Latest in Tag: EBRD Highlight
Latest in Tag: EBRD

Audi Bank-Egypt EBRD sign $30 loan agreement to support SMEs in Egypt
The ERBD will use the loan to further its strategy in Egypt which aims to bolster economic development through the provision of funding for small and medium enterprises

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

Sahar Nasr signs €100m metro deal with EBRD
Deal signed at Mega Projects conference will include 13 new metro cars

EBRD remains committed to Egypt, SMEs
EBRD presents its products to Assuit’s business community

EBRD allocates $500m for Egypt’s solar programme
Programme targets production of 2,000 MW with 40 projects of approximately 50 MW each, says EBRD

EBRD allocates €1bn to support SMEs automotive sector
FEI to request parliament to contribute to economy reform in collaboration with civil society organisations

$200m EBRD loan to address Egypt’s energy shortage
Loan to construct new 1.8 GW combined cycle gas-fired power plant in Damanhour

EBRD, PPP Unit negotiate engagement of private sector in infrastructure projects: EBRD Director
EBRD supports PPP Unit through a strategy study to develop the use of the Nile for cargo shipment, says ter Woort

National Bank of Egypt and EBRD launch programme for businesswomen in Egypt
The launch ceremony reviewed the financial and non-financial service packages that will be provided to projects headed by Egyptian businesswomen.

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

EBRD to focus on financing renewable energy projects in Egypt
Bank received funding requests from 67 companies, hundreds of millions of euros were allocated, says director

EBRD loans NBK – Egypt $50m to finance SMEs
The loan contract was signed on Thursday by Managing Director of NBK – Egypt, Yasser Hassan, and EBRD Director for Egypt, Philip ter Woort.

International cooperation minister to meet with heads of WB, IDB, and EBRD
Sahar Nasr headed to Lima, Peru to attend World Bank and IMF annual meetings

Newly appointed international cooperation minister to attend WB meetings
Sahar Nasr affirmed that the ministry is working on receiving needed financing for national development projects

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

EBRD will see financing portfolio in Egypt rise to €2bn this month: El-Ahwani
17 settlements in international arbitration cases against Egypt, seven more are being contained
Egyptian firms fear political instability, corruption: EBRD
Firms also identified informal sectors as one of the main obstacles they face in Egypt, the EBRD’s latest report highlighted
$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
EBRD provides ADES with $28m loan
Loan sought as milestone for company to boost competitive private sector advantage, says co-founder
EBRD provides $30m to NBE for small business development
Loan follows $50m provided in December 2013

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)

IFC, EBRD invest $60m in Mall of Arabia
Investment will be accompanied by additional $20m loan from the CIB
EU and EBRD advisory support launched in Alexandria for SMEs
Private sector development through support for SMEs is one of the EBRD’s key objectives in Egypt, director says

National Bank of Egypt signs $50m deal with European Bank for Reconstruction and Development
The agreement will help finance foreign trade operations

EBRD hiding head in the sand on Egypt democracy
By Kuba Gogolewski Individual rights, gender equality, freedom of religion, freedom of thought and opinion, freedom of press, the right to go on strike — all these and other rights and freedoms are enshrined in the new constitution that Egyptians voted overwhelmingly in favour of. But do these words turn Egypt overnight into a democracy? …

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