IMF approves Egypt to draw final $2 bln from $12 bln loan
The International Monetary Fund (IMF) on Wednesday said its board completed the fifth and final review of Egypt’s…
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IMF to vote on final loan disbursal to Cairo on July 24 – Egypt PM
The International Monetary Fund (IMF) will vote on the disbursement of the final $2 billion tranche of a $12…
Egypt hikes natural gas prices for homes by 34% in IMF-backed scheme
Egypt said on Friday it was raising the price of natural gas for home and commercial use by 20-34 percent, the…
EIB offers Egypt €1.2 million for second Cairo metro line
The European Investment Bank (EIB), the EU's lending institution, is offering a €1.2 million ($1.4 million) to…
Majid Al Futtaim’s Egypt unit secures EBRD $200 mln loan
The Egyptian unit of UAE-based Majid Al Futtaim Holding (MAF) has secured a 200 million Egyptian pounds ($12…
Egypt’s SAIBBank lead arranger for EGP 750 mln Kharafi National loan
Egypt’s Societe Arab Internationale de Banque (SAIBBank) is leading Kharafi National’s medium-term financing worth…
Egypt’s Sisi approves KWD 70mn loan deal for Bahr el Baqar drainage system
Egypt's President Abdel Fattah al-Sisi issued decree no. 507/2018 approving a loan agreement between the government…
Egypt pays $406 mln debt to Afreximbank: central bank
Egypt paid back $406 million of debt to the African Export-Import Bank (Afreximbank) at the end of May, the central…
IFC to provide $20 million loan to Egypt’s Edita
The International Finance Corporation (IFC), the World Bank’s private-sector lending arm, signed a $20 million…
Egypt’s Housing Minister: $3 bln Chinese loan to execute new capital project
The first payment of a loan from the Industrial and Commercial Bank of China (ICBC) to design and establish a…