World Bank’s IFC provides up to $50m to NBK-Egypt
The IFC, a member of the World Bank Group, provided a loan of up to $50m to the National Bank of Kuwait-Egypt…
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finance
Cabinet endorses Kuwait fund’s loan for Egypt-Saudi power link
Egyptian Cabinet approved Thursday a loan agreement with Kuwait Fund for Arab Economic Development (KFAED) to…
Egypt’s first real estate financing federation to launch its website in two weeks
The newly-founded Egyptian Real Estate Financing Federation will be launching its website in two weeks to…
Egyptian banks to finance new Siemens power plants with LE10 bln
The Egyptian Electricity Holding Company will sign Sunday a LE10 billion ($1.2 billion) loan contract with a group…
UN resolution to target ‘explicitly’ IS oil money
A draft resolution to be submitted to the UN Security Council takes "explicit" aim at the Islamic State group and…
Egyptian Electricity Transmission in talks for $894 million finance
State-run Egyptian Electricity Transmission Company (EETC) is negotiating finance worth 7 billion Egyptian pounds…
Hungary to finance Egyptian housing, desalination projects
Hungary is ready to finance two projects related to housing and desalination fields in Egypt, said Egyptian…
Lead Foundation loans $29 million to micro enterprises in Egypt
Egyptian NGO, Lead Foundation's current portfolio for micro enterprises reached 225 million Egyptian pounds…
Egypt’s Industrial Development Bank pumps $25mn into micro enterprises
Industrial Development and Workers Bank of Egypt (IDWBE) has pumped around 200 million Egyptian pounds (US$25.5…
Egypt’s T-bill yields almost unchanged at Sunday’s auction
Yields on Egypt's three- and nine-month treasury bills are almost unchanged during Sunday's auction, data from…
