Browsing Category
Financial Institutions
EFG-Hermes: Egypt financial leasing to pick up on the long run
Egypt’s financial leasing industry faces short-term challenges but will be able to pick up pace on the long run,…
IFC’s total funding for leasing sector worth $1.4 billion in 58 countries
The World Bank Group’s International Finance Corporation (IFC) has secured around $1.4 billion finances for the…
EU to sign €129mn Egypt package on Oct 11
Johannes Hahn, Commissioner for European Neighbourhood Policy and Enlargement Negotiations, will visit Egypt…
Egypt’s ministry of communications sponsors 2nd conference of financial leasing
Under the auspice of Egypt’s communications ministry, the second version of the leasing conference will kick off…
Egypt signs LoI with Int’l Islamic Trade Finance Corporation in Washington
Egypt has signed Sunday evening a letter of intent with the International Islamic Trade Finance Corporation (ITFC),…
Making Egyptian pound exchange price more flexible is essential: IMF
Increasing the flexibility of the Egyptian currency’s exchange price is an essential part of the government’s…
Lagarde: Egypt has to do more on exchange rate, subsidies files to seal $12bn deal
Egypt has “almost completed” the actions required for International Monetary Fund’s $12 billion loan, but some…
IMF official expects first payout to Egypt worth around $2.5 billion
The International Monetary Fund's initial loan payout to Egypt will be worth around $2.5 billion, Masood Ahmed,…
Egypt expects to sign $12 billion IMF loan deal ‘within few weeks’
Egypt is expected to have the final approval of the International Monetary Fund’s three-year $12 billion lending…
‘Action please’ IMF chief Lagarde’s message to world economic leaders
International Monetary Fund’s Managing Director Christine Lagarde has strongly called on Thursday for action around…