Tag: Loan

Egypt seeks to unlock third tranche worth $1bn of World Bank loan

Sahar Nasr discusses releasing the disbursement before the year-end

Elsayed Solyman Elsayed Solyman

Egypt awaits 3rd tranche worth $1bn of World Bank’s loan 

World Bank sees economic reforms taken by the Egyptian government as spectacular

Mohamed Ayyad Mohamed Ayyad

Egypt to receive third tranche of AfDB loan by February 2018

The government of Egypt has never defaulted on its debt payments to…

Shaimaa Al-Aees Shaimaa Al-Aees

EGP 55bn increase in bank deposits, EGP 39bn increase in loan portfolio in May 2017: CBE

Foreign investments in T-bills hike to EGP 176,000bn at the end of…

Hossam Mounir Hossam Mounir

Why IMF cut its estimates of Egyptian economy after first review?

The IMF raises its estimates of inflation and debt and lowers its…

Daily News Egypt Daily News Egypt

IMF approves second tranche of $12bn loan, $1.25bn to be transferred within days finance minister 

The executive board of the International Monetary Fund (IMF) has approved the…

Daily News Egypt Daily News Egypt

IMF votes on second tranche of Egypt’s loan

The International Monetary Fund’s (IMF) Executive Board plans to vote Thursday on…

Daily News Egypt Daily News Egypt

Parliament discusses loan for developing transmission and distribution network of electricity

Parliament will discuss a loan agreement worth EGP 37bn for the development…

Mohamed Farag Mohamed Farag

Economic ministerial group discusses the third $500m tranche of AfDB’s loan

Egypt is currently in a good position to attract more investments, says…

Shaimaa Al-Aees Shaimaa Al-Aees

Afreximbank signs loan to Banque Misr worth $200m next week

The African Export-Import Bank’s (Afreximbank) board of directors approved granting a loan…

El Husseiny Hassan El Husseiny Hassan