foreign loans
Egypt paid $30 billion in loans during 2017: Finance Ministry
Business
June 25, 2018
Egypt paid $30 billion in loans during 2017: Finance Ministry
Egypt’s Finance Ministry said on Sunday that the country has paid $30 billion in 2017 in bonds and external…
Egypt’s Banque Misr signs MoU with Chinese lender over US$500 mln loan
Business
December 19, 2016
Egypt’s Banque Misr signs MoU with Chinese lender over US$500 mln loan
Egypt's second-largest state-owned lender, Banque Misr, signed a memorandum of understanding with the Industrial and Commercial Bank of China (ICBC)…
Govt to hold more talks with IMF on loan next week
Business
April 11, 2013
Govt to hold more talks with IMF on loan next week
The Cabinet has made progress in talks with the International Monetary Fund (IMF) on a US$4.8 billion loan and will…
Thursday’s papers: Seizing on a silver lining
Egypt
April 11, 2013
Thursday’s papers: Seizing on a silver lining
Grabbing hold of a little good news, most papers Thursday highlight a $3 billion injection of economic aid from Qatar…
Egypt gets US$2 bn loan from Libya
Business
April 10, 2013
Egypt gets US$2 bn loan from Libya
Egypt and Libya finalized a US$2 billion loan agreement Wednesday evening to shore up the Egyptian economy and foreign reserves,…
Qatar pledges additional aid, gas deal for Egypt
Business
April 10, 2013
Qatar pledges additional aid, gas deal for Egypt
Qatar will provide Egypt with natural gas to fill the gap in its energy sector, particularly as summer approaches, Qatari…
Egypt may ask for larger IMF loan, minister says
Business
April 10, 2013
Egypt may ask for larger IMF loan, minister says
Egypt might ask the International Monetary Fund to increase a previously requested $4.8 billion (LE3.1 billion) loan to cover its…
Salafis oppose Saudi infrastructure loan, claiming ‘usury’
Egypt
February 11, 2013
Salafis oppose Saudi infrastructure loan, claiming ‘usury’
Salafi lawmakers have again cast doubts over the religious legitimacy of a loan, this time from Saudi Arabia, saying that…