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Egypt negotiating $500 mln Upper Egypt development loan from World Bank
Egypt is negotiating a $500 million loan from the World Bank to finance development schemes in Upper Egypt region.…
Egypt to sell more five-, 10- and 30-year Eurobonds: official
Egypt is tapping international debt markets on Wednesday for the second time in just five months, a finance…
Moody’s downgrades China ratings to ‘A1’ over slowing economy, growing debt concerns
Moody's Investors Service downgraded on Wednesday China's credit rating to A1 from Aa3, changing its outlook to…
Egypt expects to increase 7.2bn pounds in Banque du Caire offer
Egypt expects to raise 7.2 billion Egyptian pounds ($400 million) through an initial public offering of…
EGB Egypt signs $20 mln loan agreement to finance SMEs
Cairo-based Egyptian Gulf Bank has signed a loan agreement with the European Investment Bank (EIB) to receive a $20…
In surprise move, Egypt’s CBE hikes key interest rates
The Central Bank of Egypt raised its key interest rates by 200 basis points on Sunday, citing stronger economic…
Egypt unexpectedly hikes key interest rates by 200 basis points
Egypt’s central bank has raised on Sunday its key interest rates by 200 basis points during a meeting of its…
Egypt’s AAIB bank negotiating $110 million loans from EBRD, SANAD Fund
Egypt’s Arab African International Bank (AAIB) is currently negotiating loans worth $110 million with two…
Credit Agricole not considering leaving Egyptian market
The chairperson and managing director of Credit Agricole Egypt, Francois Edouard Drion, said that the bank aims to…
The top 10 Egyptian leasing firms in Q1 by market share
The Egyptian Financial Supervisory Authority (EFSA) reveals in a recent report the biggest leasing companies in the…