AfDB to sign Egypt’s $500 million loan today
Egypt is to sign Thursday a $500 loan with the African Development Bank (AfDB) in the presence of Egyptian Prime…
Browsing Tag
Egyptian government
Oil price drop spurs Egypt fuel subsidy phase-out once more
The continued collapse in oil prices will encourage Egyptian government to slash fuel subsidies once more to reduce…
Egypt to appeal $1.76 billion fine to Israel, freezes gas import talks
Egypt is to appeal a ruling by the International Chamber of Commerce to compensate Israel Electric Corporation…
British flights to Egypt’s Sharm El-Sheikh to resume in few weeks – Official
British airlines will resume their flights to Egyptian resort, Sharm El-Sheikh in the coming few weeks, the…
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…
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…