Tatweer Misr Secures EGP 240 mn Bridge Loan

Tatweer Misr secures a bridge loan of EGP 240 mn from Arab African International Bank (AAIB) to finance the construction of the Bloomfields Mostakbal City and Monte Galala projects, Invest-Gate reports.

Middle Eastern Funds to Increase Investments in Egypt

Middle Eastern fund managers plan to raise their investments in Egypt in the second quarter of 2020

WB Provides USD 7.9 mn Emergency Fund to Egypt

The World Bank (WB) will release USD 7.9 mn in emergency funds to Egypt to help it fight the coronavirus (COVID-19) pandemic

UNDP to Establish New Investment Fund in Egypt

Egypt and the United Nation Development Program (UNDP) sign an agreement to establish a new UNDP investment fund in the country, Invest-Gate reports.

EBRD Approves Deal Worth USD 500 mn to Fund Renewable Projects in Egypt

The European Bank for Reconstruction and Development (EBRD) approves on June 7 an agreement worth USD 500 mn to finance renewable energy projects in Egypt, Invest-Gate reports.  

Egypt, Kuwait Ink KWD 12.5-mn loan For Al-Arish Infrastructure

Egypt and the Kuwait Fund for Arab Economic Development (KFAED) sign a KWD 12.5-mn loan agreement to finance water access project in Al-Arish, North Sinai, Invest-Gate reports.

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