Other Business News of Note

House approves EUR 225 mn loan from KFW development bank

by enterpriseam adminEgypt Edition23 June 2019

Read Full Issue

The House of Representatives has approved a second, EUR 225 mn (c.USD 256 mn) tranche of a USD 450 mn facility from Germany’s KfW development bank to close the state budget’s financing gap, Mubasher reported. The tranche was approved by the government in March.

Related

Tags:

debt Finance House of Representatives Other Business News of Note state budget

More from Enterprise

Banking

Banks set for acquisition rush as CBE scraps 40% ownership cap for financial companies

Banks set for acquisition rush as CBE scraps 40% ownership cap for financial companies

The CBE will by extension see its oversight of these…

Finance

Miga guarantee unlocks USD 313 mn for National Bank of Egypt trade finance

Miga guarantee unlocks USD 313 mn for National Bank of Egypt trade finance

Plus: Incolease taps securitization market with debut EGP 2 bn…

Capital Markets

Egypt looks to restart privatization push with five new EGX filings

Egypt looks to restart privatization push with five new EGX filings

Egypt is looking to temporarily list 20 state-owned companies this…

Fintech

Telda moves into investing with zero-fee stock trading

Telda moves into investing with zero-fee stock trading

Telda claims users can sell a position and immediately spend…

Now Playing

Now Playing

00:00

00:00