Tag: Loan

Economic reforms a ‘must’ for Egypt growth: Lagarde

IMF chief says there are “encouraging” signs in energy subsidy reform

Adam Koppeser Adam Koppeser

Kuwait’s Zain says finalises $800m, five-year loan facility

Reuters - Kuwait’s Zain has finalised an $800m, five-year loan facility from…

Daily News Egypt Daily News Egypt

Interim PM meets with IMF head Christine Lagarde at Davos

El-Beblawi briefs Lagarde on Egypt’s latest economic developments

Sara Aggour Sara Aggour

Egypt will return $3bn to Qatar this year

Reuters - Egypt will return $3 billion that were invested in bonds to Qatar when the…

Daily News Egypt Daily News Egypt

Fahmy meets Kuwaiti counterpart, discusses Syria

The Gulf country has recently announced measures to boost the Egyptian economy

Hend Kortam Hend Kortam

Egypt delays IMF loan decision, Gulf aid helps reform: Deputy PM

Any IMF deal would require economic reform commitments that the government might…

Daily News Egypt Daily News Egypt

IMF cautious on emerging economies

Growth rates in emerging market and developing economies are now down some…

Daily News Egypt Daily News Egypt

Bank loans achieve 8.2% growth during Morsi’s term, versus 6.7% a year earlier

When Morsi took office in July 2012, Egyptian bank loans totaled EGP…

Daily News Egypt Daily News Egypt

Transfer of $1bn from Kuwait to CBE set for next week: Ramez

Ramez added that the bank’s foreign currency reserves totaled $18.9bn by the…

Daily News Egypt Daily News Egypt

IMF committed to aiding Egypt

No official statement on whether or not negotiations were reinitiated after post…

Sara Aggour Sara Aggour