Greece can get next loan tranche, cash for bank recap: Euro zone
Greece has done all the reforms in the a first package of measures agreed with euro zone creditors, which paves the…
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finance
Egypt launches $19mn fund to support 871 default factories
Trade ministry is to establish a fund with initial capital estimated at 150 million Egyptian pounds (US$18.6…
Finance ministry passes $378mn supporting loan to support power sector
Minister of Finance Hani Qadri Demian approved granting a supporting loan worth 8 billion pounds (US$378 million)…
Parliamentary, municipal elections to cost Egypt 1.5 billion pounds
The upcoming parliamentary poll and elections across Egypt's local municipalities are going to cost the country's…
UN, World Bank announce new funds for Mideast refugee crisis
The UN and World Bank said Saturday they will increase financing for the Middle East and North Africa to help…
European ministers confront Greece
Eurozone finance ministers on Monday meet for the first time since Greek voters re-elected leftist premier Alexis…
SFD in talks with two banks over $25.5mn contracts
The Social Fund for Development (SFD) is to sign two contracts with two banks to finance small enterprises, Head of…
Egypt’s Tahya Misr fund to launch holding firm for SMEs
"Tahya Misr" (Long Live Egypt) fund is to launch a holding company to support and finance Small and Medium-sized…
Egypt’s renewable energy project was almost triple oversubscribed- Official
Egypt's renewable energy project that sets a feed-in tariff to investors, was almost triple oversubscribed, head…
Egypt to issue Sukuk law early 2016
The Egyptian Cabinet is to issue the Sukuk law at the beginning of 2016, Finance Minister Hani Qadri Demian…
