BIC Updates: Egypt http://bicusa.org/en/Region.23.aspx The latest news on Egypt from the Bank Information Center 10 http://www.infodev.org/images/infodev.gif infoDev http://bicusa.org/en/Region.23.aspx New irrigation project in Egypt’s West Delta raises critical questions about the World Bank’s priorities in reducing poverty The project will divert water from the Nile to the reclaimed lands in the West Delta region, while the introduction of the private sector for the first time in Egypt could leave small farmers behind. http://bicusa.org/en/Article.3897.aspx Thu, 02 Oct 2008 00:00:00 GMT http://bicusa.org/en/Article.3897.aspx World Bank signs new emission reductions purchase agreement in Egypt The World Bank will buy 325,480 tons of carbon credits from Egyptian Company for Solid Waste Utilization (ECARU) on behalf of governments and companies in Organisation for Econmic Co-operation and Development (OECD) countries. http://bicusa.org/en/Article.3842.aspx Tue, 08 Jul 2008 16:02:01 GMT http://bicusa.org/en/Article.3842.aspx BIC's MENA program organizes third workshop in Egypt The workshop introduced BIC's work to Egyptian media and civil society organizations, and focused on the activities of the international financial institutions in the country. http://bicusa.org/en/Article.3819.aspx Fri, 20 Jun 2008 16:55:12 GMT http://bicusa.org/en/Article.3819.aspx Islamic Development Bank joins efforts to alleviate food crisis Jeddah-based development institution announces $1.5 billion contribution toward food security programs in its member countries. http://bicusa.org/en/Article.3799.aspx Thu, 19 Jun 2008 00:00:00 GMT http://bicusa.org/en/Article.3799.aspx World Bank sets up $1.2 billion facility for food aid The World Bank announced today that it has set up a financing facility in the order of $1.2 billion to assist with the global food crisis. http://bicusa.org/en/Article.3784.aspx Thu, 29 May 2008 15:16:41 GMT http://bicusa.org/en/Article.3784.aspx Did the World Bank and the IMF use false statistics to build their economic success story in Egypt? A report issued by the Egyptian Central Auditing Organization accuses the Egyptian government of using misleading financial statistics. http://bicusa.org/en/Article.3648.aspx Thu, 17 Jan 2008 15:47:48 GMT http://bicusa.org/en/Article.3648.aspx BIC now has an Arabic page for its MENA program! Partners and readers from the Middle East and North Africa region can now access information on BIC's MENA Program in Arabic. http://bicusa.org/en/Article.3589.aspx Fri, 30 Nov 2007 14:35:03 GMT http://bicusa.org/en/Article.3589.aspx World Bank applauds Egypt's pro-investment reforms as workers go on strike Egypt tops list of reformers in World Bank's 2008 "Doing Business" report. http://bicusa.org/en/Article.3515.aspx Thu, 27 Sep 2007 14:42:36 GMT http://bicusa.org/en/Article.3515.aspx WB, IMF and AfDB-backed program to privatize Egyptian banks arouses controversy The Egyptian government is facing criticism from members of its parliament over plans to sell off the country’s publicly owned banks. The plan to privatize several national banks within the framework of an $8.7 billion financial sector reform program has the backing of the World Bank, the International Monetary Fund, the African Development Bank and US Agency for International Development. http://bicusa.org/en/Article.3455.aspx Wed, 01 Aug 2007 22:39:57 GMT http://bicusa.org/en/Article.3455.aspx Controversy in Egypt over discounted gas to Spain Sale of gas from EIB-financed LNG plant in Egypt at discount prices raises questions about who benefited from the deal. http://bicusa.org/en/Article.3443.aspx Thu, 19 Jul 2007 12:18:28 GMT http://bicusa.org/en/Article.3443.aspx