Egypt, Chinese commercial bank ICBC sign $3 bln loan deal
Egypt signed on Sunday a $3 billion loan with the Industrial and Commercial Bank of China (ICBC) to design and…
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Egypt’s Sisi Oks Kuwaiti loan deal on to develop Sinai
Egyptian President Abdel Fattah al-Sisi issued decree No.224 of 2018, which contains approval on the loan agreement…
IMF official says Egypt economy grew 5.5% in two years
Egypt has made significant progress as the economy grew 5.5 percent in two years, said a senior International…
IMF mission to visit Egypt in May to discuss final review of loan
An International Monetary Fund mission will visit Egypt in May to conduct its final review of the country’s…
Egypt expects new tranche of World Bank mortgage loan in June
Egypt’s Mortgage Finance Fund (MFF) expects to receive a new instalment of its $1 billion World Bank loan programme…
Egypt to receive final IMF tranche soon as reforms near completion
Egyptian officials said they are expecting to receive the final tranche of a $12 billion International Monetary…
Exclusive: Shares of banks in Egypt’s Canal Sugar loan
A consortium of six banks agreed on Sunday to provide Egypt’s Canal Sugar a bridge loan worth a total of $169…
IMF praises Egypt’s economy after allowing 5th loan tranche
International Monetary Fund (IMF) praised on Wednesday Egypt’s economic indicators after it completed its fourth…
IMF’s Lagarde to recommend approval of Egypt’s next loan tranche
International Monetary Fund Managing Director Christine Lagarde said on Friday that she will recommend that the…
Egypt expects 5th tranche of IMF loan in January/early February
Egypt expects to receive the fifth tranche of its $12 billion loan from the International Monetary Fund (IMF) in…