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Egypt gets additional $300m in World Bank package

article author: Reuters Author: Sun, 2026-05-10 23: 39 CAIRO: Egypt will receive ‌an extra $300 million as part of a World Bank development financing package to help it confront fallout from the Iran war, Stephane Guimbert, the World Bank’s division director for Egypt, Yemen, and Djibouti, told reporters on Saturday. The package, consisting of $800 million from the World Bank and a $200 million British guarantee, is to support private sector-led job creation, macroeconomic stability, and the green transition. The bank’s board approved it on ‌Friday. Main category: Business & Economy Tags: Egypt World Bank

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