018

Egyptian President Abdel-Fattah El-Sisi met on Tuesday with Chief Executive Officer of the World Bank Kristalina Georgieva to promote cooperation, El-Sisi's spokesperson Bassam Rady said.
The meeting came on the sidelines of the Egyptian president's four-day visit to Vienna.
El-Sisi stressed Egypt's keenness to promote cooperation with the World Bank as a partner in the sustainable development process in Egypt, says Rady.
Georgieva stressed the bank's efforts to develop the consultation and coordination frameworks with Egypt to continue supporting the country's economic reforms and social reform programme.
She highlighted that the economic reforms implemented by the Egyptian government have achieved positive results reflected in raising growth rates, reducing the budget deficit and achieving macroeconomic stability.
The World Bank official also said that the business and investment climate has drastically been improved.
El-Sisi travelled to the Austrian city on Saturday to attend the EU-Africa summit which took place on Monday.
In October, Egypt agreed to a new $3 billion financing deal with the World Bank, which the Egyptian investment ministry said would help secure economic growth.
The World Bank currently has 16 projects in Egypt worth a total of $6.69 billion.
Some of the projects support Egypt's private sector, while others aim to support education reform in public schools.

Clic here to read the story from its source.