Egypt’s Suez wind project wins 2 regional deal awards
Egypt’s Ministry of Planning, Economic Development and International Cooperation announced that the 1.1-gigawatt…
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OPEC Fund for International Development
Egypt’s Al-Mashat, OPEC Fund eye closer cooperation to drive private sector growth
Egypt’s Minister of International Cooperation Rania Al-Mashat met with Tareq Alnassar, Assistant Director-General…
OPEC Fund offers $10mln to support food security in Egypt
The OPEC Fund for International Development offered $10 million to support food security in Egypt on Tuesday.
Saudi ACWA Power secures $123 mln to construct solar project in Egypt
Saudi Arabian utility developer ACWA Power announced on Wednesday that it has successfully secured a $123 million…
OPEC fund grants $50m to AFC to develop infrastructure
The OPEC Fund for International Development and Africa Finance Corp. (AFC) signed on Thursday a 10-year $50 million…
AIIB, OPEC Fund earmark $200 million for NBE to support Egypt infrastructure sector
The Asian Infrastructure Investment Bank (AIIB) and the OPEC Fund for International Development have allocated a…
Sisi approves $95 million OPEC Fund loan to support Egypt MSMEs
Egyptian President Abdel Fattah al-Sisi approved on Thursday a $95 million loan from the OPEC's Fund for…
Egypt’s parliament approves 10 global pacts worth more than $400 million
Egypt’s parliament has approved 10 agreements signed with a number of international institutions worth more than…
SFD Egypt hopes to activate $40 mln finance deal with OFID soon
Egypt’s Social Fund for Development (SFD) says it seeks to activate a $40 million financing agreement with the OPEC…
Egypt’s SFD negotiating $330 million finances from Arab Fund, EIB, OFID
Egypt’s Social Fund for Development (SFD) is negotiating a $330 million financing package from three global…
Egypt signs OFID’s $40 mln small and micro-business loan
Egyptian government has signed Monday a $40 million loan with the OPEC Fund for International Development (OFID) to…
EXCLUSIVE: Arab funds’ shares for Sinai development projects
Arab funds have determined the size of their contributions, totalling US$1.5 billion, to development projects in…
OPEC Fund secures $27 million Loan for Egypt
Egypt has signed on Friday a loan worth US$27 million with the OPEC Fund for International Development (OFID) to…
Egypt in talks with World Bank over 10 Proposed Power Projects
Egypt has drawn up a list of ten projects for generating and transferring electricity in advance of scheduled talks…
Al Araby, (OFID) Sign $65 mln Loans For Two Egyptian Ministries
During his participation in the meetings of the International Monetary Fund (IMF) in Washington, Dr Ashraf Al…
World Bank loans Egypt US$240 million for Giza North phase III
Last week, Egypt and the World Bank signed a US$240 million loan agreement as part of a package to finance the…