Featured Scatec, Germany’s PtX Fund sign €30m grant for Egypt’s green hydrogen project Yomna Yasser Oct 8, 2024 0 Norwegian renewable energy producer Scatec signed on Tuesday a €30 million grant agreement with the PtX Development…
Money KfW’s Green for Growth Fund wins licence to provide Tier II capital to Egyptian banks Amwal Al Ghad English Jan 24, 2022 0 German development bank KfW’s Green for Growth Fund (GGF) announced on Monday it had been granted a licence from…
Money Germany’s KfW bank provides Egypt with €41 million to support education sector Amwal Al Ghad English Jul 26, 2021 0 German state-run KfW Development Bank has provided Egypt with financing worth up to €41 million ($48.4 million) to…
Banks AAIB Bank, Kfw’s SANAD Fund launch microfinance JV in Egypt Yomna Yasser May 10, 2018 0 Arab African International Bank (AAIB) and Germany’s SANAD Fund for MSMEs launched Tuesday a joint venture to…
Banks Germany’s KFW bank finances €1.8 billion flagships in Egypt Yomna Yasser Nov 4, 2017 0 Germany's state-run development bank KFW has provided financing for projects currently in the country that is…
Banks Siemens signs financial closure agreement for Egyptian power projects Yomna Yasser Nov 22, 2015 0 Egyptian government has signed Sunday a financial closure agreement with German industrial giant Siemens, Orascom…
Banks Three German banks to sign €4.1bn contracts for Siemens’ Egypt power projects Yomna Yasser Nov 21, 2015 0 Egypt is to sign Sunday landmark contracts with a consortium of German banks for electricity production…
Banks National Bank of Egypt, EIB ink €70mn Third Pollution Abatement Project Yomna Yasser Dec 22, 2014 0 The National Bank of Egypt (NBE) and the European Investment Bank (EIB) have signed today a €70 million new loan…
Banks German Development Bank Oks €20mn Loan for Egypt’s Irrigation Improvement Project Yomna Yasser Aug 17, 2014 0 The German Development Bank - Kreditanstalt für Wiederaufbau (KfW) approved Sunday to grant a €20 million loan to…
Banks EIB Inks €392 mln Contracts to Finance Projects in Egypt Yomna Yasser Dec 19, 2013 0 The European Investment Bank (EIB) signed on Wednesday finance contracts with Egypt for an amount of 187 million…