Latest in Tag: EBRD Highlight
Latest in Tag: EBRD
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
Meeting discussed preparations for EBRD President’s first visit to Egypt
Project to improve logistics, increase trade competitiveness in Egypt, says European bank
Inclusion of UAE as member will open new opportunities across EBRD regions
EBRD is willing to support Egypt’s Green Recovery strategy, says bank President Odile Renaud-Basso
Country accounted for more than €1bn of bank’s total €2.13bn development financing provided to SEMED countries, says Minister Al-Mashat
Package aims to promote tourism sector’s resilience, sustainability, and inclusive growth
Project to generate over 300 jobs, promote women’s inclusion, funded by SEC
Loan of up to $10m to TAQA PV for Solar Energy’s projects
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.
Two sides set up joint efforts to deliver safer transport services
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 achieves highest growth rate among 39 of EBRD’s countries of operations
More than €2bn will be dedicated to supporting EBRD Green Cities
EBRD commits $75m to support the company’s growth 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.
World faces at least three immediate challenges, namely supporting economic recovery, building back better, and combating climate change, says EBRD
Green financing of €220m will be made available through local financial institutions
Meeting also touched on current negotiations over filling, operation of GERD
The loan will assist the Egyptian bank in developing its MSME lending activities, and expand access to finance for underserved MSMEs.
Bank’s new strategy will focus on accelerating post-COVID-19 recovery, strengthening private sector through increased share in investments
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
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.
The virtual event will also announce the election of the EBRD’s new president, after the end of Suma Chakrabarty’s term.
Country is only economy across all EBRD regions likely to escape recession in 2020
Fund to focus on small- and medium-sized enterprises in Egypt
Green Technology Selector identifies more than 26,000 green technologies that benefit from EBRD support
Loan aims to support company’s working capital requirements
Egypt’s International Cooperation Minister and ERBD unveil 2021-2025 Economic Recovery Plan to push for green, inclusive, and digitalised future
Project will add 200 MW of renewable energy to national electricity grid capacity