Featured EIB funds DEPA’s solar parks with €390m loan Aya El Sayed Jul 24, 2024 0 Greece’s largest gas supplier, DEPA Commercial, has secured a €390 million ($423.19 million) loan from the European…
Featured G7 agrees on $50b Ukraine loan from frozen Russian assets Aya El Sayed Jun 13, 2024 0 Negotiators at the Group of Seven (G7) summit have reached a provisional agreement on a $50 billion loan to…
Banks Banque du Caire injects over EGP1 b for micro enterprise loan product Aya El Sayed Mar 14, 2024 0 Banque du Caire revealed on Thursday that it had secured more than a billion Egyptian pounds for Engaz loan for…
Money France’s €2B bet on climate change solutions Aya El Sayed Feb 8, 2024 0 The French state has committed to guaranteeing €2 billion ($2.2 billion) in loans for businesses that are investing…
Featured Egyptian pound rises in parallel market Aya El Sayed Feb 5, 2024 0 The Egyptian pound (EGP) has seen a significant rise in value on the local black market for U.S. dollars (USD),…
Featured China’s Whitelist mechanism funds 1st property project Aya El Sayed Jan 31, 2024 0 A Chinese government-supported property project received a loan of 330 million yuan ($46 million) shortly after the…
Banks Türkiye’s Ziraat Bank gets $500 mln financing from China’s Eximbank Nada Ali Jan 8, 2024 0 Turkish state lender Ziraat Bank had secured two-tranche loan amounting $500 million from the Export-Import Bank of…
International News Egypt may receive more funds from IMF amid economic challenges Aya El Sayed Nov 19, 2023 0 Due to the economic impact of the Gaza crisis, the IMF is seriously considering a possible increase in the loan…
Banks Egypt’s CIB confirms taking a loan Aya Anwar Nov 19, 2023 0 The Egyptian Commercial International Bank (CIB) responded to the Egyptian Exchange (EGX) inquiring about the…
MENA News Saudi Arabia plans to raise $11bln syndicated loan Nada Ali Sep 17, 2023 0 Saudi Arabia's Ministry of Finance has appointed Industrial and Commercial Bank of China Ltd (ICBC) as coordinator…