Floating the Egyptian pound is not enough to solve Egypt’s economic woes, and curbing imports is a …
finance
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Egypt’s Social Fund for Development (SFD) received the first tranche of 62.5 million Egyptian pounds from the …
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The IFC, a member of the World Bank Group, provided a loan of up to $50m to …
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Financial Institutions
Cabinet endorses Kuwait fund’s loan for Egypt-Saudi power link
by Noha Gadby Noha GadEgyptian Cabinet approved Thursday a loan agreement with Kuwait Fund for Arab Economic Development (KFAED) to finance …
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Real Estate
Egypt’s first real estate financing federation to launch its website in two weeks
by aya salahby aya salahThe newly-founded Egyptian Real Estate Financing Federation will be launching its website in two weeks to facilitate …
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The Egyptian Electricity Holding Company will sign Sunday a LE10 billion ($1.2 billion) loan contract with a …
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A draft resolution to be submitted to the UN Security Council takes “explicit” aim at the Islamic …
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Banks
Egyptian Electricity Transmission in talks for $894 million finance
by Yomna Yasserby Yomna YasserState-run Egyptian Electricity Transmission Company (EETC) is negotiating finance worth 7 billion Egyptian pounds (US$894 million) with …
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Hungary is ready to finance two projects related to housing and desalination fields in Egypt, said Egyptian …
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Financial Institutions
Lead Foundation loans $29 million to micro enterprises in Egypt
by Noha Gadby Noha GadEgyptian NGO, Lead Foundation’s current portfolio for micro enterprises reached 225 million Egyptian pounds (US$28.7million) at the …