The European Bank for Reconstruction and Development (EBRD) announced on Thursday that it will provide a sovereign …
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EBRD raises Egypt’s growth forecast to 4.8% for FY2023/24
by Yomna Yasserby Yomna YasserThe European Bank for Reconstruction and Development (EBRD) raised its growth forecast for Egypt’s economy this financial …
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Egypt NewsIndustry & TradeNewsTech/AI
Saudi ACWA Power secures $123 mln to construct solar project in Egypt
by Nada Aliby Nada AliSaudi Arabian utility developer ACWA Power announced on Wednesday that it has successfully secured a $123 million …
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BanksFeatureMoney
EBRD supports young entrepreneurs in Egypt with Reefy $6 mln loan
by Yomna Yasserby Yomna YasserThe European Bank for Reconstruction and Development (EBRD) is supporting young entrepreneurs in Egypt with a loan worth …
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BanksEgypt NewsFeatureIndustry & TradeMoneyNewsTech/AI
EBRD mulls $125 million loan for Damietta Alliance Container Terminal
by Yomna Yasserby Yomna YasserThe European Bank for Reconstruction and Development (EBRD) is studying the provision of a senior loan of …
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Egypt’s green and sustainable energy transition is on the right track, said a European Bank for Reconstruction …
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EBRD extends $100 mln loan to Egypt’s Banque Misr for MSMEs
by Nada Aliby Nada AliThe European Bank for Reconstruction and Development (EBRD) grants Banque Misr a $100 million loan for on-lending …
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BanksEgypt NewsFeatureFinancial InstitutionsInternational NewsNews
EBRD supports Egypt’s private sector with $532 mln
by Nada Aliby Nada AliThe European Bank Reconstruction and Development (EBRD) approved on Wednesday to grant Egypt’s private sector up to …
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BanksEgypt NewsFeatureFinancial InstitutionsIndustry & TradeMoneyNewsTech/AI
MIGA mulls $100 million guarantee to EBRD to back Egypt trade finance
Two of Egypt’s largest state banks may become the latest recipient of the World Bank-member Multilateral Investment …
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EIB grants Egypt’s AlexBank $15 mln for SMEs green projects
The European Investment Bank (EIB) has released a new installment of the $15 million renewable and efficiency …