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A refinery expansion inside urban Cairo is receiving hundreds of dollars in "development" lending, despite a popular campaign against construction. The Mostorod Refinery Project - part-owned by private equity firm Citadel Capital - is situated in Northern Cairo, between Shobra El-Kheima and Mostorod.

Cairo, Egypt [RenewableEnergyAccess.com] Japan Bank for International Cooperation (JBIC) will loan 10,665 million yen [USD $90,000] to the Arab Republic of Egypt for materials, equipment and consulting necessary for the construction of a 150 MW integrated solar combined cycle power plant in the Kuraymat district, which is about 100 km south of Cairo.

Thu Apr 12, 2012 5:59am EDT * Minister confident loan will be sealed next month * Muslim Brotherhood won't accept loan without new terms or govt, due in June * IMF had made broad political support a condition CAIRO, April 12 (Reuters) - Egypt's government expects to seal a loan from the International Monetary Fund by May 15, allowing the money to be disbursed before a new president is sworn in at the end of June, the country's Finance Minister Mumtaz al-Saeed said on Thursday.

Egypt's government expects to seal a loan from the International Monetary Fund by 15 May, allowing the money to be disbursed before a new president is sworn in at the end of June, Finance Minister Momtaz al-Saeed said on Thursday. "We expect to get approval of the IMF loan before 15 May," Saeed told reporters in Cairo.

"الحملة الشعبية لإسقاط ديون مصر تدين قرض صندوق النقد"

SCAF has not raised Egypt's foreign debt ceiling, so far: Official The IMF may yet ink a $3 billion loan deal with Egypt despite disagreements between the country's military and finance and planning ministries over foreign borrowing, an insider tells Ahram Online Salma Hussein, Thursday 27 Oct 2011 The current visit of an IMF delegation to Cairo could end up yielding a loan agreement, a finance ministry official has told Ahram Online on condition of anonymity.