Latest in Tag: EBRD Highlight
Latest in Tag: EBRD
Qandil travels to Turkey as Al-Sisi returns
Prime Minister Qandil is expected to initiate meetings between approximately 300 Egyptian and Turkish businessmen during his visit
AFD discusses funding third Cairo Metro line
The French development finance institution meets with transport minister to discuss further contributions to urban transport
Egypt, India sign seven memoranda in various fields
One of the deals signed will include the launching of an Egyptian satellite on an Indian spacecraft
CIB organises workshop to advertise SME services
The workshop, ‘Exchange Services for Companies’, targets SMEs and is organised in concert with the Goethe Business School at Frankfurt University and the EBRD
EU delegation in Cairo
The delegation is discussing progress made on deals struck last November for financial assistance to Egypt
UN, EBRD to boost Mediterranean agribusiness
By Reem Abdellatif CAIRO: The region’s high-potential but underutilized agribusiness sector is about to get a boost, with a close eye on promoting private sector investment. The European Bank for Reconstruction and Development (EBRD) and the United Nations’ Food and Agriculture Organization (FAO) signed Wednesday an agreement worth $2.2 million, with the aim of promoting agribusiness …
EBRD eyes 2.5 bn-euro investment across ‘Arab democracies’
By AFP LONDON: The European Bank of Reconstruction and Development has the ability to invest annually up to €2.5 billion in total across four “emerging Arab democracies,” its president said on Thursday. The EBRD, formed in 1991 to help ex-Soviet bloc nations in their transition to market economies, is embarking on a similar course of …
EBRD sees 2011 profits of more than 800 mln euros
LONDON: The European Bank for Reconstruction and Development expects to report realized profits of more than €800 million in 2011, after making record investments of over €9 billion last year, the bank said on Wednesday. Net profits will be lower than the realized profits due primarily to lower equity valuations, the bank said in a …
EBRD shareholders back Arab expansion
LONDON: Shareholders in the European Bank of Reconstruction and Development, which funds projects in the ex-Soviet bloc, have backed expansion into the Middle East and North Africa, it said Wednesday. The London-based EBRD launched plans in May to expand into the region, after a wave of uprisings in the so-called Arab Spring, and wants to …