Egypt, Germany to sign $250mn deal as 2nd tranche of KFW loan
Egypt and Germany on Tuesday will sign an agreement on the disbursement of the second tranche of a soft loan...
Finance
Saudis get behind $705mn railway project for Jordan
Saudi Arabia is bolstering efforts to shore up the economy of a fellow Arab monarchy with a 500 million-dinar ($705...
Egypt to hit 7% growth rate in 2021/22: Finance Ministry
Egypt is expected to achieve a growth rate of 7 percent during fiscal year 2021/2022, up from expectations of 5.8...
Lebanon could receive ‘large deposits’ soon: Deputy PM
Deputy Prime Minister Ghassan Hasbani said Sunday that Lebanon could receive significant bank deposits from allies soon. “What we’re looking...
Egypt receives €18mn grant from EU to finance 6 projects: minister
Egypt received grants worth €18 million for six development projects as part of the first phase of the European Union...
Lebanese government to implement CEDRE pledges and projects
The new Cabinet plans to start executing the Capital Investment Plan (CIP) which was agreed upon at the CEDRE conference,...
Bank Audi projects 2.5 percent GDP growth for Lebanon in 2019
Bank Audi has projected 2.5 percent GDP growth for Lebanon in 2019, heartened by the country’s formation of a government...
IMF board approves $2bn loan installment for Egypt
The International Monetary Fund board on Monday approved a $2 billion loan payment to Egypt, the latest in the country's...
Turkey to provide $5bn loan to Iraq: FM
Turkey will provide around $5 billion in loans for the reconstruction of Iraq, the foreign minister said on Sunday. “We...
Russia wants more projects in Iraq
Russian Foreign Minister Sergey Lavrov has said that Moscow is very interested in increasing trade, economic and investment ties with...
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