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" tranche"

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Business - Economy
3/31/2024 12:10:06 PM
Prime Minister Mostafa Madbouly disclosed that Egypt is set to receive the initial tranche of $820 million from the International Monetary Fund (IMF) expanded loan next week, along with the second tranche from the Ras El-Hekma deal in early May.

Business - Economy
3/1/2024 5:49:00 PM
Egypt received an additional $5 billion as the final part of the first tranche of the $35 billion Ras El-Hekma deal with the United Arab Emirates on Friday, the Egyptian Cabinet stated.

World - War in Ukraine
6/28/2023 6:40:04 PM
The United States late on Tuesday announced a fresh tranche of arms to bolster Ukraine's mounting counteroffensive against Russian forces, including armored vehicles, precision munitions and mine-clearing equipment.

Business - Markets & Companies
5/28/2023 3:29:00 PM
The Egyptian Exchange (EGX) announced on Sunday the successful execution of the second and last tranche of a deal to sell a governement owned 10 percent stake in Telecom Egypt, the country's largest telecom operator.

Business - Economy
5/17/2023 7:54:47 PM
The European Investment Bank (EIB) and ALEXBANK, a subsidiary of Intesa Sanpaolo Group in Egypt, announced on Wednesday the release of a new tranche of $15 million for renewable and efficiency financing.

Business - Economy
4/30/2023 11:11:29 PM
Japan will provide funding worth 100 billion Japanese yen (around $733 million) to Egypt in the third tranche to finance Cairo’s fourth metro line, Egyptian Prime Minister Mostafa Madbouly said on Sunday.

World - War in Ukraine
1/17/2023 4:31:54 PM
Ukrainian President Volodymyr Zelensky said Tuesday his war-torn country had received the first instalment of an 18-billion-euro loan from the European Union to get through 2023.

Business - Economy
1/10/2023 9:59:00 PM
Egypt is set to receive the second tranche of the $3 billion loan it secured from the International Monetary Fund (IMF), estimated at around $347 million, by the end of March, following the completion of the first review of the loan programme, the IMF Mission Chief for Egypt, Middle East and Central Asia Department Ivanna Vladkova Hollar said on Tuesday.

Egypt - Urban & Transport
12/27/2022 9:23:22 PM
Egypt signed on Tuesday a $301 million loan agreement with Japan as the second tranche of a development financing to fund the first phase of Metro’s Fourth line in Cairo, the Ministry of International Cooperation said.

Business - Economy
12/23/2022 6:18:00 PM
Late Friday, the Executive Board of the International Monetary Fund (IMF) approved a $3 billion 46-month loan deal for Egypt under the Fund’s Extended Fund Facility (EFF) with an immediate disbursement of about $347 million as a first tranche of the loan amount.

Business - Economy
12/7/2022 6:30:51 PM
​Egypt will receive the first tranche of its $3 billion IMF loan immediately after the IMF board meeting on Friday 16 December, or within 10 days, said head of the House's Budget Committee Fakhri El-Fiqi, who affirmed the loan will help shore up the country's foreign currency reserves.

Business - Economy
12/5/2022 3:34:24 PM
Egypt hopes to receive in December the first tranche, worth $750 million, of the $3 billion loan from the International Monetary Fund (IMF), Minister of Finance Mohamed Maait said in statements to Alsharq Bloomberg on Sunday.

Business - Energy
11/8/2022 3:04:00 PM
The European Bank for Reconstruction and Development (EBRD) released $5.5 million as a new tranche financing to TAQA PV for Solar Energy, TAQA Arabia’s renewable energy subsidiary, under its existing facility for green private-to-private projects, the EBRD announced on the sidelines ofthe COP27 in Sharm El-Sheikh on Tuesday.

Egypt - Foreign Affairs
9/15/2022 8:28:51 PM
The Biden administration said on Wednesday that it will provide Egypt with much of the $300 million tranche of annual military aid that has been conditioned on human rights improvements, according to the AP.

War in Ukraine - Military
8/1/2022 10:06:31 PM
The United States announced Monday a new tranche of weapons for Ukraine's forces fighting Russia, including ammunition for increasingly important rocket launchers and artillery guns.

Al-Ahram Weekly - Egypt
11/12/2021 1:29:00 PM
Starting next month, government offices and state employees will begin a gradual move to the new capital.

Business - Economy
8/16/2021 1:27:42 PM
The $639 million loan is meant to help Egypt implement economic and financial reforms

Business - Economy
7/25/2021 2:27:12 PM
The comprehensive technical education agreement in Egypt is the last one to receive financing within the second tranche of the second phase of the debt swap program between Egypt and Germany

Business - Economy
6/23/2021 8:18:00 PM
The SBA loan has helped Egypt replenish its international reserves that were severely hit by the pandemic, declining to $36 billion in March, down from $45.5 billion by the end of February 2020

Business - Economy
5/26/2021 4:41:00 PM
Egypt will receive the final tranche in June if the IMF approves the results of the review

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