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Business
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Economy
3/1/2023 5:00:22 PM
The European Bank of Reconstruction and Development (EBRD) is projected to invest over $1.4 billion in Egypt, the highest investment the bank has ever made in the country, the EBRD’s Vice President for Banking Alain Pilloux told Ahram Online.
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Business
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Tech
2/23/2023 2:19:00 PM
Egypt launched on Thursday the second phase of the technical support programme for the digitalisation of the Suez Canal Economic Zone (SCZone) in collaboration with the European Bank for Reconstruction and Development (EBRD).
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Business
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Economy
2/16/2023 10:48:02 AM
The European Bank for Reconstruction and Development (EBRD) has downgraded its forecasts for Egypt’s output growth in 2023 to 4.3 percent, down from five percent it projected in May, before bouncing back to five percent in 2024, according to the bank’s update on the Regional Economic Prospects Report the bank issued on Thursday.
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Business
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Energy
11/26/2022 10:02:06 PM
Egypt is expected to launch its national low-carbon hydrogen strategy prepared in cooperation with the European Bank for Reconstruction and Development by the end of the year, Minister of Electricity Mohamed Shaker said on Saturday.
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COP27
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Climate change
11/13/2022 3:11:48 PM
The European Bank for Reconstruction and Development (EBRD) will support six Egyptian projects selected as winners in the country’s National Initiative for Smart Green Projects (SGG).
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Business
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Energy
11/8/2022 3:04:00 PM
The European Bank for Reconstruction and Development (EBRD) released $5.5 million as a new tranche financing to TAQA PV for Solar Energy, TAQA Arabia’s renewable energy subsidiary, under its existing facility for green private-to-private projects, the EBRD announced on the sidelines ofthe COP27 in Sharm El-Sheikh on Tuesday.
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Business
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Economy
9/29/2022 5:19:26 PM
Heike Harmgart, the managing director of the southern and eastern Mediterranean (SEMED) at the European Bank for Reconstruction and Development (EBRD), said that Egypt is the largest recipient of EBRD’s investment in the region since day one.
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Business
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Economy
9/7/2022 10:31:48 PM
The European Bank for Reconstruction and Development (EBRD) is keen on enhancing cooperation with Egypt, especially regarding funding projects for green transition, Odile Renaud-Basso, president of the UK-based international financial institution, said on Wednesday.
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Business
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Energy
8/3/2022 1:45:05 PM
Minister of International Cooperation Rania Al-Mashat discussed with Heike Harmgart, the Managing Director for the Southern and Eastern Mediterranean (SEMED) region at the European Bank for Reconstruction and Development (EBRD), boosting bilateral cooperation at the UN Climate Change Conference 2022 (COP27).
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Business
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Economy
7/17/2022 5:22:47 PM
COP27 is an opportunity to increase awareness of business community and general public of ways to find financial resources for green transitions, Emad Hassan, the team leader of the Green Economy Financing Facility (GEFF) programme of the European Bank for Reconstruction and Development (EBRD), stressed in an interview with Ahram Online.
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Business
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Economy
6/28/2022 5:00:00 PM
Although Egypt achieved significant real GDP growth thanks to its economic reform programme, the private sector’s potential to push development needs to be unblocked, according to a recent report released by the European Bank for Reconstruction and Development (EBRD).
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Al-Ahram Weekly
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Egypt
6/7/2022 8:27:14 PM
More efforts are being made to break down barriers faced by female entrepreneurs in Egypt, but funding remains a matter of concern,.
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Egypt
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Health
5/30/2022 4:08:06 PM
Minister of Local Development Mahmoud Shaarawi and Minister of International Cooperation Rania Al-Mashat attended the signing ceremony for three cooperation protocols to an implement investment plan to purify the country's Kitchener Drain.
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Business
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Economy
5/26/2022 1:20:14 PM
The Governor of the Central Bank of Egypt Tarek Amer is set to chair the World Bank Group (WBG) and the International Monetary Fund's (IMF) annual meetings, which are scheduled to be held in October, the World Bank announced on Thursday.
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Egypt
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Politics
5/23/2022 6:08:30 PM
Egypt’s parliament — the House of Representatives — gave the final thumbs up in a plenary session on Monday for a €250-million-loan agreement between Egypt and the European Bank for Reconstruction and Development (EBRD).
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Business
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Markets & Companies
5/10/2022 8:40:59 PM
A consortium of investors that includes Amethis, the European Bank for Reconstruction and Development (EBRD), and SPE Capital has acquired a majority stake of the Egypt-based GlobalCorp, a non-banking financial services provider, the parties announced on Tuesday in a joint statement.
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Business
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Economy
5/10/2022 12:19:11 PM
The European Bank for Reconstruction and Development (EBRD) raised its projections for Egypt’s GDP growth for the current FY2021/22 to 5.7 percent — which ends in June — up from the 4.9 percent it projected in November before slowing down to 5 percent in FY2022/23 — which begins in July — according to the Regional Economic Prospects Report the bank released on Tuesday.
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Al-Ahram Weekly
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Egypt
4/19/2022 9:28:56 PM
Egypt is looking to capitalise on its resources and boost gas exports to Europe, reports Mai Ghandour
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Business
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Economy
3/31/2022 2:37:01 PM
Egypt’s real GDP growth is expected to decline to 3.1 percent in 2022, down from 7.2 percent recorded in 2021, and to jump to six percent in 2023, the European Bank for Reconstruction and development (EBRD) said on Thursday.
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Business
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Markets & Companies
3/22/2022 2:46:24 PM
The International Finance Corporation (IFC) — a member of the World Bank Group — along with African and European partners launched on Tuesday the Alliance for Entrepreneurship in Africa (AforE).
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