Tech/AI EgyptAir aims to get new loan from two Egyptian banks – CEO Amwal Al Ghad English Jun 9, 2020 0 State-owned carrier, EgyptAir is negotiating with the National Bank of Egypt and Banque Misr to obtain an 3 billion…
Money Egypt, IMF reaches staff-level agreement over $5.2 billion standby loan Amwal Al Ghad English Jun 5, 2020 0 Egypt is a step closer to receiving a $5.2 billion standby loan that will help it cope with the coronavirus…
Featured $127.9mn loan to help EgyptAir through coronavirus crisis – ministry Amwal Al Ghad English May 18, 2020 0 Egypt’s government will lend the state-owned carrier EgyptAir 2 billion Egyptian pounds (equivalent to $127.39…
Money Egypt to repay $2.77 billion IMF loan over 5 years – mission chief Amwal Al Ghad English May 14, 2020 0 Egypt will repay a $2.77 billion Rapid Financing Instrument (RFI) loan from the International Monetary Fund over…
Money Banque du Caire signs $100 million loan deal with EIB to finance SMEs Amwal Al Ghad English May 12, 2020 0 Egypt’s state-run bank, Banque du Caire (BDC) announced on Monday it had signed a $100 million loan agreement with…
Money Banque Misr approves EGP 1 billion loan for Sawiris’ ZED flagship Ahmed Ali May 11, 2020 0 Egypt’s Banque Misr has approved on Sunday a 1 billion Egyptian pound ($63.5 million) loan in favour of Naguib…
Money Exclusive: Shares of banks in Egypt’s Madinet Nasr for Housing loan Ahmed Ali May 10, 2020 0 A consortium of three banks agreed on Thursday to provide Egypt’s Madinet Nasr for Housing and Development (MNHD) a…
Money IMF to consider Egypt’s rapid financing loan request on May 11 Ahmed Ali May 7, 2020 0 The executive board of the International Monetary Fund (IMF) is due to meet on May 11 to consider Egypt’s request…
Money Egypt’s SODIC unit secures CIB medium-term loan facility Maha Essam Dec 29, 2019 0 Egyptian property developer SODIC said on Sunday its subsidiary SOREAL signed a medium-term loan facility agreement…
Money Egypt’s Banque Misr mandated lead arranger for Beshay Steel loan mohamed Hamdy Dec 25, 2019 0 Egypt’s Banque Misr said on Monday it took part in a syndicated loan facility worth 2.9 billion Egyptian pounds…