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Money
Misr Life renews medical insurance cover for Egyptian Gulf Bank’s employees
Egypt’s Misr Life Insurance has renewed a medical insurance cover designated for the Egyptian Gulf Bank’s (EGB)…
Egypt central bank keeps key interest rates ‘unchanged’
Egypt's central bank has left on Thursday its key interest rates unchanged at a meeting of its Monetary Policy…
AfDB disburses second $500 million loan tranche to Egypt
The African Development Bank (AfDB) has disbursed a $500 million loan to Egypt, the bank's representative in Cairo,…
United Bank attains 120mn Egyptian pounds from SFD to fund SMEs
State-run United Bank of Egypt obtained 120 million Egyptian pounds from the Social Fund for Development (SFD) in…
Ezdehar Management’s Egypt Mid-Cap Fund reaches $85 million
Egyptian mid-cap investment management firm Ezdehar Management says it raised $85 million for its fund, Ezdehar…
Moody’s says Egypt IMF programme will support fiscal, external position
While Egypt's international Monetary Fund programme will support gradual improvements to the country's fiscal and…
EIB, Egypt sign €115 million Gulf of Suez wind farm financing deal
Egypt has signed Tuesday a €115 million ($125 million) agreement to finance its wind farm project in Gulf of Suez…
IFC loans AAIB bank $100 million to support Egypt SMEs, energy projects
The International Finance Corporation (IFC), a member of the World Bank Group, has provided a $100 million loan to…
CBE is ready to repay Egypt’s foreign obligations: Amer
Central Bank of Egypt (CBE) is ready to repay any foreign obligations on Egypt at any time without delay, the…
French Development Agency, Egypt sign €259 million financing agreements
Egypt and the French Development Agency (AFD) have signed Monday four financing agreements totalling €259 million…