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Another USD 2.6 bn in ITFC financing on the horizon?
Egypt to get USD 2.6 bn in financing from ITFC? The International Islamic Trade Finance Corporation (ITFC) has approved USD…
Korean presidential visit brings USD 1.3 bn in new financing, raft of cooperation agreements
We could have a trade agreement with South Korea soon: President Abdel Fattah El Sisi and South Korean President Moon…
Egypt takes out USD 10.3 bn of development loans in 2021
Egypt borrowed USD 10.3 bn from bilateral and multilateral lenders in 2021, according to the International Cooperation Ministry’s annual report…
Egypt to receive USD 1 bn soft loan from South Korea
South Korea will provide a USD 1 bn soft loan to Egypt, the country’s ambassador to Cairo, Hong Jin-wook (Twitter),…
APICORP and IsDB launch USD 1 bn Infra Initiative
Apicorp and IsDB launch USD 1 bn Infra Initiative: Arab Petroleum InvestmentsCorporation (Apicorp) and the Islamic Development Bank (IsDB) have…
Egypt admitted as new member of NDB
Egypt is now part of the BRICS-led New Development Bank (NDB) after the bank admitted us as a member thanks…
A slice of the GBP 2 bn pie?
Could Egypt get a slice of CDC’s planned GBP 1.5-2 bn in annual investment between 2022 and 2026? CDC Group,…
More green finance from the EBRD
EBRD pumps more USDs into Egypt: Intro Sustainable Resources (IRS) is in line to receive USD 5.3 mn in green…
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