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Business
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Economy
5/16/2023 11:43:23 AM
For the second time since February, the European Bank for Reconstruction and Development (EBRD) has downgraded its forecast for Egypt’s real GDP growth to 4.2 percent, a 0.1 percent decrease from its outlook in February and increased its forecast by 0.2 percent in 2024.
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World
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Region
5/5/2023 12:41:07 PM
Iran and Syria agreed to boost ties and develop economic relations, with a focus on reconstruction, as the Islamic Republic's President Ebrahim Raisi on Friday concluded a landmark visit to Damascus.
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Business
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Economy
4/27/2023 5:27:59 PM
The European Bank for Reconstruction and Development (EBRD) has set 31 May as the approval date for a $100 million loan program to Banque Misr, under the Financial Intermediaries Framework ("FIF"), to finance micro, small, and medium enterprises (MSMEs).
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World
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Region
3/16/2023 3:37:15 PM
The United Arab Emirates has pledged $3 million to support the reconstruction of a Palestinian town in the occupied West Bank that was raided by Israeli settlers, state media said Thursday.
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Al-Ahram Weekly
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Egypt
3/2/2023 10:58:00 AM
Defeating terrorism in Sinai has paved the way for the reconstruction of the peninsula.
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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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Egypt
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Foreign Affairs
2/16/2023 7:18:54 PM
Egypt prioritises reconstruction and development to support peace and security in Africa, Egyptian Foreign Minister Sameh Shoukry told African Union Commissioner for Political Affairs, Peace and Security Bankole Adeoye on the sidelines of the 42nd Ordinary Session of the AU Executive Council in Addis Ababa on Thursday.
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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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Antiquities
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Ancient Egypt
1/9/2023 6:30:00 PM
In an attempt to enhance the Sohag National Museum in Upper Egypt, the Supreme Council of Antiquities (SCA) is in the process of reconstructing a shrine to the Old Kingdom regional ruler Winnie, which is set to become the museum’s newest attractions once complete.
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World
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War in Ukraine
12/12/2022 7:51:00 PM
G7 leaders agreed Monday on key elements of a platform to coordinate financial support for Ukraine, German Chancellor Olaf Scholz said, before a summit in Paris on post-war reconstruction.
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World
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War in Ukraine
12/3/2022 1:48:08 PM
Even as Ukraine celebrates recent battlefield victories, its government faces a looming challenge on the financial front: how to pay the enormous cost of the war effort without triggering out-of-control price spikes for ordinary people or piling up debt that could hamper postwar reconstruction.
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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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World
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War in Ukraine
11/4/2022 5:47:53 PM
The G7 has agreed a new structure to funnel aid to Ukraine to help rebuild infrastructure targeted by Russia, the group's foreign ministers said after talks in Germany on Friday.
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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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