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Egypt to get final $1.6 billion tranche of IMF standby loan before June-end
Egypt is set to receive the final $1.6 billion tranche of its International Monetary Fund (IMF) standby loan before…
National Bank of Egypt signs deals with 14 regional, int’l institutions to raise $1…
The National Bank of Egypt (NBE), the country’s largest public lender, announced on Tuesday that it had signed…
Mastercard, Telda launch the first of its kind money app in Egypt
Mastercard announced on Tuesday a partnership with Telda, Egypt’s first of its kind payment application, aiming to…
National Bank of Egypt close to finalise $1 billion to refinance debt – sources
The National Bank of Egypt, the country’s largest public lender, is close to finalising a $1 billion loan from a…
Integrated Diagnostics Holdings secures $45 million debt financing package from IFC
Integrated Diagnostics Holdings (IDH), a healthcare diagnostics service provider with operations in Egypt, Jordan,…
Egypt’s GDP seen hitting EGP 6.4 trillion in FY2020/21 – minister
Egypt’s GDP is expected to hit 6.4 trillion Egyptian pounds ($408.1 billion) in the financial year 2020/2021 ending…
IMF seen releasing staff report on Egypt’s economic performance today – official
The International Monetary Fund (IMF) is expected to release on Tuesday a staff report on Egypt’s economic…
Egypt’s EFG Hermes eyeing minority stakes in startups after AIB acquisition deal
Egypt’s investment bank EFG Hermes Holding is targeting minority stakes in startups after its acquisition of a…
EgyptAir expected to sign EGP 5 bln loan with Banque Misr, NBE next month
Egypt’s national carrier EgyptAir is expected to sign a definitive agreement soon with two major lenders on a…
Egypt’s Commercial International Bank net profit grows 20% in Q1
Commercial International Bank (CIB), one Egypt’s largest private banks, reported on Sunday a 20 percent…