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FinMin to sign USD 250 mn loan agreement with JICA by year’s end
DEBT WATCH- Egypt could seal the first USD 250 mn tranche of a USD 500 mn loan from the Japanese…
Egypt stock of external debt reaches USD 115 bn in 2019 -World Bank
Egypt’s external debt grew 14.9% in 2019 to USD 115.1, from USD 100.1 bn the previous year, according to the…
Egypt in talks with Spanish lenders for USD 160 mn loans to buy sleeper trains
Egyptian National Railways (ENR) is in talks with unnamed Spanish lenders for a USD 160 mn loan to purchase six…
Diplo + Foreign Trade on 11 October 2020
Topping diplomacy news this morning: Egypt’s maritime border demarcation agreement with Greece got signoff from President Abdel Fattah El Sisi…
Falling inflation could lead to a delicate balancing act on interest rates
A delicate balancing act on interest rates: A too-sharp decline in Egypt’s September inflation figures could result in “consultations” with…
Samcrete to back Alday Development’s USD 12 mn EBRD loan
Samcrete has agreed to guarantee subsidiary Aldau Development’s planned USD 12 mn loan agreement with the European Bank for Reconstruction…
EIB approves EUR 750 mn loan for Egypt’s SMEs, World Bank mulls railway funding
DEBT WATCH- The European Investment Bank (EIB) has approved a EUR 750 mn facility for Banque Misr to on-lend to…
Banque du Caire receives USD 15 mn from Sanad for onlending to SMEs
Banque du Caire has received USD 15 mn from German development bank KfW’s Sanad Fund for on-lending to SMEs, a…
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