Tag: Loan

Egypt, AMF sign $639m loan to support financial sector reform

WAM reported, on Wednesday, that the loan agreement was signed last week,…

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IFC provides CIB Egypt $100m loan to support businesses disrupted by COVID-19

IFC’s commitments in Egypt since 2005 has reached $4bn

Shaimaa Al-Aees Shaimaa Al-Aees

CIB obtains $100m support loan from CDC

Loan forms part of executive management plans to strengthen CIB’s capital base,…

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NBE, AAIB mull $750m loan for Abu Tartur phosphate project

Project’s implementation is likely to start in 4Q 2020

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Banque Misr arranges EGP 1.5bn loan to finance Damietta Furniture City

Project aims to establish integrated industrial city that includes furniture manufacturers and…

Hossam Mounir Hossam Mounir

Egypt’s new IMF loan agreement stimulates stock market

The benchmark index EGX30 closed at 11,108 points, while the EGX70 EWI…

Alyaa Stohy Alyaa Stohy

New IMF loan slows down US dollar appreciation against Egyptian pound

Egypt’s foreign reserves fall to $36.0037bn in May, from $37.037bn in April,…

Hossam Mounir Hossam Mounir

Afreximbank anticipates raising over $1bn in syndicated loan despite COVID-19

Market’s confidence in bank, despite current uncertainty, was testament to strength of…

Shaimaa Al-Aees Shaimaa Al-Aees

NBE, EG Bank, AIB arrange syndicated EGP 650m loan to Misr Italia properties

Joint loan’s arrangement reflects participating banks’ support for real estate sector

Alyaa Stohy Alyaa Stohy

Banque du Caire, EIB sign $100m loan agreement to finance SMEs

Fayed also emphasised that Banque du Caire’s keenness to boost and diversify…

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