Egypt targets €350 mln from EIB to develop Cairo’s oldest metro line
An Economic Ministerial Committee headed by Egypt's Prime Minister Moustafa Madbouly has approved starting…
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BM Lease in talks over EGP 500 mln loan with four banks
Egypt's BM Lease Company is in negotiating with four local banks to borrow 500 million pounds, the firm’s CEO…
National Bank of Egypt gets $52.5 mln loan from Sanad Fund
SANAD Fund for MSME has granted a $52.5 million loan to National Bank of Egypt (NBE), the country's largest state…
Egypt agrees $3 bln financing deal with World Bank
Egypt has agreed a new $3 billion financing deal with the World Bank, its investment ministry said in a statement…
Egypt’s Banque du Caire in advanced talks for $30 mln loan
Egyptian state-run lender Banque du Caire is in advanced talks with a regional financial institution for a $30…
Saudi Arabia’s Alhokair fully pays off Egypt mall loan
Marakez, a subsidiary of Saudi mall developer Fawaz Alhokair, has fully paid off a 2 billion Egyptian pound ($111.7…
IMF team to visit Egypt this month for 4th scheme review
The International Monetary Fund said on Thursday a delegation will visti Egypt this month to complete fourth review…
Egypt receives final third of $1.5bn loan from African Development Bank
The final $500 million tranche was received by Egypt as part of a $1.5 billion African Development Bank (AfDB) loan…
IMF hikes Argentina bailout package to $57 billion
The International Monetary Fund (IMF) and Argentina announced on Wednesday an arrangement to increase resources…
World bank funds Egypt’s rural sanitation services with $300 mln loan
World Bank has approved a $300 million loan to complete Egypt’s Rural Sanitation Services Programme, expanding the…
