Tag: Loan

First tranche of $2.5bn will be made available to Egypt after IMF agreement is signed: Masood

Press conference held on Friday on the occasion of annual meetings of…

Daily News Egypt Daily News Egypt

Afreximbank lends ETHYDCO $75m facility to support its expansion

The facility is dedicated to building an ethylene factory and natural gas…

Daily News Egypt Daily News Egypt

Blom Bank’s loans portfolio increased by 14% in H1 2016: managing director

The bank injected EGP 680m of loans in six months, despite the…

Hossam Mounir Hossam Mounir

AFDB to approve the second tranche of loan to support budget before end of 2016

AFDB funds Egypt with $800m annually, including the second and third tranches of…

Shaimaa Al-Aees Shaimaa Al-Aees

World Bank, government discuss second tranche of $3bn loan

The World Bank expects 5.5% growth in Egypt in FY 2019

Shaimaa Al-Aees Shaimaa Al-Aees

Egypt would profit with social progress

Annual report of Social Progress Index for 2016 released in an attempt…

Nicholas Mehling Nicholas Mehling

UNB aims to boost SMEs financing to 8% of its total loans portfolio by end of 2016: vice chairperson

Union National Bank-Egypt (UNB) aims to boost its financing directed to small-…

Hossam Mounir Hossam Mounir

United Bank intends to participate in the loan arranged for TE: bank’s chairperson

Volume of bank’s syndicated loans portfolio amounts to EGP 500m, with most…

Hossam Mounir Hossam Mounir

Political parties, NGOs reject parliament’s approval of VAT

The value-added tax was approved by parliament in late August, and was…

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