IMF Approves USD 2 bn Loan Installment for Egypt
The International Monetary Fund (IMF) has approved the third installment of a USD 12 bn, three-year loan for Egypt
Egypt’s Sisi Approves JPY 41.98 bn JICA Loan
The Egyptian President Abdel-Fattah El-Sisi has issued a presidential decree approving a loan from the Japan International Cooperation Agency (JICA)
World Bank Approves USD 1.15 bn Loan for Egypt
The World Bank Group’s executive board approved on Tuesday, December 5, a USD 1.15 bn development policy loan for Egypt
Egypt Accelerates World Bank’s 3rd Tranche of A Billion Dollars
Egypt is in talks to accelerate the final tranche of the World Bank’s (WB) loan
Egypt Gets USD 116 mn from EBRD to Build Two Power Plants
The European Bank for Reconstruction and Development (EBRD) and Proparco grant Egypt a loan worth USD 116 mn to build two power plants, Invest-Gate reports.
WB Team to Visit Egypt Aug 20 for Loan Discussions
A World Bank delegation is to visit Egypt on August 20-24 to reimburse the third tranche of a loan that aims at supporting Egypt's social and economic development program, Invest-Gate reports.
Jabal Omar Eyes SAR 3 bn Loan Conversion into Murabaha
Saudi real estate development company Jabal Omar Development Co. is holding talks with the Saudi Finance Ministry to convert a commercial loan worth SAR 3 bn into a Murabaha facility, Invest-Gate reports.
Egypt Injects First Tranche of WB Loan into Developing Upper Egypt
Egypt is injecting the first tranche of the World Bank loan worth USD 125 mn into upgrading Upper Egypt in accordance with President Abdel Fattah El Sisi’s directives, Invest-Gate reports. Egypt in Talks With WB for USD 200 mn Loan
The government is currently in talks with the World Bank to receive a EGP 200 mn loan aiming to finance labor-intensive projects nationwide, Invest-Gate reports.
