Finance Minister announces terms of IMF loan agreement
Minister of Finance Amr El-Garhy announced the terms of the loan agreement with the International Monetary Fund…
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Egypt negotiating $300 million financing packages from AfDB
Egypt is negotiating financing packages worth $300 million from the African Development Bank (AfDB) to be signed in…
Crédit Agricole Egypt approves $30 million loan from its French parent
Crédit Agricole Egypt's annual general meeting of shareholders has approved a $30 million loan from the French…
Egypt signs BNP Paribas-led $650 million loan for two power plants
Egypt’s state-run Egyptian Electricity Holding Co. has signed Wednesday a $650 million loan agreement with BNP…
World Bank to loan Iraq $1.5bn to cope with ISIS, low oil prices
The World Bank has approved a new loan of $1.485 billion to help Iraq lessen the impact of low oil prices on its…
World Bank board approves second $1 bln tranche of $3 billion loan to Egypt
The World Bank's board of executive directors approved Tuesday a second $1 billion disbursement of a $3 billion…
World Bank board to vote Tuesday on Egypt’s $1bn second tranche: minister
The World Bank’s board will vote Tuesday on sending Egypt the second tranche worth $1 billion of a budget support…
Egypt signs AfDB $500 million second tranche deal
Egypt has signed Monday a deal to obtain a payment of $500 million from the African Development Bank (AfDB), the…
Banque Misr inks $500 mln loan MoU with Chinese lender
Egypt's second-largest bank, the state-owned Banque Misr has signed a memorandum of understanding with the…
AfDB approves $500 million second tranche to Egypt: minister
The African Development Bank’s (AfDB) board has approved Tuesday payment of a $500 million to Egypt, the second of…
