The World Bank’s board of executive directors approved on Thursday a $360 million Development Policy Financing (DPF) …
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Asian Infrastructure Investment Bank
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The Beijing-backed Asian Infrastructure Investment Bank (AIIB) said it is beginning discussions about medium to longer-term infrastructure …
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Egyptian President Abdel Fattah al-Sisi on Thursday approved a $300 million loan from the Beijing-backed Asian Infrastructure …
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Egypt is the fifth largest recipient of infrastructure investments by the China-backed Asian Infrastructure Investment Bank (AIIB), …
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FeatureFinancial Institutions
China-led AIIB board approves $510 mln funding for Egypt infrastructure projects
The China-backed Asian Infrastructure Investment Bank’s (AIIB) board of directors approved a $510 million in funding for …
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Banks
China-led AIIB bank unveils $250 million boost for Egypt renewable energy
by Yomna Yasserby Yomna YasserThe Asian Infrastructure Investment Bank (AIIB) announced Tuesday as much as $210 million in debt financing in …
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Banks
China-led AIIB bank to discuss Egypt loan request in Sept: minister
by Yomna Yasserby Yomna YasserThe China-initiated Asian Infrastructure Investment Bank (AIIB) will start discussing in September an Egyptian request to have …
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Banks
Egypt to have share in China led AIIB’s $10-15 billion annual financing: official
by Yomna Yasserby Yomna YasserThe Asian Infrastructure Investment Bank (AIIB) will lend between $10 billion and $15 billion annually to finance …
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Banks
Egypt looks into China AIIB Bank’s cooperation opportunities at IMF Meetings
by Yomna Yasserby Yomna YasserEgypt is looking into the China-led Asian Infrastructure Investment Bank (AIIB)’s support for a number of infrastructure …
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Banks
FinMin Garhy named as Egypt’s governor of China AIIB Bank, Minister Nasr as deputy
by Yomna Yasserby Yomna YasserEgyptian Prime Minister Sherif Ismail has chosen Minister of Finance Amr el-Garhy as Egypt’s governor at the …