Featured UN Chief appoints Egypt’s Al-Mashat as ESCWA executive secretary Aya Anwar Apr 21, 2026 0 United Nations Secretary-General António Guterres appointed Rania A. Al-Mashat of Egypt as Executive Secretary of…
Featured Egypt secures $15.6b in concessional finance for private sector since 2020: minister Aya Anwar Jul 1, 2025 0 Egypt has attracted more than $15.6 billion in concessional financing for its private sector since 2020, Minister…
Africa News Uganda secures $800m from IsDB Aya Anwar May 22, 2025 0 Uganda has signed Thursday a $800 million financing agreement with the Islamic Development Bank (IsDB) to fund…
Africa News $1.5 bln renewable energy projects presented at AfDB’s 2023 meeting Norhan Adel May 24, 2023 0 The African Development Bank Group’s 2023 meeting witnessed on Tuesday the Africa Investment Forum (AIF) presenting…
Egypt News Egypt to halt wheat tenders by 15 April – minister Sama Mousa Mar 19, 2023 0 Egypt will halt wheat tenders by the beginning of local wheat season in 15th of April, said the Minister of Supply…
Money Islamic Development Bank opens first regional HQ in Egypt Yomna Yasser Jun 2, 2022 0 The Islamic Development Bank Group (IsDB) has on Thursday launched its first regional headquarters in Cairo, Egypt.
Featured Islamic Development Bank working on 57 projects worth $3.8bn in Egypt Amwal Al Ghad English Jul 12, 2020 0 The k (IsDB) Group is currently working on implementing 57 projects worth $3.8 billion in Egypt, said Dr Bandar…
Money Egypt, IsDB seek to boost cooperation Amwal Al Ghad English Jan 25, 2020 0 Islamic Development Bank (IsDB) Group discuss cooperation with Egypt which aims to promote Egypt's economic growth,…
Money Saudi’s Islamic Development Bank hails Egypt’s legislative, economic reforms Amwal Al Ghad English Oct 22, 2019 0 Saudi Islamic Development Bank's president has praised the legislative and economic progress that Egypt has…
Banks Islamic Development Bank, Egypt sign $3 bln country partnership Amwal Al Ghad English Oct 4, 2018 0 The Jeddah-based Islamic Development Bank (IsDB) and Egypt have signed on Thursday a $3 billion country partnership…
Financial Institutions ITFC delegation to visit Egypt in September to sign new deals Hesham Ibrahim Jul 8, 2018 0 A delegation from the International Islamic Trade Finance Corporation (ITFC), a member of the Islamic Development…
Industry & Trade Islamic Development Bank to invest $3 bln in Egypt’s developmental flagships in 3yrs Yomna Yasser Apr 7, 2018 0 The Egyptian minister of investment and international cooperation revealed that she has agreed with the Islamic…
Banks Islamic Development Bank targets $3bn strategy for Egypt Yomna Yasser Oct 16, 2017 0 Saudi Arabia-based lender Islamic Development Bank (IDB) plans a new strategy worth $3 billion to cooperate with…
Industry & Trade Islamic Development Bank unit, Egypt to sign export boost plan next Sept Mennatullah Hamzawy Jun 28, 2017 0 Egyptian Minister of Trade Tarek Qabil will sign an action plan next September with the International Islamic Trade…
Banks Islamic Development Bank team to discuss Egypt new strategy in Dec. Yomna Yasser Oct 8, 2016 0 An Islamic Development Bank Group (IsDB) delegation will arrive in Egypt next December to outline a new country…
Banks Al Baraka Egypt seeks to renew World Bank’s $22.5 mln SMEs financing deal Yomna Yasser Aug 17, 2016 0 Al Baraka Bank Egypt seeks to renew its SMEs financing agreement worth 200 million Egyptian pounds ($22.5 million)…
Banks Al Baraka Egypt secures Islamic Development Bank $5.6mn SME credit line Yomna Yasser Aug 13, 2016 0 Al Baraka Bank Egypt, part of Bahraini Al Baraka Banking Group, has secured the Islamic Development Bank’s (IDB)…
Banks Islamic Development Bank braces for new major cooperation strategy with Egypt Yomna Yasser Aug 13, 2016 0 Egypt and the Islamic Development Bank (IDB) are preparing for a new cooperation strategy given top priority to…
Banks Islamic Development Bank says to open Egypt resident office this year Yomna Yasser May 18, 2016 0 The Islamic Development Bank (IDB) is planning to inaugurate its representation office in Egypt within the current…
Banks IDB, EBRD mull SME fund launch for Egypt, 3 Arab states Yomna Yasser May 17, 2016 0 The Islamic Development Bank (IDB) is studying establishing a mutual fund for the small and medium-sized…
Banks Islamic Development Bank invests $3.7 bln in Egypt: official Yomna Yasser May 17, 2016 0 The volume of Islamic Development Bank (IDB)’s investments in Egypt currently amounts to US$3.7 billion, said…
Financial Institutions Egypt raises stake in International Islamic Trade Finance Corp’s capital Yomna Yasser Mar 10, 2016 0 Egyptian Cabinet has endorsed Wednesday a plan to raise the country’s stake in the International Islamic Trade…
Financial Institutions EXCLUSIVE: Arab funds’ shares for Sinai development projects Yomna Yasser Dec 24, 2015 0 Arab funds have determined the size of their contributions, totalling US$1.5 billion, to development projects in…
Banks EBRD allocates $170m to boost safety measures in Egypt’s energy sector Yomna Yasser Dec 6, 2015 0 The European Bank for Reconstruction and Development (EBRD) is arranging a syndicated loan, consisting of a loan…
Banks IDB, Bill Gates launch $500mln-fund to fight Poverty Noha Gad Jun 13, 2015 0 The Islamic Development Bank (IDB) and Bill & Melinda Gates Foundation have launched $500-million worth…
Banks Islamic Development Bank’s Funding Portfolio in Egypt hit $12.5 billion Yomna Yasser May 24, 2015 0 The Islamic Development Bank’s total funding portfolio for Egypt has reached US$12.5 billion, including US$3.1…
Egypt News Islamic Bonds to be issued in Egypt early FY2015-16 – Minister Yomna Yasser Apr 30, 2015 0 The Egyptian government hopes to issue sukuk, or Islamic bonds, at the beginning of the 2015/2016 fiscal year, the…
Banks IDB seeks Egypt Repayments before New Islamic Debt is issued Administrator Apr 28, 2015 0 Egypt will need to complete projects and start repaying loans if it wants more funds from the Islamic Development…
Banks Islamic Development Bank to open Representative Office in Cairo Soon Yomna Yasser Apr 9, 2015 0 The Saudi Arabia based lender, Islamic Development Bank (IDB) will inaugurate its representative office in Cairo…
Banks Arab Investment Bank, IDB Unit launch Leasing Firm in Egypt Yomna Yasser Mar 26, 2015 0 Egypt's Arab Investment Bank (AIB) and the private sector arm of the Islamic Development Bank will launch an…
Banks IDB financing Egypt’s petroleum products imports with $3 billion Loan Yomna Yasser Mar 14, 2015 0 Islamic Development Bank (IDB) is providing Egypt with US$3 billion in loan to finance the country’s petroleum…
Banks EBRD, IDB unit to launch SME Fund for Egypt, Morocco, Jordan, Tunisia Yomna Yasser Jan 19, 2015 0 The European Bank for Reconstruction and Development (EBRD) and the private sector arm of the Islamic Development…
Banks Egypt Sees $225mn from Islamic Development Bank for Sharm el-Sheikh Airport Yomna Yasser Sep 20, 2014 0 Islamic Development Bank (IBD) is allocating a loan worth $450 million to finance the development of Sharm…
Banks Egypt Expects $425 M From Islamic Development Bank, For Refinery, Airport Amwal Al Ghad English Sep 15, 2014 0 Egypt said on Sunday it expected to receive around $425 million in funding from the Islamic Development Bank to…
Banks Islamic Development Bank Mulls $160mn Funding for Egypt-KSA Power Project Yomna Yasser Sep 6, 2014 0 The Islamic Development Bank (IDB) is considering a recent request by Egypt for $160 million in funding for its…
Banks Bank of England May Broaden Islamic Liquidity Tools Yomna Yasser Mar 27, 2014 0 The Bank of England is studying ways to increase the number of sharia-compliant assets that Islamic financial…
Industry & Trade IDB Allocates EGP1.4 billion for Egypt’s West Damietta Power Plant Yomna Yasser Feb 16, 2014 0 The Islamic Development Bank (IDB) contributes with EGP 1.4 billion to finance the upgrade project of West Damietta…
Banks EIB, Egypt Ink €205 mn Loan Deal to Finance El Shabab Power Plant Yomna Yasser Feb 9, 2014 0 Egypt signed today a loan agreement worth € 205 million with the European Investment Bank (EIB), designated…
Banks Egypt:US$6 bln Loan Agreements Signed Since Morsi’s Ouster Yomna Yasser Nov 18, 2013 0 The total loans and grants received by Egypt’s army-backed government since July 2013 have hit around US$ 5.9…
Banks IDB to Launch $10 Billion Islamic Bond Program in Dubai Yomna Yasser Nov 3, 2013 0 The Islamic Development Bank (IDB) ISDBA.UL will set up a $10 billion sukuk issuance program on the Nasdaq Dubai…