IMF has not imposed conditions on loan package- Egypt’s Finance
The International Monetary Fund (IMF) has not imposed any preconditions on Egypt in order to implement a mooted $12…
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Egypt negotiating $500 mln World Bank loan for major agriculture project
Egypt is negotiating a $500 million loan from the World Bank to help finance the country’s national project to…
Egypt to repay each tranche of proposed $12 bln IMF loan over five years
Egypt must repay each tranche of any loan it receives from the International Monetary Fund over five years,…
Egypt says expects to get at least $2 bln in 2 months of agreeing IMF loan
Egypt expects to get at least $2 billion within two months of agreeing a three-year $12 billion loan programme with…
IMF mission to start loan talks with Egypt next July 30
An International Monetary Fund (IMF) staff mission will pay an official visit to Cairo starting next July 30 to…
US dollar takes a step backward by 50pst following announcement of IMF loan
The US dollar lost over 50 piastres of its value against the Egyptian pound on the informal market on Wednesday…
IMF loan will bolster international confidence in Egypt’s economy: Sisi
Egyptian President Abdel-Fattah El-Sisi said Wednesday that a loan deal Egypt may secure with the International…
Egypt signs OFID’s $40 mln small and micro-business loan
Egyptian government has signed Monday a $40 million loan with the OPEC Fund for International Development (OFID) to…
Telecom Egypt in loan talks to fund 4G licence: sources
Telecom Egypt, the country's state-owned landline monopoly is in talks with banks over a 5 billion Egyptian pound…
Two banking consortia to offer Egypt’s Medinet Nasr $168.8 mln loan in days
Egyptian property developer Medinet Nasr will receive this week two offers from two banking consortia competing to…
