World Bank’s 1st tranche of $3bn awaits parliament’s VAT act approval
The World Bank will provide the first $1 billion tranche of a $3 billion soft loan to Egypt after the parliament…
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AfDB delegation to visit Egypt 29 June on $1.5bn loan’s 2nd tranche
An African Development Bank (AfDB) delegation will visit Egypt during the period from June 29 until July 5,…
Egyptian property developer Medinet Nasr studies $113 million loan
Egyptian property developer Medinet Nasr is considering a 1 billion Egyptian pound ($113 million) loan in order to…
Sisi approves Russia’s $25 bln loan to build Egypt nuclear power plant
Egyptian President Abdel Fattah al-Sisi has endorsed a loan agreement signed months earlier between Cairo and…
Egypt’s Madinet Nasr reviews banking offers for $112.5 mln loan
Egypt’s Madinet Nasr Housing is studying some banking offers to receive a loan worth one billion Egyptian pounds…
World Bank’s Egypt loan rests on VAT act approval
World Bank will transfer a loan to Egypt when the country’s parliament approve the new value-added tax act, namely…
Four Egyptian banks brace for biggest ever loan to build 500k low-income homes
Four Egyptian banks will be arranging the biggest financing in the history of the country’s housing sector worth 20…
Egypt negotiating $500 loan from World Bank: minister
Egypt is negotiating a $500 million loan from the World Bank to help implement some of the country's developmental…
World Bank: Egypt always ‘committed’ to repay bank loans even in hardest times
When it comes to repay loans on time, Egypt has been always committed to pay the World Bank loans upon agreed…
Egypt delays international bond issuance, is not in talks with IMF
Egypt will delay an international bond issuance until at least the first half of fiscal year 2016/17 and has not…
