Egypt continues a process of political transition. Following President Hosni Mubarak’s ouster in February 2011, free parliamentary and presidential elections were held and Mohammed Morsi became president with almost 52% of the vote. A newly drafted constitution was confirmed in a referendum in December 2012. In June 2013, mass demonstrations against President Morsi erupted.
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Egypt has been plagued for many years by low-quality, insecure and unstable jobs but this can be reversed through reforms. A new World Bank report provides insights into the deepening structural problems of the Egyptian labor market and highlights short and long term policy interventions needed to unleash the potential of the private sector to create a large and diverse set of jobs.Read More »
In a room overlooking the Nile in the Upper Egyptian governorate of Aswan, a group of Egyptians gathered to discuss their development priorities and strategies to address them. Eventually, these discussions culminated in them choosing to prioritize education, health, poverty, infrastructure, and the development of economic sectors.Read More »
World Bank Regional Vice President for the Middle East and North Africa affirmed support to the people of Egypt and the country's development priorities and underscored the Bank’s commitment to exploring new projects and scaling up existing ones. Read More »