loans
Egypt seals US$3 billion IMF accord
Business
June 5, 2011
Egypt seals US$3 billion IMF accord
The International Monetary Fund (IMF) agreed a US$3 billion financing deal with Egypt on Sunday and praised the policies of…
US$3 bln in IMF loans to Egypt
Business
May 25, 2011
US$3 bln in IMF loans to Egypt
The International Monetary Fund (IMF) will announce a US$3 billion loan to support the Egyptian economy in a few days,…
Egypt prosecutor unfreezes assets of 13 businessmen
Business
May 24, 2011
Egypt prosecutor unfreezes assets of 13 businessmen
Egypt's public prosecutor has unfrozen the assets of 13 businessmen on a list of people barred from trading because of…
Egypt still in talks with IMF on up to US$4 bln loan
Business
April 27, 2011
Egypt still in talks with IMF on up to US$4 bln loan
Kuwait--Egypt's government is still in talks with the International Monetary Fund for a US$3 billion to US$4 billion loan and…
Campaign calls for canceling Egypt’s debts amid credit rating downgrade
Business
March 31, 2011
Campaign calls for canceling Egypt’s debts amid credit rating downgrade
In an effort to ease its US$35 billion debt load, Egypt is hoping to change loan conditions and salvage the…
Stock market to resume trading on Wednesday
Egypt
March 12, 2011
Stock market to resume trading on Wednesday
The Egyptian stock market will re-open on Wednesday, said its head, Khaled Serri Seyam. Trading has been suspended since 27…
Egypt considers borrowing US$1billion to finance construction of power stations
Business
January 8, 2011
Egypt considers borrowing US$1billion to finance construction of power stations
The Ministry of Electricity and Energy is discussing borrowing US$1 billion to finance the forthcoming five year plan, reliable sources…
Women Entrepreneurs in Action: Invigorating the Arab microfinance sector
Life & Style
December 21, 2010
Women Entrepreneurs in Action: Invigorating the Arab microfinance sector
Sanabel is a regional microfinance network established in 2002 which aims to revolutionize the microfinance sector through elevating the capacity…
China Development Bank issues first Africa loan to Egypt
Business
November 12, 2010
China Development Bank issues first Africa loan to Egypt
The China Development Bank has issued the first in a series of loans China is offering to support small and…
Reluctance to loan, not financial capacity, inhibit Egypt’s SME growth
Business
October 28, 2010
Reluctance to loan, not financial capacity, inhibit Egypt’s SME growth
After years of government financial regulation, many Egyptian bankers finally see an opportunity to play a more effective role in…