Latest in Tag: EBRD Highlight
Latest in Tag: EBRD
EBRD approves €250m loan for Egypt’s Abu Qir metro project
Loan is part of investment package estimated at €1.6bn
EBRD approves $29.6m senior loan for Egypt’s 6th of October Dry Port
The European Bank for Reconstruction and Development (EBRD) has approved a senior loan of up to $29.6m (€25m) in favour of the October Dry Port Company (ODP), a joint stock company established in Egypt. The proposed loan is part of a total investment package of $60m to finance the design, development, construction, operation and maintenance …
Egypt, EBRD maintain close partnership developing green projects: International Cooperation Minister
Egypt has very close partnerships with the European Bank for Reconstruction and Development (EBRD) on developing green cities initiatives and endorsing plans towards green recoveries, according to Rania Al-Mashat, Minister of International Cooperation. She added that the Egyptian Government is making positive strides towards a green recovery, as its mission has not only been to …
Egypt’s growth forecast to rebound to 4.2% in 2021, 5.2% in 2022: EBRD
Growth was led by improvements in wholesale and retail trade, agriculture, telecommunications, and construction, says bank
Egypt, EBRD discuss joint cooperation as part of state priorities, bank’s 2021-2025 strategy
EBRD’s strategy is based on supporting transition to green economy; promoting equal opportunity for women and young people; and accelerating digital transition
Egyptian market shows price resilience amid COVID-19: EBRD
Bank is projected to invest more than €1bn in Egypt this year, says Heike Harmgart
Egypt, EBRD discuss executive position of joint transportation projects
EBRD delegation expressed great interest in cooperating with Egypt in field of green sustainable transport
AfDB, EBRD partner to promote sustainable private sector development in Africa
Agreement to help bridge $2.5trn annual financing gap for development in Africa
EBRD President visits Egypt’s business accelerator, Falak Startups
Egyptian government’s efforts to catalyse digitization, innovation is in line with third pillar of EBRD’s new strategy: Al-Mashat
Egypt’s 6th of October City joins EBRD’s urban sustainability programme ‘Green Cities’
€2.5bn EBRD Green Cities programme to provide finance to invest in sustainable municipal infrastructure to help cities become greener
Egypt, EBRD address extending projects in green economy, infrastructure
EBRD chief Odell Reno-Paso is expected to visit Cairo this month, first visit to one of bank’s operations in region since she took office last November
Egypt, EBRD discuss stimulating private sector engagement in development efforts
Meeting discussed preparations for EBRD President’s first visit to Egypt
EBRD awards €1m to new dry port development in Egypt
Project to improve logistics, increase trade competitiveness in Egypt, says European bank
EBRD shareholders agree to UAE membership
Inclusion of UAE as member will open new opportunities across EBRD regions
Prime Minister asserts importance of Egypt’s Green Recovery projects
EBRD is willing to support Egypt’s Green Recovery strategy, says bank President Odile Renaud-Basso
Egypt top recipient of EBRD’s investments in SEMED region during 2020
Country accounted for more than €1bn of bank’s total €2.13bn development financing provided to SEMED countries, says Minister Al-Mashat
Egypt, EBRD, UNWTO sign COVID-19 Tourism Recovery Assistance Package
Package aims to promote tourism sector’s resilience, sustainability, and inclusive growth
EBRD grants $12m loan for new hotel serving Grand Egyptian Museum, Giza Pyramids
Project to generate over 300 jobs, promote women’s inclusion, funded by SEC
EBRD, TAQA Arabia promote private-to-private renewable energy in Egypt
Loan of up to $10m to TAQA PV for Solar Energy’s projects
EBRD grants Egypt €226m to purchase railway trains: Transportation Minister
During the meeting, the two sides discussed the executive position of a number of joint projects being implemented, and future cooperation between the two in the fields of railways, subways, maritime transport, and land and dry ports.
EBRD, Egypt launch country’s 1st gender awareness campaign
Two sides set up joint efforts to deliver safer transport services
EBRD to approve €20m for Amethis MENA Fund II in February 2021
The project’s total cost stands at €150m, with the EBRD’s participation in the Fund set to enable it to achieve a first closing.
Egypt’s Shoukry, EBRD discuss ways to enhance cooperation
Egypt achieves highest growth rate among 39 of EBRD’s countries of operations
EBRD to invest €950m in Green Cities programme over next 3 years
More than €2bn will be dedicated to supporting EBRD Green Cities
EBRD, partners acquire Egypt’s Adwia Pharmaceuticals
EBRD commits $75m to support the company’s growth in Egypt
EBRD offers €220m to boost green finance programmes in Egypt
The programmes are complemented by EU grants of more than €30m and GCF concessional co-financing, as well as technical assistance of up to $24m.
EBRD grants €2bn to banks in Egypt for on-lending to SMEs during COVID-19
World faces at least three immediate challenges, namely supporting economic recovery, building back better, and combating climate change, says EBRD
EBRD, EU, GCF partner to boost green finance in Egypt
Green financing of €220m will be made available through local financial institutions
Water, Irrigation Minister discusses cooperation with EBRD representatives
Meeting also touched on current negotiations over filling, operation of GERD
EBRD grants Banque du Caire $50m loan to support MSMEs
The loan will assist the Egyptian bank in developing its MSME lending activities, and expand access to finance for underserved MSMEs.