Lagarde: Egypt has to do more on exchange rate, subsidies files to seal $12bn deal
Egypt has “almost completed” the actions required for International Monetary Fund’s $12 billion loan, but some…
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Egypt expects to sign $12 billion IMF loan deal ‘within few weeks’
Egypt is expected to have the final approval of the International Monetary Fund’s three-year $12 billion lending…
World Bank to provide Egypt with second $1 billion of $3 billion loan in 4 months
The World Bank has approved to provide the second $1 billion tranche of a $3 billion loan to Egypt within three to…
IMF to discuss Egypt $12 bln loan at future board meeting, not this week
The International Monetary Fund (IMF) is set to discuss Egypt's $12 billion loan programme at an executive board…
Egypt central bank chief chairs delegation to IMF annual meetings
Egyptian central bank governor Tarek Amer is heading his country’s high-level delegation to the annual meetings of…
World Bank approves $1 bln for Egypt fiscal balances, energy reforms
World Bank has approved a $1 billion loan to Egypt to improve its fiscal balances and support reforms in energy…
World Bank offers $500m for Upper Egypt development
A new $500 million World Bank loan will help create jobs in Upper Egypt by enhancing the business climate and…
KIMA denies receiving Egypt Chemical Industries Holding’s loan
Egyptian Chemical Industries -KIMA (EGCH.CA) said it had not received a new loan worth of 300 million Egyptian…
Misr Emirates Takaful Life studies two funding options to buy a property
Egypt’s Misr Emirates Takaful Life Insurance (METLICO) is studying two funding mechanisms to buy a property where…
Egypt negotiating $4 bln loan from China for its renewable energy strategy
Egypt is currently negotiating a $4 billion loan from China to finance the country’s renewable energy strategy, an…
