IMF OKs 4th tranche of Egypt’s $12 bln loan
Egypt received the approval of the International Monetary Fund (IMF) on Friday for its fourth tranche of its $12…
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Egypt’s Cabinet approves $200 mln EBRD energy efficiency loan
Egypt’s government approved on Wednesday a $200 million loan deal signed with the European Bank for Reconstruction…
Telecom Egypt inks $200mn financing deal with China
Egypt’s state-run Telecom Egypt (TE) said Wednesday it had signed a $200 million financing agreement with a number…
IMF delegation arrives in Cairo to review economic reform progress
International Monetary Fund's (IMF) delegation arrived late Friday in Cairo on a visit that aims to review Egypt's…
National Bank of Egypt plans to raise $600 mln club loan: Reuters
National Bank of Egypt, the country’s largest state-owned lender by assets, is putting together a group of lenders…
Bank ABC may inject $100 mln in Egyptian electricity sector loan
ABC Bank Egypt says it may contribute $100 million, in cooperation with its parent Bank ABC, to an anticipated…
CAPMAS reports 13.3% fall in Egypt’s annual urban inflation last March
The Central Agency for Public Mobilization and Statistics (CAPMAS) reported a decrease in the annual urban…
Orange reaches new loan deal with 8 Egyptian banks
Orange Egypt, part of French telecom giant, announced Thursday reaching an agreement with a consortium of eight…
Egyptian National Railways to develop 1,000 level crossing soon
Egyptian National Railways Authority (ENR) plans to develop about 1,000 level crossing, at a total cost exceeding…
ADIB arranges 1 bln pounds loan for Al-Marasem International for Development
Abu Dhabi Islamic Bank arranging one billion Egyptian pounds loan in favor of Marasem International for Urban…
