Browsing Category
Money
EBRD planning €1 billion investments in Egypt this year after pound float
The European Bank for Reconstruction and Development expects to invest about 1 billion euros ($1.1 billion) in…
Arab Fund to commit $82 million for Sinai development projects
The Kuwait-based Arab Fund for Economic and Social Development (AFESD) is studying contributing 25 million Kuwaiti…
Foreign investments in Egypt t-bills, bonds rise to $4 bln after pound float
Foreign investments in Egypt’s governmental treasury bonds and bills have risen to $4 billion after the country…
EBRD, EU, EIB, AFD launch green financing facility in Egypt
The European Bank for Reconstruction and Development (EBRD), the European Investment Bank (EIB), European Union,…
Egypt, EU complete 35 institutional twinning projects
Egypt and the European Union implemented around 35 projects worth €70 million ($75.7 million) for institutional…
EBRD: Egypt investments record €47.7 million since early 2017
The European Bank for Reconstruction and Development (EBRD) has so far invested in Egypt around €47.6 million…
World Bank disburses $1 bln to Egypt for inclusive growth
The World Bank (WB) disbursed Monday $ 1 billion to Egypt for the second financial consolidation, sustainable…
China, Egypt sign $71 million grant deal
Egypt and China have signed Monday a grant of $71 million to establish an Egyptian satellite and training centre…
Egypt’s CIB bank sells 74.75% stake in CI Capital
Egypt’s largest listed lender, Commercial International Bank (CIB) announced Monday selling a 74.75 percent stake…
Egypt launches World Bank-funded Upper Egypt development scheme
Egypt has launched Sunday a $500 million Local Development Programme for Upper Egypt, primarily funded by the World…