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…
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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…
Egypt to seize new tranche from World Bank’s $550mn sewage loan before next June
Egypt will attain a new tranche worth $100 million out of the World Bank’s $550 million loan to execute a sewage…
Exclusive: Shares of 5 banks in two Egyptian state-run oil firms’ loan
A consortium of five Egyptian banks signed last week a financing agreement worth 4 billion Egyptian pounds ($225.8…
EBRD loans $52 million to support Chinese investment in Egypt
The European Bank for Reconstruction and Development (EBRD) has secured a $52 million loan to Angel Yeast Egypt, a…
Egyptian tax revenues rise 61% in H1 of FY2017/18
Egypt's tax revenues rose by 61 percent year-on-year during the first half of financial 2017/2018 that began in…
Remittances from Egyptian expats surge 29.3% in December 2017: CBE
Remittances from Egyptians abroad increased by 29.3 percent year-on-year in December 2017 to $2.6 billion, up…
ERBD plans a $200 mln funding for Egypt’s Suez Petroleum
The European Bank for Reconstruction and Development (EBRD) is planning to secure a $200 million loan for Egypt's…
Egypt sees new tranche from World Bank’s $500mn social housing loan in June
Egypt’s Mortgage Finance Fund (MFF) says it expects to attain a new tranche ranging between $50 million and $60…