EXCLUSIVE: share of 9 banks in Egypt’s EGAS loan
A consortium of nine Egyptian and Arab banks has completed arranging a loan worth 1.8 billion Egyptian pounds…
Browsing Tag
loan
AfDB disburses second $500 million loan tranche to Egypt
The African Development Bank (AfDB) has disbursed a $500 million loan to Egypt, the bank's representative in Cairo,…
IFC loans AAIB bank $100 million to support Egypt SMEs, energy projects
The International Finance Corporation (IFC), a member of the World Bank Group, has provided a $100 million loan to…
European markets seen lower after Trump’s health-care setback
European markets are expected to open lower on Monday morning as investors adopt a cautious tone on the back of…
Egypt negotiating third tranche of $3 billion World Bank loan: minister
Egypt is negotiating the third and final $1 billion tranche of a $3 billion World Bank loan to support a government…
Egypt expects to get second tranche of IMF loan in May or June: FinMin
Egypt expects to receive the second tranche of a $12 billion International Monetary Fund loan in May or June, the…
Bank Audi Egypt, European Investment Bank sign MOU for $30mn-loan
Bank Audi Egypt signed a memorandum of understanding (MOU) with the European Investment Bank to obtain a loan of…
European markets close slightly higher
European stocks closed slightly higher on Wednesday as investors digested corporate earnings as well as fresh…
Egypt’s banks cleared to repatriate foreign firms’ long-held profits
Egyptian banks are set to allocate about a quarter of their excess hard currency to foreign firms seeking to…
Sisi UK’s Johnson finalise $150mn loan to Egypt
Egyptian President Abdel Fattah al-Sisi and British Foreign Secretary Boris Johnson finalised a joint declaration…