Latest in Tag: EBRD Highlight
Latest in Tag: EBRD
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 GERDÂ
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.
EBRD increases annual funding for 2021-2025 economic recovery plan to €13bn
Bank’s new strategy will focus on accelerating post-COVID-19 recovery, strengthening private sector through increased share in investments
EBRD shareholders elect France’s Odile Renaud-Basso as next president
Egypt became EBRD largest market for investment for the second year in a row, with investments reaching €1.2bn in 23 projects, says Rania Al-Mashat
EBRD to grant $250m sovereign loan to Egypt’s APC
The loan will exclusively finance a package of energy and water efficiency investments to modernise and upgrade the APC’s refinery with processes capable of producing higher value added products.
Egypt’s International Cooperation Minister participates in EBRD annual meeting discussing 2021-2025 Strategy
The virtual event will also announce the election of the EBRD’s new president, after the end of Suma Chakrabarty’s term.
Egypt to see 2020 growth drop to 2%, rebound to 5% in 2021: EBRD
Country is only economy across all EBRD regions likely to escape recession in 2020
EBRD grants $50m to boost LCP Fund II
Fund to focus on small- and medium-sized enterprises in Egypt
UNWTO, EBRD join forces on post-COVID-19 sustainable tourism recovery
Green Technology Selector identifies more than 26,000 green technologies that benefit from EBRD support
EBRD grants Orascom Construction $25m working capital loan
Loan aims to support company’s working capital requirements
EBRD invests in 16 projects in Egypt this year: Acting President
Egypt’s International Cooperation Minister and ERBD unveil 2021-2025 Economic Recovery Plan to push for green, inclusive, and digitalised future
EBRD grants $14m equity loan, co-finances $40m for Egypt’s Kom Ombo solar plant
Project will add 200 MW of renewable energy to national electricity grid capacity
EBRD grants Olam International Limited $200m loan to strengthen agribusiness
Bank grants finance to strengthen agribusiness value chain, trade across Eastern Mediterranean, Eastern Europe, and Black Sea regions
EBRD grants $100m to Banque Misr under Trade Facilitation Program
Banque Misr got another $100m loan that will be on-lent to local SMEs, corporates
EBRD approves $100m solidarity loan to Egypt’s Banque Misr
Proceeds of proposed loan will be on-lent to local SMEs, corporates