Tag: Loan

EBRD approves $100m solidarity loan to Egypt’s Banque Misr

Proceeds of proposed loan will be on-lent to local SMEs, corporates

Shaimaa Al-Aees Shaimaa Al-Aees

Banque du Caire arranges EGP 670m syndicated loan to Marakez

Loan to finance 50% of total estimated investment cost of Mall of…

Hossam Mounir Hossam Mounir

EBRD approves $50m loan for Gulf of Suez wind farm

The plant is to be located in the Gulf of Suez, approximately…

Shaimaa Al-Aees Shaimaa Al-Aees

Egypt, AMF sign $639m loan to support financial sector reform

WAM reported, on Wednesday, that the loan agreement was signed last week,…

Daily News Egypt Daily News Egypt

IFC provides CIB Egypt $100m loan to support businesses disrupted by COVID-19

IFC’s commitments in Egypt since 2005 has reached $4bn

Shaimaa Al-Aees Shaimaa Al-Aees

CIB obtains $100m support loan from CDC

Loan forms part of executive management plans to strengthen CIB’s capital base,…

Daily News Egypt Daily News Egypt

NBE, AAIB mull $750m loan for Abu Tartur phosphate project

Project’s implementation is likely to start in 4Q 2020

Daily News Egypt Daily News Egypt

Banque Misr arranges EGP 1.5bn loan to finance Damietta Furniture City

Project aims to establish integrated industrial city that includes furniture manufacturers and…

Hossam Mounir Hossam Mounir

Egypt’s new IMF loan agreement stimulates stock market

The benchmark index EGX30 closed at 11,108 points, while the EGX70 EWI…

Alyaa Stohy Alyaa Stohy

New IMF loan slows down US dollar appreciation against Egyptian pound

Egypt’s foreign reserves fall to $36.0037bn in May, from $37.037bn in April,…

Hossam Mounir Hossam Mounir