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…
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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…
AfDB to send Egypt $500 mln final tranche in January
Egypt to receive the third and final $500 million tranche of a $1.5 billion African Development Bank (AfDB) loan in…
Saudi outperforms but insurer MedGulf hit by regulator warning
The banking sector helped the Saudi Arabian stock index outperform the region in early trade on Wednesday, but…
AfDB delegation in Egypt ahead of review for final loan payout
A high-level delegation from the African Development Bank (AfDB) has arrived in Egypt to prepare for a review…
AfDB says Egypt investments record $1.9 billion since 2015
The African Development Bank (AfDB) has so far invested $1.9 billion in Egypt as part of the three-year country…
Banks offer €133 mln loan to Egypt’s Abu Abu Qir Fertilizers
Six banks are putting together a financing offer of €133 million ($158.7 million) for Egypt’s state-run major…
South African Bidvest Wits unveils Egypt’s Ahly loanee Amr Gamal
Egyptian striker Amr Gamal has been unveiled as the new signing of South Africa's Bidvest Wits on a loan deal from…
AfDB team in Cairo next September to receive final disbursal of $1.5bn loan
An African Development Bank (AfDB) delegation will arrive in Cairo next September for a mid-term review required…