Egyptian Arab Land Bank secures 200 mln pounds to Al Morshedy’s Project
State-owned Egyptian Arab Land Bank (EALB) has signed a 200 million Egyptian pounds loan in favour of Memaar…
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Egypt signs third $500 mln tranche of $1.5 bln AfDB loan
Egypt has signed an agreement for a third $500 million tranche of a $1.5 billion loan package from the African…
Tourism Holding Co in loan talks with Bank Audi, NBE
The Holding Company for Tourism and Hotel is in talks with Bank Audi and the National Bank of Egypt to secure…
EG-Bank pumps 150 mln pounds in Rooya Group and Egyptian Railways loans
Egyptian Gulf Bank-EG-Bank has approved pumping 150 million Egyptian Pounds ($8.4 million) in both Rooya Group and…
Latest IMF $2bn disbursement to be used to reduce Egypt’s budget deficit: CBE
The latest $2 billion loan disbursement from the International Monetary Fund (IMF), which is set to be delivered…
Egypt to receive $2 bln as part of IMF loan in June or July: government official
Egypt is set to receive $2 billion in the fourth disbursal from a $12 billion International Monetary Fund loan in…
IMF endorses first installement in second tranche of $12 bln loan to Egypt
The International Monetary Fund (IMF) approved the first batch – worth $2.3 billion – of the second tranche of a…
Russia to start building Egypt’s first-ever nuclear power plant at Dabaa
After two years of talks Russia and Egypt this week finally signed notices to proceed allowing Rosatom to build…
Foreign investment in Egyptian securities rises to $19 billion: minister
Foreign investment in Egyptian securities hit $19 billion as of December 6 since the flotation of the pound…
Egypt signs $1.15 billion World Bank loan to boost economy
Egypt on Friday signed a deal with the World Bank for a $1.15 billion development policy loan to fund the…