Egypt has signed on Thursday exchange of letters to extend financial cooperation with Spain until late 2018. …
Sahar Nasr
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Financial Institutions
Egypt’s development aid portfolio grew to $33.07 billion
by Yomna Yasserby Yomna YasserEgypt’s total development assistance portfolio from development partners has surged to $33.07 billion, from $2 billion earlier …
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Banks
Egypt to pay $26 mln first tranche in China-led AIIB’s capital soon
by Yomna Yasserby Yomna YasserThe first tranche of Egypt’s commitment to China-led Asian Infrastructure Investment Bank (AIIB)’s capital will amount to …
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The European Investment Bank is studying the provision of €500 million ($553 million) financing to some Egyptian …
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Banks
Beleaguered tourism industry drives Egypt to cancel AfDB $140 mln loan
by Yomna Yasserby Yomna YasserEgypt has cancelled a $140 million loan signed with the African Development Bank (AfDB) to upgrade Sharm …
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Banks
EBRD names Egyptian int’l minister as deputy chairman of board of governors
by Yomna Yasserby Yomna YasserThe European Bank for Reconstruction and Development (EBRD) has chosen Egyptian international cooperation minister Sahar Nasr as …
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Financial Institutions
Egypt parliament approves Kuwaiti Fund’s $20 mln refugee support grant
by Yomna Yasserby Yomna YasserEgyptian parliament has approved Monday a $20 million grant deal signed with the Kuwait Fund for Arab …
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Egypt News
Egypt parliament approves Saudi Fund $1.5 bln Sinai development loan
by Yomna Yasserby Yomna YasserEgyptian parliament has approved Sunday the country’s $1.5 billion loan deal signed with the Saudi Fund for …
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Egypt News
Dutch mission to visit Egypt in July to build 10,000 greenhouses
by Yomna Yasserby Yomna YasserA Dutch trade mission will be visiting Egypt in July to study the most suitable locations to …
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Egypt News
Canada earmarks US$8.4 mln grant to develop Aswan youth skills
by Yomna Yasserby Yomna YasserEgypt has signed on Tuesday a C$10.7 million (US$8.4 million) grant with Canada for the Aswan Skills …