A consortium of nine Egyptian banks is set to secure 13.5 billion Egyptian pounds ($745.8 million) to …
Tag:
loan
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Banks
Banque Misr in talks with international funding institution for new dollar debt
by Yomna Yasserby Yomna YasserBanque Misr is negotiating with one of the international banking institutions in order to obtain a new …
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Financial Institutions
IMF reaches staff-level agreement on second payment of Egypt loan
by Yomna Yasserby Yomna YasserThe International Monetary Fund has reached Friday a staff-level agreement on a second payment that would make …
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Banks
ADIB Capital secures €40 million for Egypt’s Electricity Holding
by Yomna Yasserby Yomna YasserADIB Capital, the investment banking arm of the Abu Dhabi Islamic Bank (ADIB) Egypt, has secured €40 …
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Financial Institutions
IMF seen delivering Egypt second tranche of $12 bln in second half of June
by Yomna Yasserby Yomna YasserEgypt expects to receive the second tranche of its loan from the International Monetary Fund within the …
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Egypt News
Sisi approves Japanese loan worth $460 mln for Grand Egyptian Museum
by Yomna Yasserby Yomna YasserEgyptian President Abdel Fattah al-Sisi has approved a Japanese loan worth 49.4 billion yen (US$460 million) to …
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Financial Institutions
IMF to disburse another $1.2 bln loan to Egypt in six weeks ahead of review
by Yomna Yasserby Yomna YasserThe International Monetary Fund will disburse another $1.2 billion to Egypt out of its $12 billion loan …
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Real Estate
Egypt’s foreign reserves jump to $28.641 bln by end-April
by Yomna Yasserby Yomna YasserEgypt’s foreign reserves edged up to $28.641 billion at the end of April from $28.5 billion at …
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Financial Institutions
Egypt may receive second tranche of IMF loan in June: minister
by Yomna Yasserby Yomna YasserThe International Monetary Fund is likely to release the second tranche of a $12 billion loan by …
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Banks
Egypt to get third $1 billion World Bank loan tranche in December: official
by Yomna Yasserby Yomna YasserThe World Bank is expected to provide the third and final $1 billion tranche of its $3 …