Latest in Highlight
Latest in
EBRD, MIIC ink two agreements to support Egypt’s railways
Ministry succeeds to provide transportation sector with $6bn in funds, says Nasr
Raya Foods gets €5m loan from EBRD to finance expansion plan
The loan is expected to be disbursed in two instalments, the first of €3.4m and the second of €1.6m, Khalil noted.
Egypt needs more investments to meet its increasing job needs: EBRD
Authorities should limit gaps between laws issuance, their application, effectiveness, says Ziad Bahaa El-Din
Egypt becomes largest country of EBRD operations in 2018
Bank invests €1.15bn through 19 projects in Egyptian economy
MIIC, EBRD discuss plans to launch foreign investment advisory board
Nasr stressed Egypt’s sturdy relation with EBRD, bank financed 49 projects with investments worth €2.6bn
Cabinet approves agreement with EBRD to upgrade metro
Agreement previously signed in August to develop line 1
EBRD’s annual investments in Egypt expected to eventually reach €2bn
Bank to buy shares of some governmental companies through IPO programme, says managing director
EBRD’s three vice presidents to visit Egypt in September
Large agreements expected to be signed during visit, EBRD managing director for SEMED region says
EBRD signs $200m funding to raise efficiency of SOPC
Bank’s investments in Egypt amounted to €2.7bn, Nasr says
EBRD investments in 2017 worth €665m
EBRD is currently working with 9 banks in Egypt with a total exposure of approximately €700m to finance SMEs
EBRD, QNB Alahli fund SMEs with $140m
The European Bank for Reconstruction and Development (EBRD) is partnering with QNB Alahli to support small- and medium-sized enterprises (SMEs) and energy efficiency in Egypt with a $140m financial package. QNB Alahli is one of the EBRD’s largest clients in the financial sector, with a partnership totalling $370m dedicated to supporting SMEs, trade, and the …
EBRD provides $100m to Savola’s United Sugar Company of Egypt
EBRD recently signed several loans and agreements with the Egyptian government, companies and banks
EBRD to provide $ 260m in direct financing to SMEs in 2016
EBRD aims to provide greater access to financing through domestic banks’ branch networks
EBRD continues supporting Egypt’s efforts to attract FDI in 2016
Egypt is important for EBRD, ranks number 4 in terms of investment among its 36 countries of operation
EU grants €32m for wastewater expansion project in Egypt
500,000 inhabitants in 79 villages in Kafr El-Sheikh to benefit from the project
NBK-Egypt targets 30% growth in different activities by year-end: Managing Director
Egypt is one of the most prominent markets focused on in the bank’s external strategy, says Hassan
International lenders see economic recovery in Egypt
IFC interested in investing in Suez Canal corridor project, says IFC MENA Director Mouayed Makhlouf
EBRD considers €160m loan for construction new Delta gas-fired power plant
Other projects include €24m Energy Efficiency Facility to finance small scale renewables and energy efficiency loans, €16m Women in Business facility
$20m loan to improve Egypt’s agriculture commodities sector
Fund helps to improve terminal’s utilisation rate and act as high logistics efficiency for ports
€55m European loan for sewage treatment project in Kafr El-Sheikh
Egypt needs more than EGP100bn to cover sewage all over Egypt: HCWW head
Large share of foreign aid goes to private sector, government: International cooperation minister
Egypt is counting on an increase in loans and grants from international funding agencies to support implementation of government projects and increase growth rates in the coming period
EBRD invests $713m in 15 projects in Egypt: Philip ter Woort
Bank meeting with consultancy firm to consider supporting Suez Canal Corridor projects, bank’s Egypt Director
3 finance institutions request private sector project funding: Finance Minister
These institutions include the International Finance Corporation (IFC), the European Bank for Reconstruction and Development (EBRD), and the European Investment Bank (EIB)
EBRD and IDB unit to launch $120m SME fund for Arab states
Reuters – The European Bank for Reconstruction and Development and the private sector arm of the Islamic Development Bank will launch a $120m fund to support small businesses in the southern and eastern Mediterranean region. The fund is part of the first agreement between the EBRD and the Jeddah-based Islamic Corporation for the Development of …
National Bank of Egypt signs $50m deal with European Bank for Reconstruction and Development
The agreement will help finance foreign trade operations
EBRD focuses on Egypt’s private sector
Development bank aims to offer support for agribusiness, help develop capital market
EBRD steps up lending to Arab states hit by unrest
The European Bank for Reconstruction and Development has expanded its mandate in the past few years to invest in Jordan, Tunisia, Morocco and Egypt after uprisings
European Bank announces support for government’s economic reform plans
The remarks came during a meeting between Gacek, Deputy Prime Minister and Minister of International Cooperation Ziad Bahaa El-Din, and Philip Tirrot, the director of the bank’s Cairo office.
EU €5bn aid to Egypt stands yet stymied by limited economic reform
Moran said he considers economic growth and Egypt’s inability to attract new investment among one of the largest challenges facing the country’s new government.
NGOs oppose European bank’s plan to fund oil drilling in Egypt
The European Bank for Reconstruction and Development proposes a $40m loan for Kuwait Energy to drill for oil