loan

Economics

Banque Misr, MSMEDA sign a LE 400M loan to finance SME

CAIRO – 27 November 2017: Banque Misr and the Small and Medium Enterprises Development Agency (MSMEDA) have signed a 400…
Economics

Transport min. attends signing of loan deal on unified transport card

CAIRO – 23 November 2017: Transport Minister Hisham Arafat attended on Thursday the signing ceremony of a loan agreement with…
Economics

Egypt to receive next IMF loan disbursal in December: minister

CAIRO – 22 Nov 2017: Egypt is set to receive its next International Monetary Fund loan disbursal in December, Finance…
Economics

EBRD promotes Egypt’s international trade with $10M loan to ABK-Egypt

CAIRO – 14 November 2017: The European Bank for Reconstruction and Development (EBRD) signed Tuesday a $10-million trade facility agreement…
Economics

IMF’s mission agrees on Egypt’s loan 3rd disbursement

CAIRO – 10 November 2017: The International Monetary Fund (IMF) announced Friday that its team that visited Cairo from October…
Economics

ADB says could consider $400 mln loan for Nigeria

LAGOS – 31 October 2017:The African Development Bank said on Tuesday it could consider an additional $400 million for Nigeria…
Economics

IDSC denies gov’t plan to lay off 2 mln employees under IMF loan deal

CAIRO – 25 October 2017:The International Monetary Fund (IMF) has not requested the Egyptian government to lay off two million…
Economics

UAE central bank survey projects moderate growth in loan demand

DUBAI – 22 October 2017: Demand for business credit and personal loans in the United Arab Emirates increased marginally in…
Economics

Egypt, World Bank discuss 3rd batch of $3B loan

CAIRO– 17 October 2017: Minister of Investment and International Cooperation Sahar Nasr on Tuesday discussed with World Bank Chief Executive…
Middle East news

Egypt likely to receive new tranche of IMF loan after second review

CAIRO – 13 October 2017: Egypt is expected to receive the third tranche of USD 2 billion of the three-year…
Economics

Cabinet approves EBRD’s €186M loan for sanitation

CAIRO – 12 October 2017: The Egyptian government has approved taking a €186 million ($220 million) loan from the European…
Economics

AfDB $500M loan to be signed before year-end

CAIRO – 4 October 2017: Egypt will sign a $500 million loan agreement with the African Development Bank (AfDB) before…
Middle East news

Egypt to receive last tranche of AfDB’s loan next Jan

CAIRO – 3 October 2017: Egypt will receive the third tranche of the African Development Bank (AfDB)'s loan, estimated at…
Economics

Loan interests to burden budget with LE 410B in FY 2016/17

CAIRO – 3 October 2017: The current level of interest rates on loans has increased burden on the state budget…
Economics

IDB to offer Tunisia $625mn loan

TUNIS – 26 September 2017: The Islamic Development Bank (IDB) has vowed to grant Tunisia a loan worth 625 million…
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