The World Bank will finance the development of the infrastructure for the industrial zones in Upper Egypt governorates of Qena and Sohag, Industry and Foreign trade Minister Tarek Kabil said in a statement on Thursday. Qena and Sohag are two of the poorest governorates in Egypt, where urban unemployment is higher than the national average, according to state's statistics body CAPMAS. The World Bank has approved in December expanding Egypt's portfolio with its subsidiary the International Bank for Reconstruction and Development (IBRD) to $6 billion from USD5 billion over the five years from 2015 to 2019. (ahramonline)