Kuwaiti Fund signs $98.7mn loan deal for Egypt-Saudi power grid project
The Egyptian government and the Kuwait Fund for Arab Economic Development (KFAED) have signed Sunday a loan…
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Egyptian government
Siemens signs financial closure agreement for Egyptian power projects
Egyptian government has signed Sunday a financial closure agreement with German industrial giant Siemens, Orascom…
Egypt to re-loan $1.7bn to MSMEs and young entrepreneurs
Egyptian government is to provide more than US$1.7 billion for micro, small, and medium-sized enterprises (MSMEs)…
AFDB to send $500mn loan to Egypt before year-end: minister
Egyptian government is expecting to receive US$500 million from the Côte d'Ivoire-based African Development Bank…
Egypt has no plans for IMF loan – official
Cairo asserts once again its plans not to seek a loan from the International Monetary Fund following some reports…
EU grants Egypt €68mn for home gas delivery project
Egypt and the European Union signed Monday €68 million grant agreement for a project aimed to expand natural gas…
Egypt Cabinet gives nod to UAE, Chinese bids to upgrade power stations
Egyptian government approved Tuesday two offers from UAE and Chinese firms to upgrade power stations in Egypt.…
Egyptian government seeks 7% average annual growth in 15 years – Minister
Egyptian government is planning to record an average annual economic growth rate of seven percent in the next 15…
Egypt’s stalled $35bn housing scheme: big dreams to harsh reality
When Abu Dhabi-run contractor Arabtec signed a deal with the Egyptian government for a high-profile housing project…
Egypt to ink €240mn deal with Siemens to establish electricity transmission stations
Egypt will sign an agreement with Siemens within weeks to establish six new electricity transmission stations at a…
