loans
CIB gives loan to new food transport company in Egypt
Business
October 24, 2011
CIB gives loan to new food transport company in Egypt
Egypt’s largest publicly traded lender, Commercial International Bank (CIB), signed an LE86 million loan agreement on 23 October with two…
Govt: IMF to toughen Egypt’s loan conditions
Business
October 9, 2011
Govt: IMF to toughen Egypt’s loan conditions
The International Monetary Fund (IMF) will impose more stringent conditions on loans to Egypt, a senior Egyptian government official told…
IMF delegation to visit Egypt over future borrowing
Business
October 2, 2011
IMF delegation to visit Egypt over future borrowing
International Monetary Fund (IMF) officials proposed to amend the conditions tied to Egypt’s request to borrow US$3 billion in June…
Japan to loan Egypt US$1.2 billion to fund Cairo Metro
Egypt
September 26, 2011
Japan to loan Egypt US$1.2 billion to fund Cairo Metro
Japan will loan Egypt US$1.2 billion to fund its fourth metro line, Egyptian Planning and International Cooperation Minister Fayza Abouelnaga…
Egypt accepts US$2 billion from World Bank
Business
August 11, 2011
Egypt accepts US$2 billion from World Bank
The Ministry of International Cooperation has accepted US$2 billion in grants and loans from the World Bank under the Partnership…
Egypt to borrow US$550mn for steam power station
Business
August 8, 2011
Egypt to borrow US$550mn for steam power station
The Egyptian government on Monday signed an agreement to borrow US$550 million from the African Development Bank to finance the…
IFC to invest, provide loan to Egypt’s OCI
Business
July 29, 2011
IFC to invest, provide loan to Egypt’s OCI
The International Finance Corporation (IFC), the World Bank's private-sector lending arm, said on Friday it would make a $50…
Transparency and borrowing
Opinion
July 16, 2011
Transparency and borrowing
In the midst of the excitement about our historic revolution, we as Egyptians are naturally facing challenges around our national…
Egypt rejection of IMF cash may slow recovery
Business
June 28, 2011
Egypt rejection of IMF cash may slow recovery
Egypt's decision to scrap plans to borrow from the International Monetary Fund may slow an economic recovery, delay a solution…
IMF to review proposed Egyptian budget changes
Egypt
June 23, 2011
IMF to review proposed Egyptian budget changes
WASHINGTON--Egypt has informed the International Monetary Fund of plans to revise the country's budget, an IMF spokesman said on Thursday.…