President of the European Bank for Reconstruction and Development (EBRD) Odile Renaud-Basso hailed Egypt’s success in implementing its ambitious program for economic reform, as she met with Egyptian President Abdel Fattah El-Sisi on Wednesday. Renaud-Basso...اقرأ المزيد
Ongoing development financing portfolio of the European Bank for Reconstruction and Development (EBRD) in Egypt amounted to €4.4 billion, Minister of International Cooperation, Rania Al-Mashat, said Wednesday. Al-Mashat explained, in a statement that...اقرأ المزيد
The European Bank for Reconstruction and Development (EBRD) has praised Egypt’s Green Recovery strategy and welcomed joint cooperation to discover opportunities in Africa. In a Tuesday video conference, Prime Minister Mostafa Madbouly told President...اقرأ المزيد
Ministry of International Cooperation succeeded in securing development financing worth $1.417 billion in 2020 for housing and wastewater management from the Arab Fund for Economic and Social Development, World Bank, Kuwaiti Fund for Arab Economic Development,...اقرأ المزيد
Egypt would hit a growth of 0.5 percent in 2020, compared to 5.6 percent in 2021, according to the European Bank for Reconstruction and Development (EBRD). EBRD forecasted in a report Wednesday that Egypt’s growth will rebound to 5.2 percent in 2021. the...اقرأ المزيد
European Bank for Reconstruction and Development (EBRD) offered a financing facility worth $125 million to be used for investments by Al Batterjia Medical SAE group to develop a greenfield general hospital in Alexandria, Egypt, and another in Casablanca,...اقرأ المزيد
The Egyptian parliament will discuss the presidential decree on accepting a grant from the European Bank for Reconstruction and Development (EBRD) on Tuesday. The lawmakers will tackle a joint report by the transport and economic committees on the 2019...اقرأ المزيد
The European Bank for Reconstruction and Development provided the Arab African International Bank with a $15-million loan in light of its support to improvements in the energy efficiency of the Egyptian private sector businesses. According to the EBRD,...اقرأ المزيد
Five ministers convened with EU Envoy to Egypt Ivan Surkos on Monday, July 22 to discuss 2020 joint projects and launched a €110 million program to be implemented in 2020 in the sectors of energy, water, environment, trade, agriculture, and local development...اقرأ المزيد
The European Bank for Reconstruction and Development (EBRD) announced enhancing its support for Egyptian exporters and importers with a $ 50 million trade facility to the Arab African International Bank (AAIB) Egypt. “AAIB is the fifth-largest bank...اقرأ المزيد