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…
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European Bank for Reconstruction and Development
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…
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