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Business
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Economy
5/17/2023 11:17:52 PM
The Central Bank of Egypt (CBE) has hired the UK's Barclays Corporate and Investment Bank (Barclays CIB) as the international financial adviser for the sale of its 99 percent stake in the state-owned United Bank, according to a statement by the CBE on Wednesday.
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Business
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Economy
5/17/2023 7:54:47 PM
The European Investment Bank (EIB) and ALEXBANK, a subsidiary of Intesa Sanpaolo Group in Egypt, announced on Wednesday the release of a new tranche of $15 million for renewable and efficiency financing.
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Business
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Economy
5/16/2023 11:23:40 AM
The European Investment Bank (EIB) plans to invest over €50 million annually in venture capital and to support private equities in the Egyptian market with a commitment to achieving a steady growth, Vice President of the EIB Gelsomina Vigliotti told Ahram Online.
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Egypt
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Society
4/13/2023 9:58:20 PM
The European Union (EU) Delegation to Egypt, the Embassy of the Federal Republic of Germany and the European Investment Bank (EIB) in Cairo have donated Ramadan boxes of food supplies to support the most vulnerable Egyptians.
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Business
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Economy
2/13/2023 6:47:15 PM
European Investment Bank (EIB) Global announced on Monday that it will provide $27 million participation in the $150 million Middle East Venture Fund.
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Business
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Economy
2/8/2023 5:36:23 PM
Egypt has reached an agreement to import wheat from Serbia and Romania through the port of Constanta, and is conducting discussions with the European Investment Bank (EIB) on financing the construction of a large field silo in Damietta's port, a statement by the Egyptian Supply and Internal Trade said on Wednesday.
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Egypt
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Politics
12/15/2022 6:12:32 PM
Prime Minister Mostafa Madbouly appointed on Thursday investment banker Hossam Ahmed Heiba as executive president of the General Authority of Free Zones and Investment (GAFI).
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Business
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Economy
11/23/2022 4:18:00 PM
Eefje Schmid, head of the Policy and Impact Unit at the European Investment Bank (EIB) Global's Strategy & Partnerships Department, has unveiled a 150-million-euro loan to be given to Egypt early 2023 to help it overcome the food problem.
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Business
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Economy
11/21/2022 1:03:00 PM
The Board of Directors of the European Investment Bank (EIB) has approved financing worth €10.9 billion to accelerate climate action and clean energy, business investment, health and sustainable transport investment across the world, including Africa, the bank announced Sunday.
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COP27
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To Know
11/14/2022 1:31:07 PM
On the sidelines of the COP27, held in Sharm El-Sheikh, Emerging Market Climate Action Fund (EMCAF) announced on Monday a $25 million investment into Alcazar Energy Partners II, according to the European Investment Bank (EIB).
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COP27
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Focus
11/4/2022 3:10:24 PM
The European Investment Bank (EIB) Group will emphasise the urgency of mobilising massive resources for global warming mitigation and adaptation at the United Nations Climate Change Conference (COP27) that is set to be held in the Red Sea city of Sharm El-Sheikh on 6-18 November, the bank said in a statement.
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Egypt
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Foreign Affairs
10/28/2022 4:39:00 PM
Egypt is set to host the upcoming annual meetings of the Asian Infrastructure Investment Bank (AIIB) in Sharm El-Sheikh on 25-26 September 2023, Egypt’s Minister of Finance and Governor of Egypt to the AIIB Mohamed Maait announced on Friday.
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Al-Ahram Weekly
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Economy
7/5/2022 9:54:00 PM
Vice President of the European Investment Bank Gelsomina Vigliotti explains its recent activities in Egypt and help in preparation for the COP27 meeting in November to Maha Hassan.
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Egypt
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Foreign Affairs
6/20/2022 5:18:28 PM
Egypt’s Foreign Minister Sameh Shoukry continued his meetings with European officials during his visit to Luxembourg, where he met with European Investment Bank (EIB) president Werner Hoyer and Luxembourg officials including Foreign Minister Jean Asselborn.
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Egypt
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Urban & Transport
5/31/2022 9:18:19 PM
Egypt's Ministry of Housing Utilities and Urban Communities singed on Tuesday an agreement with the European Union (EU), the French Development Agency (AFD), and the European Investment Bank (EIB) to upgrade the Helwan wastewater treatment plant in southern Cairo.
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Al-Ahram Weekly
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Egypt
5/27/2022 4:16:00 PM
Egypt is looking to bolster its investments in water desalination projects.
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Business
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Tech
3/29/2022 9:58:42 AM
Telecom Egypt (TE) and the European Investment Bank (EIB) — the lending arm of the European Union (EU) — inked an agreement on Sunday to secure a medium-term loan of €150 million to expand TE's 4G broadband network.
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Al-Ahram Weekly
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Economy
2/17/2022 10:33:00 AM
A leading Emirati lender wants to buy EFG-Hermes, Egypt’s largest investment bank.
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Business
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Markets & Companies
2/13/2022 3:26:32 PM
In a disclosure sent to the Egyptian Exchange (EGX) on Sunday, the investment bank and financial holding company EFG Hermes announced that it will assign financial and legal advisors for the likely acquisition deal offered by the First Abu Dhabi Bank (FAB).
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Business
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Markets & Companies
2/9/2022 2:39:54 PM
The UAE’s First Abu Dhabi Bank (FAB) has submitted a request to the Financial Regulatory Authority (FRA) for a compulsory purchase of Egypt-based investment bank and finance institution EFG Hermes, the three parties announced on Wednesday.
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