Financial Institutions Egypt expects to sign IMF deal before November 11; says CIB chairman Yomna Yasser Nov 6, 2016 0 The International Monetary Fund will give its final approval on Egypt’s $12 billion lending programme before…
Egypt News Egypt gets closer to IMF loan with China currency swap deal Noha Gad Oct 31, 2016 0 Egypt has reached a currency swap agreement with China valued at $2.7 billion, moving closer to meet the terms…
Financial Institutions IMF expects board to consider Egypt $12 billion loan within weeks Yomna Yasser Oct 30, 2016 0 The International Monetary Fund announced Thursday that a $12 billion loan programme for Egypt should soon be ready…
Financial Institutions Japan secures $460 million to finance Grand Egyptian Museum Yomna Yasser Oct 25, 2016 0 Egypt and Japan signed Monday financing agreements for the completion of the Grand Egyptian Museum, which will…
Financial Institutions Egypt PM expects signing IMF deal within two months Yomna Yasser Oct 25, 2016 0 Egypt hopes to obtain final approval for its $12 billion International Monetary Fund lending programme within two…
Banks National Bank of Egypt, EIB sign €500 SME loan Yomna Yasser Oct 23, 2016 0 The National Bank of Egypt, the biggest state lender in the country, has signed Sunday a €500 million ($544…
Financial Institutions Egypt to receive first $2.5 billion payout of IMF loan ‘in 15 days’ Yomna Yasser Oct 20, 2016 0 Egypt is set to receive the first $2.5 billion tranche of a $12 billion three-year loan facility from the…
Egypt News Egypt cannot afford to postpone the IMF loan: expert Noha Gad Oct 18, 2016 0 During his meeting with the editors-in-chief of national newspapers on Friday, President Abdel Fattah Al-Sisi…
Financial Institutions IMF loan deal means Egypt is able to pay it back: Sisi Yomna Yasser Oct 17, 2016 0 In his meeting with the editors-in-chief of national newspapers, Egyptian President Abdel Fattah al-Sisi said that…
EGX Cairo stocks close 0.82% higher cheered by IMF loan progress Yomna Yasser Oct 9, 2016 0 Egypt's stock market closed higher on Sunday as investors welcome news of progress toward the country obtaining the…