Remittances from Egyptians abroad increased by 29.3 percent year-on-year in December 2017 to $2.6 billion, up from …
Tag:
loan
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The European Bank for Reconstruction and Development (EBRD) is planning to secure a $200 million loan for …
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Real Estate
Egypt sees new tranche from World Bank’s $500mn social housing loan in June
by Yomna Yasserby Yomna YasserEgypt’s Mortgage Finance Fund (MFF) says it expects to attain a new tranche ranging between $50 million …
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Banks
Egyptian Arab Land Bank secures 200 mln pounds to Al Morshedy’s Project
by aya salahby aya salahState-owned Egyptian Arab Land Bank (EALB) has signed a 200 million Egyptian pounds loan in favour of …
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Industry & Trade
Egypt signs third $500 mln tranche of $1.5 bln AfDB loan
by Yomna Yasserby Yomna YasserEgypt has signed an agreement for a third $500 million tranche of a $1.5 billion loan package …
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The Holding Company for Tourism and Hotel is in talks with Bank Audi and the National Bank …
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Banks
EG-Bank pumps 150 mln pounds in Rooya Group and Egyptian Railways loans
by aya salahby aya salahEgyptian Gulf Bank-EG-Bank has approved pumping 150 million Egyptian Pounds ($8.4 million) in both Rooya Group and …
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Banks
Latest IMF $2bn disbursement to be used to reduce Egypt’s budget deficit: CBE
by Yomna Yasserby Yomna YasserThe latest $2 billion loan disbursement from the International Monetary Fund (IMF), which is set to be …
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Financial Institutions
Egypt to receive $2 bln as part of IMF loan in June or July: government official
by Yomna Yasserby Yomna YasserEgypt is set to receive $2 billion in the fourth disbursal from a $12 billion International Monetary …
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Banks
IMF endorses first installement in second tranche of $12 bln loan to Egypt
by aya salahby aya salahThe International Monetary Fund (IMF) approved the first batch – worth $2.3 billion – of the second …