Egypt, World Bank advance plans for infrastructure financing guarantee mechanism
Egypt and the World Bank are in the final stages of launching a mechanism to attract private-sector investment into…
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European Bank for Reconstruction and Development
EBRD seeks to expand investment in Egypt across energy, industry
The European Bank for Reconstruction and Development (EBRD) is seeking to expand investment in Egypt, particularly…
Egypt’s Cabinet approves €37 mln financing package for NWFE power grid project
Egypt's Cabinet has approved a draft presidential decree on financing agreements for the Egypt Electricity Grid…
Egypt signs EBRD deal to support mining sector reforms
Egypt signed a memorandum of understanding with the European Bank for Reconstruction and Development (EBRD) on…
UN Chief appoints Egypt’s Al-Mashat as ESCWA executive secretary
United Nations Secretary-General António Guterres appointed Rania A. Al-Mashat of Egypt as Executive Secretary of…
Egypt in talks with global lenders to shield budget from energy price shock
Egypt is working around the clock with international partners and financial institutions to secure concessional…
Egypt signs six deals with EBRD to boost investment, renewable energy
Egypt signed six memoranda of understanding and agreements with the European Bank for Reconstruction and…
NBE, EBRD ink $100m MSME financing pact as bank’s new VP visits Cairo
The National Bank of Egypt (NBE) signed Monday a $100 million financing agreement with the European Bank for…
High-level mission to visit Egypt this week to advance industrial decarbonisation
A high-level delegation from the Climate Investment Funds, World Bank, African Development Bank, European Bank for…
Egypt, EBRD explore expanding energy partnership to mining cooperation
Egypt and the European Bank for Reconstruction and Development (EBRD) are exploring ways to broaden their strategic…
Canada’s Aton Resources to launch Egypt’s first commercial gold production in 2026
Canada’s Aton Resources Inc. plans to start Egypt’s first commercial gold production in the second half of 2026…
Egypt, Scatec, global lenders sign intent letters for solar project powering Egyptalum
Egypt signed letters of intent on Monday with Norway’s Scatec ASA and several international development banks to…
Sisi ratifies €10m Egypt account project agreement with EBRD
Egypt’s President Abdel Fattah El-Sisi issued Decree No. 146 of 2025 approving a cooperation agreement with the…
Egypt’s CBE, EBRD discuss boosting MSME cooperation
Egypt’s central bank governor Hassan Abdalla met with a delegation from the European Bank for Reconstruction and…
Egypt signs financial closure for 1 GW solar, battery storage project with Scatec, NBE,…
Egypt on Sunday signed a financial closure agreement for the Obelisk project, a 1-gigawatt solar power plant with…
Egypt mulls EBRD investment in aviation industry
Egypt’s Minister of Civil Aviation Sameh El-Hefny met with officials from the European Bank for Reconstruction and…
EBRD: Egypt’s GDP to grow 3.8% in FY2025, 4.4% in FY ’26
The European Bank for Reconstruction and Development (EBRD) raised its forecast for Egypt’s economic growth to 3.8…
Egypt, Türkiye eye deeper economic ties
Egypt and Türkiye are looking to strengthen economic ties following a high-level meeting between Egypt’s Minister…
Egypt’s Al-Mashat, OPEC Fund eye closer cooperation to drive private sector growth
Egypt’s Minister of International Cooperation Rania Al-Mashat met with Tareq Alnassar, Assistant Director-General…
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, EBRD discuss expanding cooperation in infrastructure, utilities
Egypt’s Minister of Housing Sherif El-Sherbiny met with Sue Barrett, head of Infrastructure for Europe and MENA at…
Egyptian Exchange partners with EBRD to boost market liquidity
The Egyptian Exchange (EGX) is partnering with the European Bank for Reconstruction and Development (EBRD) to boost…
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…
EBRD unveils $21.3m loan for wind farm expansion in Egypt
The European Bank for Reconstruction and Development (EBRD) announced a $21.3 million concessional loan to expand a…
EBRD prospects: Kazakhstan’s growth to drop in ’24
The European Bank for Reconstruction and Development (EBRD) revised its economic outlook for Kazakhstan,…
Central Asian economies to grow by 5.4% in ’24 – EBRD
Central Asian economies are projected to slow down at 5.4 per cent in 2024, followed by a rebound to 5.9 per cent…
Gulf markets take advantage from high oil prices
Gulf's stock market closed high on Sunday which resulted from Friday's rise in oil prices, with the Saudi index…
EBRD to provide €165mln loan to upgrade Egypt’s electricity grid
The European Bank for Reconstruction and Development (EBRD) announced on Thursday that it will provide a sovereign…
Egypt secures EBRD $100m fund to establish wind farm
EBRD, in cooperation with GCF, are issuing a senior secured loan of up to $100m to Red Sea Wind Energy to construct…
QNB ALAHLI launches 1st green retail programme with EBRD
QNB ALAHLI (QNB) has announced that it is launching the first green retail-financing programme on Wednesday, in…
Egypt to present new vision for clean energy during COP27 – DW report
Egypt will announce a new energy vision for green hydrogen at the upcoming climate conference COP27 in Sharm El…
Ahli United Bank Egypt secures $82 million EBRD, EU, GCF fund
Ahli United Bank – Egypt (AUBE), part of Bahraini Ahli United Bank Group, received on Thursday a $82 million…
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 studies €250 million sovereign loan to upgrade Egypt’s Cairo Metro line 2
The European Bank for Reconstruction and Development (EBRD) announced on Thursday it is studying directing a…
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 approves €25 million loan for Egypt’s dry port project
The European Bank for Reconstruction and Development (EBRD) approved on Tuesday a €25 million ($29.6 million) loan…
EBRD backs youth entrepreneurship, skills development in Egypt
The European Bank for Reconstruction and Development (EBRD) said on Thursday it had launched a $120 million Youth…
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 Chief Renaud-Basso to meet Egypt President Sisi today
For the first time since her election as head of the European Bank for Reconstruction and Development (EBRD),…
EBRD approves $100 mln financing package to Banque Du Caire for Egyptian MSMEs
Banque du Caire received on Wednesday $100 million financing package from the European Bank for Reconstruction and…