ADIB Capital secures €40 million for Egypt’s Electricity Holding
ADIB Capital, the investment banking arm of the Abu Dhabi Islamic Bank (ADIB) Egypt, has secured €40 million ($43.8…
Browsing Tag
loan
IMF seen delivering Egypt second tranche of $12 bln in second half of June
Egypt expects to receive the second tranche of its loan from the International Monetary Fund within the second half…
Sisi approves Japanese loan worth $460 mln for Grand Egyptian Museum
Egyptian President Abdel Fattah al-Sisi has approved a Japanese loan worth 49.4 billion yen (US$460 million) to…
IMF to disburse another $1.2 bln loan to Egypt in six weeks ahead of review
The International Monetary Fund will disburse another $1.2 billion to Egypt out of its $12 billion loan within six…
Egypt’s foreign reserves jump to $28.641 bln by end-April
Egypt's foreign reserves edged up to $28.641 billion at the end of April from $28.5 billion at the end of March,…
Egypt may receive second tranche of IMF loan in June: minister
The International Monetary Fund is likely to release the second tranche of a $12 billion loan by June, Minister of…
Egypt to get third $1 billion World Bank loan tranche in December: official
The World Bank is expected to provide the third and final $1 billion tranche of its $3 billion budget support to…
IMF mission to start talks today in Egypt amid interest rates debate
An International Monetary Fund team will start on Sunday its first review of Egypt’s $12 billion loan accord, with…
IMF delegation to visit Egypt Sunday to review economic reform updates
A delegation from the International Monetary Fund (IMF) will arrive in Egypt on Sunday to review progress on its…
Egypt expects to finalise IMF loan’s third tranche in four months
Egypt expects to finalise the third tranche of a $12 billion International Monetary Fund loan in four months,…