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Banque du Caire, EIB sign $100m loan agreement to finance SMEs
Fayed also emphasised that Banque du Caire’s keenness to boost and diversify its foreign currency funding resources is directed at financing SMEs, which are a cornerstone in economic growth and sustainable development.
EIB, CEPI sign advisory agreement accelerating vaccines development
The partnership, delivered through the InnovFin Advisory programme, will see the EIB provide strategic financial advice and support to CEPI and its members on how best to accelerate vaccine development.
EIB part of far-reaching discussions to support Egypt through COVID-19: Dario Scannapieco
EIB offers additional funding for medical supplies, equipment needed according to Egypt’s crisis response
EIB contributes €5.2bn to non-EU COVID-19 fight
The EIB, a publicly owned bank whose shareholders are the EU member states, said the financing comes as part of the Team Europe response to the pandemic. It added that the funds are supported by guarantees from the EU budget.
EIB to create €25bn pan-European fund supporting European economy
EIB Group’s coronavirus response will support financing of up to 1.5% of Europe’s GDP
Egypt, EIB agree to invest in new sectors including climate change adaptation
Bank’s current portfolio exceeds €2.3bn
EIB Group financing increases by 13% to more than €72bn in 2019
Share of climate financing rises to 31% of EIB’s total
EIB to maximise support for clean energy investments
The Bank has provided more than €50bn for energy investment worldwide over the last 5 years
EIB invests €9.2bn in more than 100 projects in Egypt
A total of 27 contracts were signed for a total value €4bn from 2015 to 2019, with average amount per year was hence €800m, says Scannapieco
BM signs a loan agreement with the EIB worth € 500m to finance SMEs
Banque Misr’s portfolio of SMEs reaches EGP 26bn by the end of September 2019
EIB appoints Alfredo Abad as new Cairo office leader
“Abad’s previous experience covering multilateral development and external relations will make a significant contribution to reinforcing the effective engagement of the EIB as a leader financier in Egypt,” the EIB announced in a statement.
Cairo Water Week: The EIB supports water projects in Egypt with four projects since 2018
EIB grants Alexandria West Wastewater Treatment Plant with €20m, expected to be signed by year-end, says EIB’s Mashreq Unit head
EBRD, EIB, WBG conduct ‘Business Environment, Enterprises Performance Survey’
Survey to run in 40 countries, including Egypt, says EBRD’s Chief Economist
EIB confirms support for €498m transformational investment across Africa at Vienna summit
For transforming sustainable transport, EIB provides €350m for Cairo Metro
MSMEDA obtains €15m grant from EIB to fund infrastructure, community projects in 6 governorates
Projects benefit 2 million Giza, Alexandria, Sharqia, Menoufia, Port Said, Assiut inhabitants, creates 320,000 daily jobs
EIB provides €229m to support infrastructure in Egypt
Bank invests $11.3m in Sawari Ventures’ fund
EIB provides €521m to support Egypt’s private sector development in seven months
The Kitchener drain project with a fund of €214m is expected to be signed by the end of 2018 with increasing finance to the private sector with a fund of €375m, the European Investment Bank (EIB) Vice President Dario Scannapieco told Daily News Egypt.
Egypt has opportunity to transition to higher growth levels: EIB
EIB looks forward to sign Fayoum Wastewater Expansion Project, says vice president
EIB approves €1.8bn investments for Egypt, Jordan, Lebanon, Morocco, Tunisia
EU member states give €130m grant to create jobs, improve education, transport, water, energy
EIB expects further technical grants for Kafr El-Sheikh Wastewater Expansion project
Project’s total cost estimated at €163.5m, European Investment Bank providing about 47%
Approximately €200m construction cost of Alexandria West Wastewater Treatment Plant: EIB
EIB has long list of interesting projects under appraisal in transport, energy, environment, SMEs sectors, says Palanza
The Egyptian Banking Institute (EIB) is organising a seminar on financing green projects
The Research and Awareness Department at the EIB is organising a seminar for journalists on Wednesday, entitled “Financing Green Projects”. Hoda Sabri, a financial and banking expert, has worked for several years in foreign banks inside and outside Egypt in the fields of project finance and credit, branch management, investment and corporate finance, and small …
EIB provides €920m of finance to Egypt’s traditional, renewable energy since 2011
EIB welcomes the country’s actions to make reforms that have long term objectives, says Vice President
3 credit lines totalling €619m to support SMEs, Mid-cap Fund in Egypt
The EIB has provided EUR 2.7bn to the private sector in the region
€740m loan to support Egypt’s economy: European Investment Bank
EIB is providing a €100m loan to the Qatar National Bank to support SMEs
57% of Egypt’s companies are isolated from banks’ finance: EIB chief economist
Despite the progress accomplished by the government, effort is still needed to facilitate more investors and the private sector, says minister
60% of EIB investment in MENA region directed to Egypt in 2015-2016: chief economist
Among other ventures planned for the near future, the European Investment Bank expects to sign a loan worth €115m with the Gulf of Suez Wind Farm, says EIB’s chief economist Debora Revoltella
International conference on private sector to kick off in July
The conference will go by the name ‘What’s Holding Back the Private Sector in MENA? Lessons from the Enterprise Survey’
EIB provides €200m for Egypt’s third metro line: Cooperation Minister
It is expected that all stages of the third line of the metro will be completed in 2022, with a total length of 40.4 km, says Nasr
EU grants €32m for wastewater expansion project in Egypt
500,000 inhabitants in 79 villages in Kafr El-Sheikh to benefit from the project