World Bank says to provide Egypt with first $1 billion of $3 billion loan
The World Bank is to provide the first $1 billion tranche of a $3 billion loan to Egypt after parliament approves…
Browsing Tag
Egypt’s economy
No more “free” Saudi money for Egypt: Saudi businessman
Saudi Arabia's financial support for strategic ally Egypt will no longer involve "free money" and will increasingly…
‘Low Oil Prices Make Suez Canal Unattractive’: German paper
Egypt’s Suez Canal is being used by fewer ships than usual as the trade route has become more expensive than the…
Egypt endorses AMF’s $243.8mn loan to support national economy
Egyptian Cabinet has endorsed Wednesday a 59.16 million Kuwaiti dinars ($243.8 million) loan from the Arab Monetary…
Cairo main index climbs 8% in week after c.bank move
Egypt’s stock market posted weekly gains worth 18.8 billion Egyptian pounds ($2.4 billion). Main index, EGX30 has…
Egypt’s 3 top lenders issue euro-dominated debt certificates for Egyptians abroad
Egypt's three largest state-owned banks have issued Saturday euro-denominated debt certificates for Egyptians…
EBRD, Bank Audi ink $30 million deal to boost SMEs in Egypt
The European Bank for Reconstruction and Development (EBRD) and Bank Audi – Egypt have signed a $30 million to…
EBRD’s investments in Egypt hit €1.7 billion: official
The European Bank for Reconstruction and Development (EBRD) has invested €1.7 billion (US$2 billion) in Egypt…
Sisi’s fund to establish $13 million leasing firm
Tahya Masr (Long Live Egypt) Fund, originally initiated by President Abdel Fattah al-Sisi to support national…
Arab Contractors may IPO on Cairo bourse – sources
Egypt’s leading construction firm, Arab Contractors is likely to offer shares in initial public offering on the…
