Tencent in talks to obtain additional loan worth $2 billion
China's Tencent Holdings Ltd is seeking a loan of up to $2 billion, part of a flurry of fund-raising by the…
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World Bank says to provide Egypt with first $1 billion of $3 billion loan
The World Bank is to provide the first $1 billion tranche of a $3 billion loan to Egypt after parliament approves…
SFD-Egypt negotiating World Bank for $400 million loan
Egypt’s Social Fund for Development (SFD) is currently negotiating with the World Bank Group over two loans…
Emirates NBD signs $225mn loan for two Egyptian power projects
Emirates NBD Egypt signed a 2 billion Egyptian pounds ($225.25 million) loan with state-run Egyptian Electricity…
Egypt,WB to finalise $500mn agreement for southern development
Egypt's Ministry of International Cooperation will finalise a $500 million funding agreement with the World Bank…
Cabinet endorses $482mn-Japanese loan for Giza Grand Museum
Egyptian Cabinet approved Wednesday the request of heritage ministry to receive soft loan estimated at US$482…
GE to sell $1.4 billion U.S. hotel franchise loan portfolio
General Electric Co (GE.N) said it had agreed to sell GE Capital's U.S. hotel franchise loan portfolio to a unit of…
National Bank of Egypt mulls $225mn loan to support ports sector
National Bank of Egypt, the biggest state-owned bank, is studying arranging a 2 billion Egyptian pounds ($225.2…
Ethiopia inks $33m World Bank loan agreement
Ethiopia and the World Bank signed Thursday a 33 million US dollars loan. Ethiopian State Minister of Finance and…
Egypt endorses AMF’s $243.8mn loan to support national economy
Egyptian Cabinet has endorsed Wednesday a 59.16 million Kuwaiti dinars ($243.8 million) loan from the Arab Monetary…
