The European Bank for Reconstruction and Development (EBRD) is providing a €13.7 million loan to Alumil Misr for Trade & Industry SAE, the Egyptian subsidiary of Alumil SA
Updated 3/4/2026 7:45:00 AM
The International Monetary Fund (IMF) Executive Board has completed the combined fifth and sixth reviews of Egypt’s economic reform program under the Extended Fund Facility (EFF), alongside the first review under the Resilience and Sustainability Facility (RSF).
Updated 2/26/2026 8:26:00 AM
The International Monetary Fund’s (IMF) executive board will meet at the end of the month to consider approving the fifth and sixth reviews of Egypt’s $8 billion Extended Fund Facility (EFF) program, as stated by IMF Managing Director Kristalina Georgieva.
Updated 2/8/2026 8:53:00 AM
Minapharm Pharmaceuticals' board of directors has discussed the terms and conditions of a loan worth €13.25 million from the European Bank for Reconstruction and Development (EBRD).
Updated 1/22/2026 1:10:00 PM
The Central Bank of Egypt (CBE) announced that the industrial sector remained the largest recipient of bank financing, accounting for around 61% of the total loan portfolio by the end of March 2025, according to the CBE's Financial Stability report.
Updated 10/19/2025 12:07:00 PMJuhayna Food Industries has signed a medium-term loan agreement with Commercial International Bank (CIB) worth $31.6 million and EGP 255 million, with a combined value equivalent to approximately EGP 1.9 billion.
Updated 5/28/2025 9:44:00 AM
The International Monetary Fund (IMF) has completed the fourth review of Egypt’s economic reform program under the Extended Fund Facility (EFF), enabling the country to access approximately $1.2 billion.
Updated 3/12/2025 8:19:00 AM
The International Monetary Fund (IMF) has approved the disbursement of $1.2 billion in a new tranche under Egypt’s $8 billion loan program, Minister of Finance Ahmed Kouchouk stated.
Updated 3/11/2025 7:29:00 AM
A coalition led by Giza Zoo developer Hadayeiq is seeking to borrow EGP 2.3 billion ($74 million) from local banks, led by the National Bank of Egypt (NBE), to continue development work at the Zoo and the botanical Orman Park.
Updated 2/11/2025 11:00:00 AM
The International Monetary Fund (IMF) is expected to discuss a $1.2 billion tranche to Egypt in the coming weeks, following the completion of the Extended Fund Facility’s (EFF) fourth review.
Updated 2/9/2025 4:22:00 AM
The International Monetary Fund (IMF) and the Egyptian governoment have reached a staff-level agreement on the fourth review of the Extended Fund Facility (EFF).
Updated 12/25/2024 7:35:00 AM
The European Bank for Reconstruction and Development (EBRD) has approved a $275 million syndicated loan for a 1.1 GW wind farm project in the Gulf of Suez, developed by Saudi-based ACWA Power and Hassan Allam Utilities.
Updated 12/24/2024 8:39:00 AM
El Zahy Group, a local player in the construction sector, has signed a syndicated loan agreement worth EGP 4.2 billion with the National Bank of Egypt (NBE), Banque Misr, and QNB Egypt.
Updated 12/24/2024 8:18:00 AM
The International Monetary Fund (IMF) has confirmed that discussions on the fourth review of Egypt's economic reform program are ongoing and being conducted virtually.
Updated 12/22/2024 4:07:00 AM
The European Commission has approved the disbursement of a €1 billion loan to Egypt.
Updated 12/22/2024 4:00:00 AM
Ezz Steel (ESRS) has secured a loan from Emirates NBD Bank to finance the delisting process from the Egyptian Stock Exchange (EGX)
Updated 12/9/2024 9:45:00 AM
Egyptian Prime Minister Mostafa Madbouly announced that the International Monetary Fund's (IMF) fourth review of Egypt's economic reform program will conclude in two days.
Updated 11/21/2024 4:08:00 AM
Banque Misr has spearheaded a banking alliance, including EG Bank, and Suez Canal Bank, to extend joint financing worth EGP 2.8 billion to Landmark Developments.
Updated 11/20/2024 8:22:00 AM
Abu Dhabi Commercial Bank - Egypt (ADCB - Egypt) has signed a cooperation agreement with the National Authority for Tunnels (NAT) to provide a long-term credit facility valued at EGP 4.5 billion.
Updated 11/18/2024 8:05:00 AM
The Egyptian authorities did not request an increase in the fourth tranche of its loan program with the International Monetary Fund (IMF) to $2 billion.
Updated 11/12/2024 9:48:00 AM