Minister: Egypt to sign contracts for Dabaa nuclear power plant at end-2017
Egypt Electricity Minister Mohamed Shaker said Tuesday that the Dabaa nuclear power plant contract signing would…
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Banque Du Caire may pump €35 mln into Suez Canal and railway loans
Banque Du Caire, one of Egypt’s largest and oldest public banks, is considering spending between €30 million and…
Egypt’s NBE bank seeks Kfw, EIB loans of up to €800 mln
National Bank of Egypt (NBE), the country's largest state bank, is negotiating loans worth €800 million ($941.1…
IMF delegation in Cairo next week to review third loan instalment
A delegation from the International Monetary Fund (IMF) will arrive in Cairo next Tuesday for a review required…
Egypt’s AAIB bank signs SME loan deal with EBRD: sources
Egypt’s Arab African International Bank has signed a financing deal with European Bank for Reconstruction and…
Qatar National Bank’s 2017 loan growth seen rise of 12-14%
Qatar National Bank (QNB), the largest lender in the Middle East and Africa by assets, is expecting loan growth of…
World Bank and Egypt discuss disbursement of final $1bn tranche of loan
Egyptian government officials held talks with the World Bank on Tuesday to discuss the accelerated disbursement of…
Saudi Fund for Development investments in Egypt hit $2.5 bln: minister
The Saudi Fund for Development has so far invested around $2.5 billion in 23 ongoing projects in Egypt, investment…
Egypt expects $2bn IMF loan installment next month: minister
Egypt’s Finance Minister, Amr al-Garhy, anticipates the country will receive another installment of the…
Egypt’s Suez Canal negotiating €300 mln loan from two state-run banks
Egypt’s Suez Canal Authority is negotiating a €300 million ($352 million) loan from two state-run banks to buy two…
