IFC provides Egypt’s PICO subsidiary with US$50mn Loan
The International Finance Corporation (IFC), a member of the World Bank Group, is securing a US$50 million loan to…
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Egypt’s ELAB approves $12mln-loan for Electricity Holding Company
Egyptian Arab Land Bank (EALB) will contribute US$ 12 million of US$ 521 million to the Egyptian Electricity…
Arab Fund secures KWD45 million Loan for Egypt’s Housing
Egypt’s Ministry of Housing has succeeded in securing a loan worth KWD45 million (1.2 billion Egyptian pounds) from…
World Bank opens up Housing Project to benefit 1.6 million Poor Egyptians
The World Bank Group’s Board of Directors approved Tuesday evening the Egypt Inclusive Housing Finance Programme.…
Arab African Bank approves Sino Tharwa’s $50mln-loan
The Arab African International Bank (AAIB) approves a loan worth US$50 million for an Egypt-based petroleum firm…
Japan Tobacco to buy U.S. e-cigarette Maker Logic Technology
Japan Tobacco said on Thursday it had agreed to buy Florida-based e-cigarette maker Logic Technology Development…
World Bank approves $500million-loan for Egypt Social Housing Scheme
World Bank Group has approved a five-year loan worth $500 million to finance Egypt's comprehensive social housing…
National Investment Bank secures EGP50 million for Egypt Railway Projects
The National Investment Bank (NIB) has disbursed another payment of loan worth 50 million Egyptian pounds (US$6.6…
Egypt in talks with Arab Fund over $150 million Loan, says Housing Minister
Egypt’s housing ministry is in ongoing talks with the Arab Fund for Economic and Social Development (AFESD) over…
Egypt Mortgage Finance to disburse $100mn of World Bank next March
The Egyptian Mortgage Financial Fund (MFF) is about to disburse the World Bank-funded third tranche worth US$100…