Egypt eyes bigger EBRD portfolio to boost strategic sectors – FinMin at Davos
Egypt is seeking to expand the European Bank for Reconstruction and Development’s (EBRD) role in the country to…
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EBRD’s investments in Egypt
Egypt’s EBRD green economy programme paves way for $175.5m in next phase: minister
Egypt is set to boost its green economy efforts with the launch of the second phase of a financing programme backed…
Egypt leads EBRD’s SEMED investment in 2024 for 7th year in row
Egypt has retained its position as the top destination for the European Bank for Reconstruction and Development…
CBE Governor Hassan Abdalla signs EBRD’s Women Entrepreneurs Finance Initiative code
In a significant move towards promoting women’s financial inclusion and economic empowerment, Hassan Abdalla,…
EBRD: Egypt’s GDP to grow 3.9 in ’24, 4.4% in ’25
Egypt’s economy will grow by 3.9 per cent in 2024, and 4.4 per cent in 2025, the European Bank for Reconstruction…
Egypt Oks LIBOR transition to SOFR in EBRD deals
Egyptian President Abdel Fattah al-Sisi issued the presidential decree no. 483 of 2023 approving the use of SOFR as…
EBRD lends Banque du Caire $50m to support MSMEs, women entrepreneurs
The European Bank for Reconstruction and Development (EBRD) announced on Friday providing a financing package of…
EBank gets EBRD $25m loan to support SMEs
Export Development Bank of Egypt (EBank) has secured $25 million (€23.2 million) in loan from the European Bank for…
EBRD assigns $2bln to fund green projects in Egypt in 2023
The European Bank for Reconstruction and Development (EBRD) has allocated $2 billion to fund development projects…
El Swedy Electric unit secures $50mln loan from EBRD
The European Bank for Reconstruction and Development (EBRD) on Wednesday grants United Metals Company (UMC), a…
EBRD raises Egypt’s growth forecast to 4.8% for FY2023/24
The European Bank for Reconstruction and Development (EBRD) raised its growth forecast for Egypt’s economy this…
EBRD allocates €30mln to support MC IV in Egypt, Morocco and Tunisia
The European Bank for Reconstruction and Development (EBRD) commits up to €30 million to Mediterrania Capital IV…
Saudi ACWA Power secures $123 mln to construct solar project in Egypt
Saudi Arabian utility developer ACWA Power announced on Wednesday that it has successfully secured a $123 million…
EBRD supports young entrepreneurs in Egypt with Reefy $6 mln loan
The European Bank for Reconstruction and Development (EBRD) is supporting young entrepreneurs in Egypt with a loan…
EBRD mulls $125 million loan for Damietta Alliance Container Terminal
The European Bank for Reconstruction and Development (EBRD) is studying the provision of a senior loan of up to…
EBRD supports Egypt’s private sector with $532 mln
The European Bank Reconstruction and Development (EBRD) approved on Wednesday to grant Egypt’s private sector up to…
MIGA mulls $100 million guarantee to EBRD to back Egypt trade finance
Two of Egypt’s largest state banks may become the latest recipient of the World Bank-member Multilateral Investment…
EBRD mulls $100 million loan for Egypt’s Banque Misr
The European Bank for Reconstruction and Development (EBRD) is studying the provision of a senior unsecured loan of…
EBRD, IFC sign deal to support seawater desalination, renewables in Egypt
The Sovereign Fund of Egypt (TSFE) signed on Wednesday an advisory agreement with the European Bank for…
Egypt’s Banque du Caire secures $100 million EBRD, BII subordinated loan
The European Bank for Reconstruction and Development (EBRD) and British International Investment (BII) are…
EBRD provides $40 million loan to Angel Yeast Egypt
The European Bank for Reconstruction and Development (EBRD) announced on Thursday that it is providing a $40…
Egypt to launch low-carbon hydrogen strategy by 2022-end: minister
Egypt plans to launch its national low-carbon hydrogen strategy set in cooperation with the European Bank for…
EBRD, EU provides $50 million to NBK Egypt for Egyptian MSMEs
The European Bank for Reconstruction and Development (EBRD) announced on Thursday a financial package of up to $50…
EBRD provides $5.5mln for TAQA Arabia to establish solar power plant in Egypt
The European Bank for Reconstruction and Development (EBRD) has released $5.5 million tranche of the loan to TAQA…
EBRD to unveil ambitious plans for shift to green at COP27 Egypt
The European Bank for Reconstruction and Development (EBRD) is heading to the UN climate conference COP27 in Egypt…
EBRD to finance Egypt transition from gas to wind power
The European Bank for Reconstruction and Development (EBRD) will provide $300 million to finance the…
EBRD supports green economy in Egypt with $100 million loan for Banque Misr
The European Bank for Reconstruction and Development (EBRD) is supporting the green economy in Egypt as it…
EBRD strongly supports Egypt’s NWFE Programme for COP27 – president
European Bank for Reconstruction and Development (EBRD) strongly supports and backs Egypt’s Nexus on Water, Food…
EBRD’s Egypt annual funding may exceed €1 billion on COP27 host – official
European Bank for Reconstruction and Development’s (EBRD) ambitions for this year is rising and might increase its…
EBRD, Hyundai Rotem boost Egypt youth skills in transport infrastructure maintenance
The European Bank for Reconstruction and Development (EBRD) announced on Tuesday it had teamed up with Hyundai…
EBRD, NBKE support MSMEs in Egypt through $40 million loan deal
The National Bank of Kuwait – Egypt (NBK Egypt) has secured a $40 million loan from the European Bank for…
Egypt’s Export Development Bank gets EBRD $25 million financing for SMEs
Export Development Bank of Egypt (EBank) has secured a $25 million financing package from the European Bank for…
EBRD raises Egypt’s GDP growth forecast to 5.7% in FY2021-22
The European Bank for Reconstruction and Development (EBRD) raised its forecast for Egypt’s GDP growth during the…
EBRD, Amethis, SPE Capital acquire Egyptian fintech GlobalCorp
A consortium of the European Bank for Reconstruction and Development (EBRD), France’s Amethis – member of Edmond de…
EBRD projects Egypt’s economy will grow 4.9% in 2021-22 year
The European Bank for Reconstruction and Development (EBRD) raised its growth forecast for Egypt’s economy to 4.9…
EBRD vice president heads delegation to Egypt to discuss new country strategy
Alain Pilloux, vice president of the European Bank for Reconstruction and Development (EBRD) is visiting Egypt from…
EBRD unveils $25 million loan for NBKE to promote energy efficiency in Egypt
The European Bank for Reconstruction and Development (EBRD) announced on Thursday it had secured a $25 million loan…
EBRD, EU, GCF secure $50 mln loan to QNB ALAHLI to support SMEs in Egypt
The European Bank for Reconstruction and Development (EBRD) announced on Monday that it is securing a $50 million…
EBRD to start new four-year strategy talks with Egypt in September – official
The European Bank for Reconstruction and Development (EBRD) is expected to embark on consultation talks with Egypt…
EBRD loans NBE $100 million to support Egyptian SMEs
The European Bank for Reconstruction and Development (EBRD) is lending the National Bank of Egypt (NBE) $100…