Featured World Bank approves $500m loan for Peru’s economic reforms Aya El Sayed Aug 11, 2024 0 The World Bank approved a US$500 million loan to support Peru in enhancing its fiscal policy and economic…
Featured EU court rejects Ryanair appeal over state aid to Austrian Airlines Aya El Sayed Jul 29, 2024 0 Europe's top court rejected Ryanair's appeal against a €150 million ($162.6 million) subordinated loan given by…
Featured EIB funds DEPA’s solar parks with €390m loan Aya El Sayed Jul 24, 2024 0 Greece’s largest gas supplier, DEPA Commercial, has secured a €390 million ($423.19 million) loan from the European…
Featured G7 agrees on $50b Ukraine loan from frozen Russian assets Aya El Sayed Jun 13, 2024 0 Negotiators at the Group of Seven (G7) summit have reached a provisional agreement on a $50 billion loan to…
Banks Banque du Caire injects over EGP1 b for micro enterprise loan product Aya El Sayed Mar 14, 2024 0 Banque du Caire revealed on Thursday that it had secured more than a billion Egyptian pounds for Engaz loan for…
Money France’s €2B bet on climate change solutions Aya El Sayed Feb 8, 2024 0 The French state has committed to guaranteeing €2 billion ($2.2 billion) in loans for businesses that are investing…
Featured Egyptian pound rises in parallel market Aya El Sayed Feb 5, 2024 0 The Egyptian pound (EGP) has seen a significant rise in value on the local black market for U.S. dollars (USD),…
Featured China’s Whitelist mechanism funds 1st property project Aya El Sayed Jan 31, 2024 0 A Chinese government-supported property project received a loan of 330 million yuan ($46 million) shortly after the…
Banks Türkiye’s Ziraat Bank gets $500 mln financing from China’s Eximbank Nada Ali Jan 8, 2024 0 Turkish state lender Ziraat Bank had secured two-tranche loan amounting $500 million from the Export-Import Bank of…
International News Egypt may receive more funds from IMF amid economic challenges Aya El Sayed Nov 19, 2023 0 Due to the economic impact of the Gaza crisis, the IMF is seriously considering a possible increase in the loan…