Banks EG-Bank pumps 150 mln pounds in Rooya Group and Egyptian Railways loans aya salah Dec 30, 2017 0 Egyptian Gulf Bank-EG-Bank has approved pumping 150 million Egyptian Pounds ($8.4 million) in both Rooya Group and…
Banks Latest IMF $2bn disbursement to be used to reduce Egypt’s budget deficit: CBE Yomna Yasser Dec 25, 2017 0 The latest $2 billion loan disbursement from the International Monetary Fund (IMF), which is set to be delivered…
Financial Institutions Egypt to receive $2 bln as part of IMF loan in June or July: government official Yomna Yasser Dec 23, 2017 0 Egypt is set to receive $2 billion in the fourth disbursal from a $12 billion International Monetary Fund loan in…
Banks IMF endorses first installement in second tranche of $12 bln loan to Egypt aya salah Dec 21, 2017 0 The International Monetary Fund (IMF) approved the first batch – worth $2.3 billion – of the second tranche of a…
Industry & Trade Russia to start building Egypt’s first-ever nuclear power plant at Dabaa Yomna Yasser Dec 14, 2017 0 After two years of talks Russia and Egypt this week finally signed notices to proceed allowing Rosatom to build…
Financial Institutions Foreign investment in Egyptian securities rises to $19 billion: minister Yomna Yasser Dec 12, 2017 0 Foreign investment in Egyptian securities hit $19 billion as of December 6 since the flotation of the pound…
Banks Egypt signs $1.15 billion World Bank loan to boost economy Yomna Yasser Dec 9, 2017 0 Egypt on Friday signed a deal with the World Bank for a $1.15 billion development policy loan to fund the…
Banks Foreign reserves increase to $36.723bn by end-November: Egypt’s c.bank Yomna Yasser Dec 6, 2017 0 Egypt's foreign reserves increased to $36.723 billion by end of November, up from $36.703 in October, the Central…
Banks World Bank approves $1.15 bln loan to Egypt to support economy Yomna Yasser Dec 6, 2017 0 World Bank Group said its executive board approved on Tuesday a $1.15 billion development policy loan for Egypt to…
Financial Institutions Egyptians to start feeling effects of economic reforms in 2018: IMF Yomna Yasser Nov 28, 2017 0 International Monetary Fund (IMF) mission chief for Egypt Subir Lall said on Sunday that Egyptians will start…