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…
Browsing Tag
European Investment Bank (EIB)
Egypt, EIB discuss financing for grain logistics hub
Egypt and the European Investment Bank (EIB) discussed potential financing for an integrated grain logistics hub…
Egypt, EU sign €125 mln in grants to boost renewables, green ammonia
Egypt and the European Union on Tuesday signed grant agreements worth €125 million to support renewable energy…
Egypt, EIB discuss expansion of water, wastewater projects
Egypt’s Minister of Housing Sherif El-Sherbiny met with a European Investment Bank (EIB) delegation on Tuesday to…
Egypt’s NBE, EIB sign investment grant deal to support green industry drive
The National Bank of Egypt (NBE) signed an investment grant agreement on Sunday with the European Investment Bank…
ADB approves $200m loan to improve urban services in India
The Asian Development Bank (ADB) approved a $200 million loan to upgrade water supply, sanitation, urban mobility,…
EIB announces €600m Ukraine energy rescue plan
The European Investment Bank (EIB) President Nadia Calviño unveiled the Ukraine Energy Rescue Plan, a comprehensive…
WHO, partners offer $1.5b to world vulnerable communities
The World Health Organization (WHO), in partnership with several multilateral development banks (MDBs), has…
EIB approves €50m loan for Slovenia’s power network
The European Investment Bank (EIB) has approved a €50 million loan for Slovenian electricity company Elektro…
EIB, SPE Capital invest €350m to drive growth across Egypt
Egypt signed on Sunday a €350 million deal with the European Investment Bank (EIB) and SPE Capital to support…
Swedish Northvolt borrows $5 bln to expand lithium battery plant
Sweden’s lithium-ion battery producer Northvolt raised $5 billion in the largest green loans raised in Europe to…
EIB inaugurates new regional hub in Egypt
The European Investment Bank (EIB) inaugurated a new regional hub in Egypt on Sunday to boost cooperation with…
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…
EIB to provide Egypt’s NWFE projects with $4.41 bln
Egypt has signed a partnership with the European Investment Bank (EIB) to support the Nexus of Water, Food, and…
EIB provides $150mln Middle East venture capital initiative
The European Investment Bank (EIB) Global has announced on Monday that it will provide $27 million participation in…
EIB to provide Egypt €150 million for food sector
Egypt is set to receive a €150 million ($156.3 million) loan in early 2023 from the European Investment Bank (EIB)…
EIB: Egypt has made recent greet progress in green projects
Egypt has made significant achievements in green energy projects over the past years, said Debora Revoltella,…
Egypt signs financing agreements with EIB – minister
European Investment Bank (EIB) and Egypt nourished their partnership focusing on the values of materialism,…
AfDB delegation starts visit to Egypt on Sunday to ensure success of COP27
A delegation of the African Development Bank (AfDB) has started on Sunday a five-day visit to Egypt for exploratory…
EIB, AFD to sign €300 mln loan for Egypt rail project this quarter: sources
Egypt is expected to sign a €300 million ($342.7 million) loan agreement with the European Investment Bank (EIB)…
EIB backs Maspero station through €600 million financing for Cairo Metro Line 3
Frans Timmermans, executive vice-president of the European Commission, has visited the Maspero metro station site,…
EIB: Revoking state of emergency in Egypt is positive for economy
Egypt’s decision to not renew the state of emergency will positively affect the country’s economy and lure more…
EIB, Banque Misr sign €425 million loan to support Egypt SMEs
Banque Misr has signed on Tuesday a loan agreement worth €425 million ($515.2 million) with the European Investment…
Banque Misr receives €425 mln from EIB to support Egyptian SMEs
The European Investment Bank (EIB) has provided Egypt’s Banque Misr with a €425 million credit line to support…
Egypt signs for €1.128 billion EIB loan to support urban transport sector
Egypt and the European Investment Bank (EIB) have signed on Tuesday a €1.128 billion ($1.4 billion) agreement to…
Egypt will get € 1.128bn financial package for transport projects from EIB
A financing package of €1.128 billion from the European Investment Bank (EIB) will officially be earmarked for…
Banque Misr landed EIB’s €750 million coronavirus loan for SMEs in Egypt
The European Investment Bank (EIB) has approved a €750 million ($881.8 million) facility for Banque Misr to on-lend…
EIB mulls EUR 78 mn loan for Helwan wastewater plant expansion
The European Investment Bank (EIB) is studying the possibility of extending a € 78 mn loan to finance the expansion…
NBE signs EUR 800m deal with EIB to finance SMEs
The European Investment Bank (EIB), National Bank of Egypt (NBE) ) signed € 800 million agreement to finance small…
Egypt, European Investment Bank discuss transport, agriculture, health fields
Egypt's International Cooperation Minister Rania al-Mashat on Sunday met with the European Investment Bank’s (EIB)…
European Investment Bank injects €10.5bn funding in Egypt
The European Investment Bank (EIB) has pumped €10.5 billion funding into the Egyptian market since it has started…
Egypt, EIB ink €350mn deal for Cairo Metro Line 1 upgrade
Egypt and European Investment Bank (EIB) signed on Wednesday a deal worth €350 million ($399.1 million) to develop…
Egypt, EIB sign €15 mln grant deal for community facilities
Egypt and the European Investment Bank (EIB) have signed a €15 million grant agreement to improve community…
Egypt’s MSMEDA inks €60 mln loan, grant deals with EIB
Egypt’s Micro, Small, and Medium Enterprise Development Authority (MSMEDA) has signed on Saturday two loan and…
Egypt targets €350 mln from EIB to develop Cairo’s oldest metro line
An Economic Ministerial Committee headed by Egypt's Prime Minister Moustafa Madbouly has approved starting…
Egypt’s NBE, EIB sign 375 m euro deal for financing SMEs
National Bank of Egypt (NBE) and the European Investment Bank (EIB) signed a 375-million-euro deal to fund small…
EIB ups its investments in Egypt to €7.3 billion
European Investment Bank (EIB) is actively supporting the Egyptian economy since total investments in the country…
EIB, Egypt to Ink Executive Agreement to Finance El Shabab Power Plant
Egyptian Minister of Electricity and Energy Ahmed Imam stated on Wednesday that it was agreed to finalize the…
NBE Negotiates With 3 European Banks to Obtain $ 250 mln Facilities ‘SMEs’
Soha Soliman, Head of Small and Medium Enterprises (SMEs) at the National Bank of Egypt (NBE), said the NBE is…