Tag: bridge loan

Business

Palm Hills signs bridge loan agreement worth EGP100m

The loan will be used for financing a project in the North…

Menna Samir Menna Samir
Although he acknowledged that loans are not a true representation of a country’s reserves, he said that taking these loans would help postpone the issue long enough to allow Egypt to achieve real economic recovery (AFP Photo)
BusinessEconomy

Egypt refuses IMF emergency funding

Hegazy: ‘It is our right to receive the full $4.8bn loan’

Daily News Egypt Daily News Egypt
BusinessEconomy

US Congress freezes further aid to Egypt

IMF may offer a ‘bridge loan’ to Egypt in the meantime as…

Daily News Egypt Daily News Egypt