Money EIB offers Egypt €1.2 million for second Cairo metro line Marwa himdan Jul 3, 2019 0 The European Investment Bank (EIB), the EU's lending institution, is offering a €1.2 million ($1.4 million) to…
Money Majid Al Futtaim’s Egypt unit secures EBRD $200 mln loan Ahmed Ali Jul 3, 2019 0 The Egyptian unit of UAE-based Majid Al Futtaim Holding (MAF) has secured a 200 million Egyptian pounds ($12…
Money Egypt’s SAIBBank lead arranger for EGP 750 mln Kharafi National loan Ahmed Ali Jul 2, 2019 0 Egypt’s Societe Arab Internationale de Banque (SAIBBank) is leading Kharafi National’s medium-term financing worth…
News Egypt’s Sisi approves KWD 70mn loan deal for Bahr el Baqar drainage system Amwal Al Ghad English Jun 10, 2019 0 Egypt's President Abdel Fattah al-Sisi issued decree no. 507/2018 approving a loan agreement between the government…
Money Egypt pays $406 mln debt to Afreximbank: central bank Ahmed Ali Jun 2, 2019 0 Egypt paid back $406 million of debt to the African Export-Import Bank (Afreximbank) at the end of May, the central…
Money IFC to provide $20 million loan to Egypt’s Edita Amwal Al Ghad English Jun 2, 2019 0 The International Finance Corporation (IFC), the World Bank’s private-sector lending arm, signed a $20 million…
Featured Egypt’s Housing Minister: $3 bln Chinese loan to execute new capital project Amwal Al Ghad English Apr 30, 2019 0 The first payment of a loan from the Industrial and Commercial Bank of China (ICBC) to design and establish a…
Money Egypt, Chinese commercial bank ICBC sign $3 bln loan deal Amwal Al Ghad English Apr 29, 2019 0 Egypt signed on Sunday a $3 billion loan with the Industrial and Commercial Bank of China (ICBC) to design and…
Featured Egypt’s Sisi Oks Kuwaiti loan deal on to develop Sinai Amwal Al Ghad English Apr 18, 2019 0 Egyptian President Abdel Fattah al-Sisi issued decree No.224 of 2018, which contains approval on the loan agreement…
Money IMF official says Egypt economy grew 5.5% in two years Dina Abdel Fattah Apr 13, 2019 0 Egypt has made significant progress as the economy grew 5.5 percent in two years, said a senior International…