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Business
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Economy
11/6/2025 11:32:26 AM
The state-owned National Investment Bank (NIB) has received the international ISO 9001:2015 certification for quality management in financial services linked to national investments, as part of its ongoing development and restructuring efforts.
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Business
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Economy
9/28/2025 4:55:35 PM
Egypt’s Monetary Policy Committee (MPC) is likely to keep key interest rates unchanged at its meeting on Thursday, 2 October, according to investment bank HC Securities & Investment.
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Business
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Economy
7/1/2025 2:44:38 PM
The Asian Infrastructure Investment Bank (AIIB) and the Arab Fund for Economic and Social Development signed a memorandum of understanding (MoU) on Tuesday, establishing a strategic partnership to scale up their cooperation and accelerate the delivery of transformative, climate-resilient, and connectivity-driven infrastructure in shared priority regions.
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Business
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Economy
7/1/2025 1:20:09 PM
The European Investment Bank (EIB) and the European Commission have announced a five billion euro guarantee aimed at supporting riskier global investments and advancing the European Union’s (EU) Global Gateway strategy.
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Business
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Energy
6/15/2025 7:31:06 PM
Egypt and EIB Global, the development arm of the European Investment Bank (EIB), have secured a 21 million euro European Union (EU) grant to accelerate industrial decarbonization and promote recycling, the EIB said in a statement on Sunday.
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Business
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Economy
3/3/2025 3:11:35 PM
Egypt secured a €90 million concessional loan from the European Investment Bank (EIB) on Monday for the Emergency Food Security and Resilience Support Project to install new wheat silos and reduce bread costs for citizens.
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Business
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Economy
10/13/2024 8:33:52 PM
The European Investment Bank (EIB) perceives Egypt as a market with great potential, mainly in the renewables, transportation, and small and medium-sized enterprises (SMEs) sectors, according to the head of EIB's regional office in Cairo.
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Egypt
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Urban & Transport
8/29/2024 2:26:19 PM
President Abdel-Fattah El-Sisi has approved a 250 million euro loan deal with the Asian Infrastructure Investment Bank (AIIB) to modernize the Abu Qir railway line in Alexandria into an electric metro system, Egyptian state news agency MENA reported on Thursday.
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Business
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Economy
6/28/2024 7:02:51 PM
Gelsomina Vigliotti, the Vice President of the European Investment Bank (EIB), the EU’s investment arm, told Ahram Online that the upcoming Egypt-EU Investment Conference 2024 marks "the first important step in activating the EU-Egypt Strategic partnership" that was announced in March this year.
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Business
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Economy
6/28/2024 6:01:46 PM
Guido Clary, the head of the European Investment Bank (EIB) regional office in Cairo, reaffirmed in an interview with Ahram Online on the eve of the Egypt-EU Investment Conference 2024, which is set for 29-30 June in the Egyptian capital, the deep relations between the EU and Egypt
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Business
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Economy
4/23/2024 3:01:53 PM
The Central Bank of Egypt (CBE) is expected to cut the key interest rates in May by two percent (200 bps), based on its view of inflation decreasing to 20 percent by the end of 2024, the US-based investment bank Goldman Sachs said in a research note.
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Business
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Economy
2/27/2024 3:01:39 PM
European Investment Bank (EIB) President Nadia Calviño welcomed on Tuesday Egypt's Minister of International Cooperation Rania Al-Mashat to the EIB's headquarters in Luxembourg for a meeting on strengthening economic cooperation.
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Business
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Economy
2/26/2024 1:27:06 PM
Minister of International Cooperation Rania Al-Mashat arrived in Luxembourg on Monday for an official visit to the headquarters of the European Investment Bank (EIB), the European Union’s (EU) financing arm and Climate Bank for Europe, to meet its new president, Nadia Calviño.
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Business
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Economy
2/4/2024 7:54:26 PM
Goldman Sachs, the renowned American investment bank, anticipated that Egypt is on the verge of securing a $12 billion financing deal with the International Monetary Fund (IMF), according to a report by Asharq Bloomberg on their official account on X on Sunday.
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Business
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Economy
2/1/2024 8:35:31 PM
Global investment banks Goldman Sachs and Pictet Asset Management issued recommendations urging investors to purchase Egypt's US dollar-denominated bonds, according to a report by Bloomberg.
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Business
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Economy
12/18/2023 3:19:53 PM
Africa advanced efforts to develop an independent drug industry after Rwanda agreed to host the African Pharmaceutical Technology Foundation (APTF) in partnership with the European Investment Bank (EIB) and the African Development Bank (AfDB), according to a statement on Monday.
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Business
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Economy
12/13/2023 1:13:17 PM
The European Bank for Reconstruction and Development (EBRD) is considering providing two loans totaling $35 million to the Egypt-based Arab Investment Bank (aiBank), according to statements by the EBRD on Tuesday.
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Business
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Economy
12/6/2023 2:02:02 PM
Egypt’s budget deficit will increase by one percent in the fiscal year (FY) 2023/2024 to account for 7.1 percent of GDP, up from 6.1 percent in FY2022/2023, due to the increase in debt service payments, according to a report by Investment bank HC Securities and Investment on Wednesday.
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Business
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Economy
11/21/2023 4:50:54 PM
The European Investment Bank (EIB) has inaugurated a new regional hub in Cairo to foster cooperation with Middle Eastern and North African (MENA) partners, according to a statement by the bank on Monday.
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Al-Ahram Weekly
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Egypt
10/17/2023 8:24:02 PM
Doaa A. Moneim talks to Sir Danny Alexander, vice president for Policy and Strategy at the Asian Infrastructure Investment Bank, about the bank’s plans for Egypt
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