Egypt raises stake in International Islamic Trade Finance Corp’s capital
Egyptian Cabinet has endorsed Wednesday a plan to raise the country’s stake in the International Islamic Trade…
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Islamic Development Bank
EXCLUSIVE: Arab funds’ shares for Sinai development projects
Arab funds have determined the size of their contributions, totalling US$1.5 billion, to development projects in…
EBRD allocates $170m to boost safety measures in Egypt’s energy sector
The European Bank for Reconstruction and Development (EBRD) is arranging a syndicated loan, consisting of a loan…
IDB, Bill Gates launch $500mln-fund to fight Poverty
The Islamic Development Bank (IDB) and Bill & Melinda Gates Foundation have launched $500-million worth…
Islamic Development Bank’s Funding Portfolio in Egypt hit $12.5 billion
The Islamic Development Bank’s total funding portfolio for Egypt has reached US$12.5 billion, including US$3.1…
Islamic Bonds to be issued in Egypt early FY2015-16 – Minister
The Egyptian government hopes to issue sukuk, or Islamic bonds, at the beginning of the 2015/2016 fiscal year, the…
IDB seeks Egypt Repayments before New Islamic Debt is issued
Egypt will need to complete projects and start repaying loans if it wants more funds from the Islamic Development…
Islamic Development Bank to open Representative Office in Cairo Soon
The Saudi Arabia based lender, Islamic Development Bank (IDB) will inaugurate its representative office in Cairo…
Arab Investment Bank, IDB Unit launch Leasing Firm in Egypt
Egypt's Arab Investment Bank (AIB) and the private sector arm of the Islamic Development Bank will launch an…
IDB financing Egypt’s petroleum products imports with $3 billion Loan
Islamic Development Bank (IDB) is providing Egypt with US$3 billion in loan to finance the country’s petroleum…