BREAKING: IMF releases staff report on Egypt’s $12 billion loan deal
The International Monetary Fund (IMF) has released Wednesday in an online conference the staff report and documents…
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Egypt negotiating $60 mln supplementary loan from Kuwait Fund
Egypt is negotiating a $60 million supplementary loan from the Kuwait Fund for Arab Economic Development (KFAED) to…
Administrative court refers lawsuit to suspend IMF loan to commissioners body
An administration court referred on Tuesday a lawsuit calling for the suspension of the $12 billion loan agreement…
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…
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…