Saudi Arabia’s Alhokair seeks early repayment for Egypt mall loan
Marakez, a subsidiary of Saudi Fawaz Alhokair Group, is in talks with seven banks on paying off around 1.6 billion…
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loan
PACT Real estate secures EGP 120mn loan from Arab Investment Bank
Egypt's property developer PACT has recently acquired a loan from The Arab Investment Bank, at a total value of 120…
IMF: Kenya’s external position is strong, standby deal expires
The International Monetary Fund (IMF) considers that Kenya’s external position is strong, its representative in…
National Bank of Egypt inks $600 mln loan with China Development Bank
State-run National Bank of Egypt (NBE), one of the country’s biggest lenders, announced on Wednesday it had signed…
Telecom Egypt to get UAE banks-led $500 mln loan before year-end
Telecom Egypt, the country’s largest internet provider, will secure a loan of $500 million arranged by First Abu…
France’s AFD Oks €50 mln loan for Cairo Metro Line 1
France’s state development agency AFD approved on Sunday a loan of €50 million ($58 million) to finance…
Egypt’s Abu Qir Fertilizers hires NBE-led consortium for €133.6 mln loan
Egypt’s state-run Abu Qir Fertilizers and Chemicals Industries Company has mandated a banking consortium led by…
CBE Egypt receives Afreximbank’s $400mn loan to fund small businesses
The Central Bank of Egypt has received a $400 million 12-month loan from the African Export and Import Bank…
IMF praises Egypt’s economic reforms in 3rd review
In the third review of the country’s economic reform programme, which was published on Monday, the executive board…
Egypt to receive $2.02 bln IMF payment this month: FinMin
Egypt expects to receive a fourth payment, worth $2.02 billion, of a $12 billion IMF loan within this month, its…
