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…
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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…
Kuwait Fund signs $108mn loan for Egypt’s South Helwan power project
Egypt has signed Tuesday a 30 million Kuwaiti dinars (around $108 million) loan with the Kuwait Fund for Arab…
Egypt signs $3.1 billion loan deals with South Korea
Egypt has signed Thursday four memoranda of understanding and one agreement totalling $3.1 billion with South…
Cabinet endorses EIB’s $600mn-loan for Egypt’s Damanhour power plant
Egyptian Cabinet endorsed Wednesday the draft of President Abdel Fattah al-Sisi's decree on the $600 million-loan…
Egypt’s foreign reserves slightly rise in January for fourth month in row
Egypt’s foreign currency reserves inched up in January for the fourth consecutive month, to reach $16.477 billion…
Banque Misr to receive China Development Bank’s $100mn loan in February
Egypt's second-largest state lender, Banque Misr, is expecting to receive a $100 million loan from China…
World Bank reveals details on Egypt’s $3 billion loan
The World Bank revealed Saturday details of its $3 billion loan to the Egyptian government which entail reducing…
World Bank’s IFC provides up to $50m to NBK-Egypt
The IFC, a member of the World Bank Group, provided a loan of up to $50m to the National Bank of Kuwait-Egypt…