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UK backs World Bank’s $1bn funding for Egypt

By CityCalc Newsroom · Mon May 11 2026 · Source: AGBI

Egypt has secured $1 billion in financing from the World Bank to support its private sector in strengthening the economy. The financing includes a $200 million credit guarantee from the United Kingdom to sustain growth, the development bank said in a statement.

Egypt has secured $1 billion in financing from the World Bank to support its private sector in strengthening the economy. The financing includes a $200 million credit guarantee from the United Kingdom to sustain growth, the development bank said in a statement.

Curated by CityCalc from AGBI. Read the full article at the source.

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