Business
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Economy
12/23/2020 5:48:51 PM
The sum is a loan extended to Al-Dau Al-Haram for Hotel Operations for the regeneration of a brownfield site into a Hyatt Regency hotel
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Business
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Economy
12/10/2020 3:35:21 PM
The fund comes in light of government targets of achieving 20 percent of the country’s electricity generation capacity from renewable sources by 2022
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Business
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Economy
11/29/2020 9:04:31 PM
Harmgart praised the performance of the Egyptian economy, discussing existing projects between Egypt and the bank as well as the prospects for developing areas of cooperation
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Business
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Economy
11/21/2020 3:26:55 PM
Harmgart said Egyptian banks received $800 million to be given to the private and SMEs sectors in response to the pandemic, adding that EBRD's investments in Egypt will reach €1 billion by the end of 2020
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Business
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Economy
11/16/2020 9:28:14 PM
The total worth of the deal is $250 million
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Business
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Economy
11/15/2020 5:33:44 PM
Egypt is the EBRD's biggest country of operations in the region, with total investments of €2.3 billion, 60 percent of which was dedicated to the private sector
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Business
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Economy
11/10/2020 7:22:13 PM
EBRD said that the two programmes come in response to the impact of the COVID-19 pandemic on the Egyptian economy and target boosting green finance
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Business
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Economy
11/10/2020 6:01:26 PM
Rigterink said that Egypt has faced severe impacts caused by the pandemic due to the significant collapse in tourism sector mainly as a result of the crisis
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Business
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Economy
11/10/2020 10:55:09 AM
The new report discussed the reappraisal of the role of the state in the economy, and how it has been affected, amid the ongoing COVID-19 crisis
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Business
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Economy
10/10/2020 2:07:57 PM
EBRD has an ambitious plan to become a majority green bank by 2025
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Business
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Economy
10/8/2020 9:35:21 PM
The Bank's board of governors has also elected Odile Renaud-Basso of France as the Bank’s next president for the coming four years
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Business
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Economy
10/7/2020 8:40:54 PM
The world is expected to face a $15 trillion gap between projected investment and required development assistance to provide adequate global infrastructure by 2040
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Business
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Economy
10/7/2020 5:09:14 PM
EBRD's 29th annual meeting for 2020 kicked off on Wednesday, lasting for two days, to discuss the impacts of COVID-19 on emerging economies and how to recover better
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Business
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Economy
10/6/2020 9:47:05 PM
Egypt's Minister of International Cooperation Rania Al-Mashat will represent Egypt in the meeting
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Business
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Economy
10/1/2020 7:44:11 PM
The fund will make investments in enterprises with robust growth potential in sectors such as education, health care, manufacturing, and services
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Business
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Economy
10/1/2020 5:48:23 PM
The European Bank for Reconstruction and Development has revisited its forecasts for emerging economies in light of measures undertaken to mitigate Covid-19
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Business
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Economy
9/30/2020 3:35:23 PM
EBRD said its new Green Economy Transition approach for 2021-2025 is part of the bank’s overall strategy for the next five years
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Business
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Economy
9/3/2020 1:12:25 PM
The assessment will be open for public consultation until 31 October 2020 and will be available in English, French and Russian, according to the statement
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Business
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Economy
9/2/2020 12:42:03 PM
Continuing to invest in the private sector — particularly SMEs — as an engine of growth and sustainable development will remain the core of the EBRD’s mission, says the bank's deputy head for Egypt
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Business
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Economy
8/18/2020 12:45:20 PM
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