Tag: Loan

Egypt is making good progress in the loan programme, IMF

Christine Lagarde, head of the International Monetary Fund (IMF), said on Monday…

Daily News Egypt Daily News Egypt

Egypt to receive 2nd tranche of AFDB loan within two weeks: AFDB

The government also called for AFDB to finance a sewage plant in…

Ahmed Farahat Ahmed Farahat

IDWBE negotiates with international companies to reform administrative structure

I assumed chairmanship of the bank in April 2016 with deferred losses…

Hossam Mounir Hossam Mounir

6 things to consider when applying for a car loan in Egypt

Here are few things you should consider while applying for a car…

Daily News Egypt Daily News Egypt

IMF loan’s first tranche was not used to pay off debts: CBE governor

The total imports in 2016 amounted to $76bn, of which $2.2bn were…

Daily News Egypt Daily News Egypt

IMF financing alone will not be sufficient to stabilise US dollar: BOFAML

The report issued by BOFAML said that it expects the CBE to…

Reem Hosam El-din Reem Hosam El-din

Protecting the Vulnerable During Egypt’s Economic Reform

Restoring economic stability is not easy, as Egypt’s President Sisi has said many…

Chris Jarvis Chris Jarvis

Egypt’s foreign debt expected to reach $102bn after implementation of reforms: IMF

Egypt’s foreign debt had reached the $55.7bn mark in fiscal year (FY)…

Mohamed Samir Mohamed Samir

Egypt is moving in a new economic direction, reforms are hard but necessary: Chris Jarvis

Foreign exchange and inflation rates exceeded the IMF's preliminary predictions; IMF may…

Mohamed Samir Mohamed Samir

Egypt approves publishing details of $12bn loan next week: IMF

A technical delegation from the fund is in Egypt to follow up…

Mohamed Ayyad Mohamed Ayyad