Financial Institutions Moody’s: Egypt’s higher SME lending quota supports economy but endangers banks’… Yomna Yasser Jan 18, 2016 0 The Central Bank of Egypt (CBE) instructed on January 11th Egyptian banks to raise their lending to small and…
Banks Sisi approves amendments to World Bank healthcare cooperation project Yomna Yasser Jan 16, 2016 0 President Abdel Fattah al-Sisi issued a decree approving amendments to the cooperation project signed between Egypt…
Banks World Bank slashes Egypt’s predicted 2016 growth rate to 3.8% Yomna Yasser Jan 9, 2016 0 Egypt's economic growth is forecasted to slow to 3.8 percent in financial year 2015/16 from 4.2 percent expected in…
Banks Egypt receives AfDB, World Bank’s $1.5bn first trance: minister Yomna Yasser Jan 2, 2016 0 Egypt has received US$1.5 billion worth of the first tranches of both African Development Bank and World Bank’s…
Banks Egypt to receive AFDB’s $500mn-loan ‘within hours’, WB’s loan by January aya salah Dec 31, 2015 0 Egypt will receive "within hours" $500 million as part of a loan from the African Development Bank (AfDB),…
Banks World Bank grants $125mn-first tranche to Egypt’s Social Housing soon Noha Gad Dec 28, 2015 0 Egyptian housing ministry has finished negotiations with the World Bank over a US$500 million-loan for Social…
Banks Egypt seals World Bank loan deal Yomna Yasser Dec 19, 2015 0 Egypt has signed Saturday a $1 billion loan with the World Bank Group, as the first tranche of $3 billion funding,…
Banks Egypt to sign $1 billion World Bank loan today Yomna Yasser Dec 19, 2015 0 Egypt is to officially sign Saturday a $1 billion loan with the World Bank Group, as the first tranche of $3…
Financial Institutions Fitch affirms Egypt at ‘B’, with ‘Stable’ outlook Yomna Yasser Dec 19, 2015 0 Fitch Ratings affirmed Friday Egypt's Long-term foreign and local currency Issuer Default Ratings (IDR) at 'B' with…
Egypt News World Bank confirms $3 billion loan for Egypt aya salah Dec 19, 2015 0 The World Bank has approved a $3 billion loan to Egypt, to be disbursed over the next three years, International…