Latest in Tag: European investment Bank Highlight
Latest in Tag: European investment Bank

European Investment Bank steps up support for Palestinian private sector
EIB makes $425m available in debt and risk sharing instruments

AfDB, EIB sign action plan to fast-track development in Africa
The African Development Bank (AfDB) and the European Investment Bank (EIB) signed, on Wednesday, a joint partnership action plan highlighting their strengthened cooperation and mutual development priorities. The partnership also aims to showcase a strong shared emphasis on boosting public and private sector investment in Africa. The Joint Action Plan enables both institutions to grow …

EIB Group increases lending to Africa by 50% to €4.7bn
Group increases financing to €77bn to combat COVID-19, climate crisis in 2020

EIB, Banque Misr partner to speed up SMEs recovery from COVID-19 in Egypt
€425m to support Egyptian SMEs, mid-caps

EIB to finance 3 transport projects worth €1.1bn in Egypt
Funding comes within €1.9bn financing package approved by EIB last July

EIB invests €9.2bn in more than 100 projects in Egypt
A total of 27 contracts were signed for a total value €4bn from 2015 to 2019, with average amount per year was hence €800m, says Scannapieco

BM signs a loan agreement with the EIB worth € 500m to finance SMEs
Banque Misr’s portfolio of SMEs reaches EGP 26bn by the end of September 2019

EIB confirms support for €498m transformational investment across Africa at Vienna summit
For transforming sustainable transport, EIB provides €350m for Cairo Metro

EIB provides €521m to support Egypt’s private sector development in seven months
The Kitchener drain project with a fund of €214m is expected to be signed by the end of 2018 with increasing finance to the private sector with a fund of €375m, the European Investment Bank (EIB) Vice President Dario Scannapieco told Daily News Egypt.

Egypt has opportunity to transition to higher growth levels: EIB
EIB looks forward to sign Fayoum Wastewater Expansion Project, says vice president

EIB approves €1.8bn investments for Egypt, Jordan, Lebanon, Morocco, Tunisia
EU member states give €130m grant to create jobs, improve education, transport, water, energy

Approximately €200m construction cost of Alexandria West Wastewater Treatment Plant: EIB
EIB has long list of interesting projects under appraisal in transport, energy, environment, SMEs sectors, says Palanza

EIB provides €920m of finance to Egypt’s traditional, renewable energy since 2011
EIB welcomes the country’s actions to make reforms that have long term objectives, says Vice President

Bank Audi Egypt signs MOU with European Investment Bank for $30m loan
Flotation boosts Bank Audi Egypt profits to EGP 1.88bn at the end of 2016

€740m loan to support Egypt’s economy: European Investment Bank
EIB is providing a €100m loan to the Qatar National Bank to support SMEs

57% of Egypt’s companies are isolated from banks’ finance: EIB chief economist
Despite the progress accomplished by the government, effort is still needed to facilitate more investors and the private sector, says minister

EIB allocates €7.5bn to refugee host countries
The bank proposes to lend an additional €6bn to the public and private sectors to help refugees, says EIB president

International conference on private sector to kick off in July
The conference will go by the name ‘What’s Holding Back the Private Sector in MENA? Lessons from the Enterprise Survey’

EU grants €32m for wastewater expansion project in Egypt
500,000 inhabitants in 79 villages in Kafr El-Sheikh to benefit from the project
Egypt, EIB sign declaration of intent to finance developmental projects: International Cooperation Minister
By Mohamed Ayyad During the Economic Summit in mid-March, Egypt signed a declaration of intent with the European Investment Bank (EIB), to finance developmentprojects, said Minister of International Cooperation Nagla Al-Ahwani in a statement Sunday. The declaration with EIB included many sectors in which the bank is willing to fund in the period between 2015-2017. …

Mehleb witnesses signing of pollution control funding agreement worth €70m: Cabinet
Project to provide technical and financial support to industrial facilities in line with environmental laws for pollution reduction

Al-Sisi approves €99m in loans, grants from EU and EIB
EU entities will give assistant packages to Egypt for sanitation project in Kafr El-Sheikh

EIB contributes €250m to electricity sector
Vice President of EIB also expressed, during his meeting with Ashraf El-Arabi, interest in helping to fund government’s projects.

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.

EU delegation in Cairo
The delegation is discussing progress made on deals struck last November for financial assistance to Egypt
France lends Egypt €940 million to complete third metro line
By: Hend El-Behary The French Development Agency (FDA) along with the European Investment Bank have granted Egypt a soft loan of €940 million for the construction and development of phase three of the third Cairo underground line, stated the Ministry of Planning and International Cooperation (MPIC). Minister Ashraf Al-Araby of the MPIC, in the presence …