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

EBRD awards €1m to new dry port development in Egypt
Project to improve logistics, increase trade competitiveness in Egypt, says European bank

EBRD shareholders agree to UAE membership
Inclusion of UAE as member will open new opportunities across EBRD regions

Prime Minister asserts importance of Egypt’s Green Recovery projects
EBRD is willing to support Egypt’s Green Recovery strategy, says bank President Odile Renaud-Basso

Egypt top recipient of EBRD’s investments in SEMED region during 2020
Country accounted for more than €1bn of bank’s total €2.13bn development financing provided to SEMED countries, says Minister Al-Mashat

Egypt, EBRD, UNWTO sign COVID-19 Tourism Recovery Assistance Package
Package aims to promote tourism sector’s resilience, sustainability, and inclusive growth

Egypt’s economy continues to strengthen, GDP to rise 5.9% by 2020: EBRDÂ
Measures to improve private investment should be prioritised in Egypt in 2020, says EBRDÂ

Delegation from EBRD’s board visits Egypt on Monday
Visit aims to learn about latest developments in the country, says statement

EBRD to help select consultant for private power firms’ controls in Egypt
EgyptERA asked EBRD’s support to review controls of IPP system

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 Â
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