Money Egypt Oks LIBOR transition to SOFR in EBRD deals Yomna Yasser Mar 7, 2024 0 Egyptian President Abdel Fattah al-Sisi issued the presidential decree no. 483 of 2023 approving the use of SOFR as…
Money EBRD lends Banque du Caire $50m to support MSMEs, women entrepreneurs Yomna Yasser Feb 23, 2024 0 The European Bank for Reconstruction and Development (EBRD) announced on Friday providing a financing package of…
Money EBank gets EBRD $25m loan to support SMEs Yomna Yasser Feb 21, 2024 0 Export Development Bank of Egypt (EBank) has secured $25 million (€23.2 million) in loan from the European Bank for…
Tech/AI EBRD assigns $2bln to fund green projects in Egypt in 2023 Mennatullah Hamzawy Oct 24, 2023 0 The European Bank for Reconstruction and Development (EBRD) has allocated $2 billion to fund development projects…
Banks El Swedy Electric unit secures $50mln loan from EBRD Nada Ali Oct 18, 2023 0 The European Bank for Reconstruction and Development (EBRD) on Wednesday grants United Metals Company (UMC), a…
unclassified EBRD raises Egypt’s growth forecast to 4.8% for FY2023/24 Yomna Yasser Sep 27, 2023 0 The European Bank for Reconstruction and Development (EBRD) raised its growth forecast for Egypt’s economy this…
Tech/AI EBRD allocates €30mln to support MC IV in Egypt, Morocco and Tunisia Mennatullah Hamzawy Sep 25, 2023 0 The European Bank for Reconstruction and Development (EBRD) commits up to €30 million to Mediterrania Capital IV…
Industry & Trade Saudi ACWA Power secures $123 mln to construct solar project in Egypt Nada Ali Aug 30, 2023 0 Saudi Arabian utility developer ACWA Power announced on Wednesday that it has successfully secured a $123 million…
Money EBRD supports young entrepreneurs in Egypt with Reefy $6 mln loan Yomna Yasser Aug 23, 2023 0 The European Bank for Reconstruction and Development (EBRD) is supporting young entrepreneurs in Egypt with a loan…
Money EBRD mulls $125 million loan for Damietta Alliance Container Terminal Yomna Yasser Aug 16, 2023 0 The European Bank for Reconstruction and Development (EBRD) is studying the provision of a senior loan of up to…