Financial Institutions IMF: Egypt to get $2.75 billion on Friday if board approves bailout Yomna Yasser Nov 10, 2016 0 The International Monetary Fund will disburse an initial $2.75 million loan tranche to Egypt on Friday assuming…
Banks IMF chief to urge board approve $12b Egypt loan Noha Gad Nov 9, 2016 0 International Monetary Fund (IMF) managing director Christine Lagarde said she would recommend the fund’s board…
Egypt News Egypt has secured $6 billion bilateral financing required for IMF loan Noha Gad Nov 8, 2016 0 Egypt has secured the $6 billion in bilateral financing required to secure a three-year, $12 billion IMF lending…
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…