Egypt and the African Development Bank (AfDB) signed Sunday two grants and a loan worth US$2.25 million …
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Sahar Nasr
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Banks
World Bank set to loan $500mn for developing Upper Egypt: Minister
by Yomna Yasserby Yomna YasserThe World Bank Group will fund a new cooperation project worth US$500 million for the development of …
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Egypt will start Monday a new round of loan negotiations with the World Bank Group in Washington …
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Banks
World Bank agrees to raise Egypt’s portfolio to $6bn: minister
by Yomna Yasserby Yomna YasserThe World Bank agreed to raise Egypt’s portfolio from $5.5 billion to $6 billion, increasing the bank’s …
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Egypt and the European Union signed Monday €68 million grant agreement for a project aimed to expand …
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Egypt is negotiating with Germany seeking to sign cooperation agreements worth more than €175 million (US$192.5 million). …
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European Union is to sign a number of grant agreements totalling €170 million (US$187 million) next November …
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Banks
Egypt becomes formal recipient of EBRD finance, country of operations
by Yomna Yasserby Yomna YasserThe Board of Governors of the European Bank for Reconstruction and Development (EBRD) has voted to make …
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A World Bank and African Development Bank (AfDB) delegation met Thursday with Egyptian Prime Minister Sherif Ismail …
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Financial Institutions
Egypt in talks with IMF for $5.5bn loan to support budget: Minister
by Yomna Yasserby Yomna YasserEgypt is negotiating with the International Monetary Fund (IMF) for a US$5.5 billion loan to support the …