Latest in Tag: the European Bank for Reconstruction and Development Highlight
Latest in Tag: the European Bank for Reconstruction and Development

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 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

Egypt receives €459m in EBRD investments in H1 of 2020
This compares to the €166m granted to Egypt EBRD in 2019, as it rapidly responded to the needs of emerging economies grappling with the impacts of the novel coronavirus (COVID-19) pandemic.

EBRD to invest EGP 1.5bn in NUCA bond issuance
Bank has leant its support to Egypt’s largest local currency bond issuance

EBRD, UNWTO join forces to boost tourism recovery
The rapid spread of the novel coronavirus (COVID-19) has had a significant impact on many sectors of the global economy, with tourism being among the hardest hit.

NBK Egypt to on-lend $100m EBRD loan to private firms needing short-term financing
Egypt, EBRD partnership responds to liquidity needs for SMEs, corporates experiencing economic slowdown or increased capacity needs due to COVID-19, says Minister Al-Mashat

EBRD to direct €200-300m for Egypt’s SMEs in 2020
We hope to assist 200 projects through new Ismailia office, says Khalid Hamza

EBRD to lend Almarai $100m for dairy investments in Egypt, Jordan
Bank invested over €7.6 bn in more than 165 projects in both countries

EBRD, IFC co-support healthcare sector in Egypt, Morocco
$125m under “Commodity Murabaha” to improve hospitals services’ quality

EBRD prepares a €200m tourism framework in Egypt
100% of our new tourism commitment is with the private sector, says Banks’ VP

EBRD, Egypt discuss developing country’s water desalination sector
Offering military owned enterprises on EGX to unlock FDI to Egypt, says Harmgart

Egypt continues to be EBRD’s success story in SEMED
The bank’s investments in 2019 to exceed €1bn

EBRD boosts support to Egypt’s microfinance sector
Bank announces new loan for TMES under its WiB programme

EBRD’s First Vice President in Egypt to follow up on his latest visit
Rigterink will sign new projects for Egypt

Egypt, EBRD in constant dialogue to further support water, sanitation sector
Sector seizes 20% of the bank’s investments in Egypt with €310m, says Heckman

EBRD is willing to invest in developing Egypt’s tourism sector
Egypt to participate in annual conference of Saudi Arabia’s sovereign wealth funds

EBRD appoints Khalid Hamza as deputy head for Egypt’s office
The European Bank for Reconstruction and Development (EBRD) has appointed Khalid Hamza as the new deputy head of its office in Egypt. Based in Egypt, Hamza will assume his role on 1 May, succeeding Catharina Bjorlin Hansen. As deputy head of Egypt, he will work on the EBRD’s investments and operations in the country, supporting …

EBRD to roll out programme to develop Egyptian municipalities’ infrastructure
Bank committed to improving quality of infrastructure which will develop economy, says Nandita Parshad

EBRD, Egypt discuss speeding up country’s economic reforms
Bank to assist government toward privatisation, says Rigterink

EBRD launches renewable energy technical cooperation programme in Egypt
Programme will mainly focus on strengthening gender equality

EBRD committed to boost African continent’s integration
EU Commission, JICA, KfW highlight aspects of cooperation with African countries

EBRD hopes to establish ‘foreign investors council’ in 2019
Egypt can continue being first country of bank’s operations this year, says EBRD’s managing director for SEMED

EBRD’s president visits Egypt, meeting Al-Sisi, Madbouly
Chakrabarti to sign 2 MoUs with local organisations on Thursday

EBRD launches new agribusiness strategy in regions of operation
Strategy recognises balance between demand for agricultural produce, impact of production processes on environment

EBRD raises expectations for Egypt’s economic growth
Positive outlook meets latest IMF projections

EBRD provides 7 Egyptian banks $225m
Funding is reallocated for SMEs, women, green projects, and foreign trade

EBRD predicts 4.5% growth in Egypt in FY 2017/2018
The growth is supported by economic reform, export rebound, and tourism sector recovery

EBRD grants Egypt $ 352.3 m for renewable energy projects
renewable energy projects total cost is estimated at US $ 1b

European institutions launch green investments programme in Egypt
The institutions taking part in launching the GEFF programme have announced their support to green investments in Egypt at a time of rising energy prices

EBRD lends NBD–Egypt $125m to support its capital base and stimulate growth
Emirates NBD-Egypt and the European Bank for Reconstruction and Development (EBRD) signed an agreement for a $125m subordinated loan to augment Emirates NBD Egypt’s capital base and support its growth strategy aimed at becoming a leading private sector bank in Egypt. The subordinated loan qualifies as a tier 2 capital as per the recently modified …