The World Bank has disbursed $125 million in financial assistance to Egypt out of its $500 million …
Tag:
loan
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Banks
Egypt, World Bank, AfDB to start third tranche loan talks this week
by Yomna Yasserby Yomna YasserEgypt will resume this week its negotiations with the World Bank and the African Development Bank (AfDB) …
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Egyptian Cabinet approves a loan agreement sign with Japan which will provide Egypt with ¥10 billion ( …
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Financial Institutions
Egypt: next review for IMF loan programme to be in Nov. or Dec.
by Yomna Yasserby Yomna YasserEgyptian Minister of Finance Amr el-Garhy said Thursday that the next review for the country’s $12 billion …
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A delegation from the World Bank Group will visit Egypt in the first week of June, Egyptian …
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Banks
Egypt negotiating $500 mln Upper Egypt development loan from World Bank
by Yomna Yasserby Yomna YasserEgypt is negotiating a $500 million loan from the World Bank to finance development schemes in Upper …
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Cairo-based Egyptian Gulf Bank has signed a loan agreement with the European Investment Bank (EIB) to receive …
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Egypt’s Arab African International Bank (AAIB) is negotiating dollar-dominated loans from some international financial institutions, including the …
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Financial Institutions
IMF backs Egypt plan to remove fuel subsidies in 3 years, ease inflation: official
by Yomna Yasserby Yomna YasserThe International Monetary Fund is encouraged by Egypt’s efforts to remove fuel subsidies within three years and …
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Banks
Central bank of Egypt to cancel $100,000 limit on individual bank transfers
by Yomna Yasserby Yomna YasserEgypt’s central bank governor Tarek Amer said yesterday the central bank would soon cancel a $100,000 limit …