Saudi’s SFD signs $77mln loan deal finance solar project in Belize
The Saudi Fund for Development (SFD) has signed a loan agreement of $77 million to finance a new solar project in…
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Saudi Fund for Development
Saudi Arabia signs $400mln aid deal for Ukraine
Saudi Arabia has signed an agreement with Ukraine to supply $400 million humanitarian aid during a high-level…
Saudi Fund for Development signs deals to finance Egypt MSMEs
The Saudi Fund for Development (SFD) has signed on Friday three agreements worth 300 million Egyptian pounds ($19.1…
Saudi Fund for Development investments in Egypt hit $2.5 bln: minister
The Saudi Fund for Development has so far invested around $2.5 billion in 23 ongoing projects in Egypt, investment…
Saudi Arabia, Italy to fund construction of 18 wheat silos in Egypt
Egypt plans to build 18 wheat silos during the current financial year 2017/2018, financed by the Saudi Fund for…
Egypt negotiating Kuwait Fund for three development projects in Sinai
Egypt’s Ministry of International Cooperation is in talks with the Kuwait Fund for Arab Economic Development…
Saudi Arabia to send Egypt additional $97 mln of Sinai loan ‘in days’
Saudi Arabia will send Egypt “within few days” an additional of $97 million to complete the first tranche of its…
Egypt receives first tranche of Saudi Arabia’s Sinai loan
Egypt has received Sunday the first tranche worth $300 million of Saudi Arabia’s Sinai development loan, Egyptian…
Egypt parliament approves 5 agreements signed with Saudi Arabia
Egyptian parliament’s legislative and constitutional affairs committee has approved Saturday five agreements signed…
Egypt parliament approves Saudi Fund $1.5 bln Sinai development loan
Egyptian parliament has approved Sunday the country’s $1.5 billion loan deal signed with the Saudi Fund for…
Egypt’s SFD negotiating $300 million finances from World Bank, Saudi Fund
Egypt’s Social Fund for Development (SFD) is negotiating a $300 million financing package from the World Bank and…
Egypt’s SFD in talks over Saudi Fund’s $100mn finance
Egypt’s Social Fund for Development (SFD) is currently negotiating over Saudi Fund for Development’s $100 million…
Egypt inks deal worth $1.5bn with Saudi fund for Sinai development
Egypt signed Sunday a $1.5 billion agreement with the Saudi Fund for Development (SFD) to finance development in…
Saudi Arabia, Egypt to sign petroleum deal Sunday
Egypt and Saudi Arabia will sign Sunday an agreement for the provision of petroleum to Cairo for coming five years.…
Saudi Arabia allocates $31 million to activate Sisi’s initiative for youth
The Saudi Fund for Development grants 250 million Egyptian pounds ($31 million) to Egypt’s Social Development Fund…
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…
Saudi Fund allocates US$100 million to upgrade Egyptian power plant
The Saudi Fund for Development (SFD) has approved to allocate US$100 million to finance a project to upgrade the…
Sisi approves $60 million Power Plant Loan
President Abdel Fattah al-Sisi has ratified a US$60 million loan agreement with the Saudi Fund for Development to…
National Bank of Egypt eyes €170 million Global Pacts at March Summit
The National Bank of Egypt intends to sign two agreements worth €170 million with two global financial institutions…
SFD Egypt Obtains EU’s €15 million Grant in March
Egypt’s Social Fund for Development (SFD) will receive next March the second tranche worth €15 million of the…
Saudi Fund Allocates $90mn Loan to Fund Egypt’s National Project for Silos
The state-owned Egyptian Holding Company for Silos and Storage (EHCSS) announced on Wednesday receiving a US$90…
Egypt’s SFD Eyes €95 Million Loans from French Development Agency
Egypt’s Social Fund for Development (SFD) is currently in talks with the French Development Agency (Agence…
Egypt’s SFD to Obtain $400 mln Loans from UAE, Saudi Funds
Egypt’s Social Fund for Development (SFD) will get loans amounting to US$ 400 million next March from UAE’s Khalifa…
EIB, Egypt Ink €205 mn Loan Deal to Finance El Shabab Power Plant
Egypt signed today a loan agreement worth € 205 million with the European Investment Bank (EIB), designated…
Russian Fund Seeks Energy, Infrastructure Investments in Egypt at Beginning of 2014
A delegation from a Russian sovereign wealth fund is currently visiting Egypt aiming to pump new investments in its…
Morsi To Approve 3 Loan Agreements Worth US$ 500 Mln With SFD Soon
Procedures for issuing three presidential decrees are currently being conducted to approve three loan agreements…
Saudi Fund For Development Offers US$200 Mln To Renewable Energy Projects
The Saudi Fund for Development (SFD) has approved to offer US$ 200 million to finance renewable…
Saudi Fund For Development Allocates EGP1.4 Bln To Finance 3 Projects In Egypt
The Saudi Fund for Development (SFD) signed three concessional loan agreements with the Egyptian…
Saudi Arabia Approves New Aid To Egypt Of $430 Mln
Saudi Arabia said on Friday it had approved $430 million in project aid to Egypt and would allow Cairo to use a…