Egypt’s Arab African International Bank has signed a financing deal with European Bank for Reconstruction and Development …
loan
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Qatar National Bank (QNB), the largest lender in the Middle East and Africa by assets, is expecting …
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Banks
World Bank and Egypt discuss disbursement of final $1bn tranche of loan
by Yomna Yasserby Yomna YasserEgyptian government officials held talks with the World Bank on Tuesday to discuss the accelerated disbursement of …
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Financial Institutions
Saudi Fund for Development investments in Egypt hit $2.5 bln: minister
by Yomna Yasserby Yomna YasserThe Saudi Fund for Development has so far invested around $2.5 billion in 23 ongoing projects in …
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Financial Institutions
Egypt expects $2bn IMF loan installment next month: minister
by Yomna Yasserby Yomna YasserEgypt’s Finance Minister, Amr al-Garhy, anticipates the country will receive another installment of the International Monetary Fund (IMF) loan …
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Banks
Egypt’s Suez Canal negotiating €300 mln loan from two state-run banks
by Yomna Yasserby Yomna YasserEgypt’s Suez Canal Authority is negotiating a €300 million ($352 million) loan from two state-run banks to …
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Egypt to receive the third and final $500 million tranche of a $1.5 billion African Development Bank …
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The banking sector helped the Saudi Arabian stock index outperform the region in early trade on Wednesday, …
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Banks
AfDB delegation in Egypt ahead of review for final loan payout
by Yomna Yasserby Yomna YasserA high-level delegation from the African Development Bank (AfDB) has arrived in Egypt to prepare for a …
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The African Development Bank (AfDB) has so far invested $1.9 billion in Egypt as part of the …