Germany is planning to provide Egypt with $500 million in support of the country’s economic reform programme …
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Sahar Nasr
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Banks
China’s giant ICBC bank to invest $20 billion in Egypt over 10 years
by Yomna Yasserby Yomna YasserThe world’s biggest lender by assets, state-owned Industrial and Commercial Bank of China Limited (ICBC) will invest …
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Minister of Investment and International Cooperation Sahar Nasr said during a meeting on Monday with John Casson, …
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Egypt News
BREAKING: Egypt announces cabinet reshuffle, includes 9 ministers
by Yomna Yasserby Yomna YasserEgypt has announced Tuesday a cabinet reshuffle that includes 9 nine economic and public service ministers and …
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Banks
Egypt seals deal with AfDB to restructure state’s social lender
by Yomna Yasserby Yomna YasserEgypt’s International Cooperation Minister Sahar Nasr signed on Thursday a grant deal with the African Development Bank …
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Industry & Trade
Lebanon, Egypt to sign 15 documents on economic cooperation soon – minister
by Yomna Yasserby Yomna YasserEgypt and Lebanon are set to sign soon around 15 official documents, including agreements and memoranda of …
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Banks
World Bank pumped $700 million into Egypt SMEs in 2 years – minister
by Yomna Yasserby Yomna YasserThe World Bank secured $700 million in support of the small-sized projects in Egypt over the past …
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Banks
Egypt parliament endorses World Bank $500mn deal for Upper Egypt scheme
by Yomna Yasserby Yomna YasserThe Local Administration Committee at the Egyptian Parliament has endorsed Wednesday the World Bank’s $500 million financing …
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Real Estate
UNDP, Egypt sign agreement for Alexandria planning 2032 scheme
by Yomna Yasserby Yomna YasserEgypt signed Monday an agreement with the United Nations Development Programme (UNDP) for the participatory strategic urban …
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Financial Institutions
Egypt, EU sign two assistance programmes worth €120 million
by Yomna Yasserby Yomna YasserEgypt has signed on Tuesday two grants worth €120 million ($124.6 million) from the European Union to …