National Investment Bank studies $157.6 mln loan for Egypt railway authority
State-run National Investment Bank of Egypt (NIB) is studying securing finances worth 1.4 billion Egyptian pounds…
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Egypt receives first tranche of Saudi Arabia’s Sinai loan
Egypt has received Sunday the first tranche worth $300 million of Saudi Arabia’s Sinai development loan, Egyptian…
Heliopolis Housing in talks over 388 mln Egyptian pound credit facility
Egypt’s Heliopolis Company for Housing and Development is negotiating with a number of banks and leasing firms to…
Egypt FinMin, CBE governor in Washington for new round of IMF talks
Egypt’s central bank governor Tarek Amer and Minister of Finance Amr el-Garhy are conducting a new round of loan…
CBE provides 10-year interest-free loan to 3 major banks
The Central Bank of Egypt (CBE) on Wednesday provided an interest-free loan to three major banks, including the…
Parliament endorses Japan’s JICA $111mn-loan for Hurghada solar plant
Egyptian parliament approved Tuesday the presidential decree no. 285 for 2016 in regards to a 11.2 billion yen…
Egypt’s first tranche of IMF finance worth $4 bln, delivered in 2 installments
The $12 billion loan facility that the International Monetary Fund has preliminarily agreed to provide for Egypt…
Egypt’s political parties, figures sign petition asking al-Sisi to suspend IMF loan
Several political entities, parties, and figures sent a signed petition to President Abdel Fattah al-Sisi to…
IMF deal a ‘lifeline’ for Egypt but long-term impact unclear: economists say
Egypt and the International Monetary Fund announced Thursday that they had agreed on an initial financing accord,…
IMF deal a ‘lifeline’ for Egypt but long-term impact unclear: economists say
Egypt and the International Monetary Fund announced Thursday that they had agreed on an initial financing accord,…