financing

World Bank to finance Egypt with $7 bln over 6 years
Business

World Bank to finance Egypt with $7 bln over 6 years

The World Banks latest program within a framework of cooperation with Egypt is for the disbursement of US$7 billion to…
Mashat in Davos 2023: Climate change is a major global challenge
Egypt

Mashat in Davos 2023: Climate change is a major global challenge

  Egyptian Minister of International Cooperation Rania al-Mashat started her participation on Tuesday in the activities of the Davos Forum…
Austria provides loan worth LE 8.5 mln euros to Egypt for heavy railway equipment
Business

Austria provides loan worth LE 8.5 mln euros to Egypt for heavy railway equipment

The House of Representatives approved during its plenary session on Tuesday the President of the Arab Republic’s Decree No. 495…
Saib Bank grants Orascom LE230 million to renovate Pyramids Plateau
Egypt

Saib Bank grants Orascom LE230 million to renovate Pyramids Plateau

Egypt’s Saib Bank signed a long-term, LE230 million financing contract with Orascom Pyramids for Entertainment Projects, to develop the Giza…
IFC, MEG sign landmark US$100 mn agreement to foster Egypt’s economy
Egypt

IFC, MEG sign landmark US$100 mn agreement to foster Egypt’s economy

The International Finance Coordination (IFC), a member of the World Bank, provided up to $100 million in financing to the…
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