Financial Institutions Egypt signs OFID’s $40 mln small and micro-business loan Yomna Yasser Jul 25, 2016 0 Egyptian government has signed Monday a $40 million loan with the OPEC Fund for International Development (OFID) to…
Tech news Telecom Egypt in loan talks to fund 4G licence: sources Yomna Yasser Jul 21, 2016 0 Telecom Egypt, the country's state-owned landline monopoly is in talks with banks over a 5 billion Egyptian pound…
Banks Two banking consortia to offer Egypt’s Medinet Nasr $168.8 mln loan in days Yomna Yasser Jul 11, 2016 0 Egyptian property developer Medinet Nasr will receive this week two offers from two banking consortia competing to…
Tech news Uber raises $1.15 billion leveraged loan Ghada Ismail Jul 9, 2016 0 Uber Technologies Inc. has secured a $1.15 billion leveraged loan, a person familiar with the matter said on…
Banks Egypt’s Pyramisa negotiating AED40 mln AAIB loan for Dubai project Yomna Yasser Jul 4, 2016 0 Egypt’s Pyramisa Hotels and Resorts announced Monday ongoing talks to obtain around AED 40 million ($11 million)…
Banks World Bank approves $130 mln loan installment for Egypt two social schemes Yomna Yasser Jun 29, 2016 0 The World Bank Group has approved to provide the second $130 million tranche of a loan designated to support…
Financial Institutions IMF says has not received loan request from Egypt, ‘stands ready’ to help Yomna Yasser Jun 28, 2016 0 The International Monetary Fund said on Monday it had not received any financing request from Egypt but stood ready…
Banks Egypt central bank chief claims report on IMF loan ‘incorrect’ Yomna Yasser Jun 27, 2016 0 “The figures quoted concerning a loan from the International Monetary Fund (IMF) are incorrect,” Egypt's central…
Financial Institutions IMF mission seen in July as Egypt starts $5 bln loan talks: minister Yomna Yasser Jun 27, 2016 0 A delegation from the International Monetary Fund (IMF) is expected to visit Egypt next June to resume talks over a…
Banks Egypt hopes to receive AfDB’s $500 mln second tranche in September Yomna Yasser Jun 20, 2016 0 Egypt hopes to receive the second tranche of the African Development Bank (AfDB)’s loan next September at maximum,…