Six banks are putting together a financing offer of €133 million ($158.7 million) for Egypt’s state-run major …
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Sports
South African Bidvest Wits unveils Egypt’s Ahly loanee Amr Gamal
by Yomna Yasserby Yomna YasserEgyptian striker Amr Gamal has been unveiled as the new signing of South Africa’s Bidvest Wits on …
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Banks
AfDB team in Cairo next September to receive final disbursal of $1.5bn loan
by Yomna Yasserby Yomna YasserAn African Development Bank (AfDB) delegation will arrive in Cairo next September for a mid-term review required …
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Egypt’s Minister of Investment Sahar Nasr will meet on Sunday with a delegation from the World Bank …
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Banks
Telecom Egypt in talks with banks for dollar tranche of the 4G loan
by Yomna Yasserby Yomna YasserEgypt’s state-owned landline monopoly Telecom Egypt is negotiating a $180 million tranche of a loan worth 13 …
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Industry & Trade
Egypt to receive $1.5 billion from WB, AFDB next December
by Yomna Yasserby Yomna YasserBoth the board of governors and the board of directors of the World Bank (WB) approved to …
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French telecoms company Orange posted a bigger first half loss in Egypt, its financial indicators showed Monday. …
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Financial Institutions
Abu Dhabi fund grants $1 billion for Egyptian projects
by Yomna Yasserby Yomna YasserThe Abu Dhabi Fund for Development (ADFD) has provided a total of Dh4 billion ($1.08 billion) worth …
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The second tranche of the International Monetary Fund’s (IMF) loan to Egypt, $1.25 billion, has entered the …
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Financial Institutions
Egypt’s central bank receives second disbursal $1.25 bln of IMF loan
by Yomna Yasserby Yomna YasserEgypt’s central bank (CBE) has received Tuesday the second and final disbursal of the first $4 billion …