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
The European Bank for Reconstruction and Development (EBRD)
Egypt opens €3.8 mln waste stations under Kitchener Drain Depollution Project
Egypt has opened two waste transfer stations in Dakahlia and Gharbia governorates at a combined cost of €3.8…
Egypt seeks to host EBRD annual meeting in Sharm El-Sheikh in 2027
Egypt hopes to host the European Bank for Reconstruction and Development's (EBRD) annual meeting in Sharm El-Sheikh…
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 signs EBRD deal to support mining sector reforms
Egypt signed a memorandum of understanding with the European Bank for Reconstruction and Development (EBRD) on…
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 eyes bigger EBRD portfolio to boost strategic sectors – FinMin at Davos
Egypt is seeking to expand the European Bank for Reconstruction and Development’s (EBRD) role in the country to…
Egypt holds talks with EBRD to boost investment in oil, mining sectors
Egypt’s Petroleum Minister Karim Badawy held talks with a high-level delegation from the European Bank for…
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…
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…
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…
EBRD forecasts Egypt’s GDP growth at 4.2% in FY25, 4.7% in FY26
The European Bank for Reconstruction and Development (EBRD) has projected Egypt’s economy to grow by 4.2 per cent…
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, EBRD review ’24 energy sector progress
Egypt’s Minister of Planning and Economic Development, Rania Al-Mashat, held a meeting with Odile Renaud-Basso,…
Egypt, EBRD to partner on aviation development
Egypt’s Minister of Civil Aviation, Sameh El-Hefny, held a meeting with Mark Davis, Managing Director for the…
Egypt, EBRD explore joint initiatives for sustainable infrastructure
Egypt's Minister of Electricity and Renewable Energy, Mahmoud Esmat, met with a delegation from the European Bank…
Turkey launches $5b industrial decarbonisation investment platform
Turkey unveiled the Türkiye Industrial Decarbonisation Investment Platform (TIDIP) in Ankara, aiming to drive $5…
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 invests €10m to boost Romanian retailer La Cocos
The European Bank for Reconstruction and Development (EBRD), alongside private equity firms CEECAT Capital and…
EBRD funds €25.1m solar project in Bosnia, Herzegovina
The European Bank for Reconstruction and Development (EBRD) has provided a €25.1 million loan to Elektroprivreda…
EBRD provides €70m loan to Ukrainian postal sector
The European Bank for Reconstruction and Development (EBRD) has approved a €70 million loan to Nova Post, Ukraine's…
EBRD loans €25m to Turkey for green investments
The European Bank for Reconstruction and Development (EBRD) approved on Tuesday a €25 million loan for Turkey's…
EBRD makes 1st direct investment in C. Asia’s graphite sector
The European Bank for Reconstruction and Development (EBRD) has made its first direct equity investment in Central…
EBRD, France’s Proparco finance solar projects in Tunisia
The European Bank for Reconstruction and Development (EBRD) and the French development agency Proparco are…
Alexandria Free Zone to launch eco-friendly project expansions
The Alexandria Free Zone, Egypt's largest and most export-focused free zone, is set to introduce new…
CBE Governor Hassan Abdalla signs EBRD’s Women Entrepreneurs Finance Initiative code
In a significant move towards promoting women’s financial inclusion and economic empowerment, Hassan Abdalla,…
Ukraine’s economy to grow by 3.0% in ’24 – EBRD
Ukraine’s economy is projected to grow by 3.0 per cent in 2024, as forecasted in the Regional Economic Prospects…
EBRD forecasts stable growth for Morocco in ’25
The European Bank for Reconstruction and Development (EBRD) anticipates a positive economic performance in Morocco,…
EBRD forecasts 1.5% GDP growth for Russia in ’25
The Russian economy is projected to experience modest GDP growth of 1.5 per cent in 2025, according to the Regional…
Turkey’s economy to see 3.0% growth in ’25 – EBRD
Turkey’s economy is likely to rebound in 2025, with a projected GDP growth rate of 3.0 per cent, according to the…
Egypt Oks LIBOR transition to SOFR in EBRD deals
Egyptian President Abdel Fattah al-Sisi issued the presidential decree no. 483 of 2023 approving the use of SOFR as…
EBRD lends Banque du Caire $50m to support MSMEs, women entrepreneurs
The European Bank for Reconstruction and Development (EBRD) announced on Friday providing a financing package of…
EBank gets EBRD $25m loan to support SMEs
Export Development Bank of Egypt (EBank) has secured $25 million (€23.2 million) in loan from the European Bank for…
European Bank loans National Bank of Egypt $100 mln
The European Bank for Reconstruction and Development (EBRD) announced a new loan of $100 million to the National…
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…
EBRD supports young entrepreneurs in Egypt with Reefy $6 mln loan
The European Bank for Reconstruction and Development (EBRD) is supporting young entrepreneurs in Egypt with a loan…
EBRD mulls $125 million loan for Damietta Alliance Container Terminal
The European Bank for Reconstruction and Development (EBRD) is studying the provision of a senior loan of up to…
Egypt’s green transition on right track – EBRD
Egypt's green and sustainable energy transition is on the right track, said a European Bank for Reconstruction and…
EBRD supports Egypt’s private sector with $532 mln
The European Bank Reconstruction and Development (EBRD) approved on Wednesday to grant Egypt’s private sector up to…