Egypt’s monorail scheme loan upped to $822mn
A banking consortium has raised its offer to finance the monorail project by 1.3 billion Egyptian pounds, a source…
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Egypt to receive $3 billion loan from World Bank: finance minister
Egypt is to receive a $3 billion loan from the World Bank in instalments over the next three years to support the…
Arab Monetary Fund grants Egypt $339mn-loan
The Arab Monetary Fund (AMF) has signed an agreement with Egypt to provide new loan worth Dinar 78.880 million (US$…
Sisi endorses EBRD’s €55million-loan for Egypt’s sanitation
President Abdel Fattah al-Sisi endorsed Thursday the €55 million-loan provided by the The European Bank for…
Egyptian Arab Land Bank participates in $521mn-loan for Egypt Electricity
Egyptian Arab Land Bank has approved participating with US$20 million in a US$521 million-loan for the Egyptian…
ACWA Power seeks $150m-loan to finance new energy projects
Saudi Arabia-based ACWA Power targets negotiating over US$150 million loan to fund two projects to generate power…
Bank Audi-Egypt, EIB, EBRD start dollar liquidity talks
Bank Audi SAE, the eighth largest commercial bank in Egypt, is in ongoing talks with some European banks to secure…
Global Lease in talks over $102m loan with 8 Banks
The newly-launched Global Lease Company is negotiating with eight banks for funds worth 800 million Egyptian pounds…
Sisi endorses Japan’s $46m-loan for a Water Project
President Abdel Fattah al-Sisi approved Thursday a loan worth 5.854 billion yen (US$46.5million) provided by Japan…
International Cooperation, South Korea talk over $115m Loan
Egypt’s Minister of International Cooperation Nagla Al-Ahwani is currently holding talks with the South Korean…