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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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Business
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Markets & Companies
11/10/2021 4:49:06 PM
The European Investment Bank (EIB) launched on Tuesday an Adaptation Plan to support projects around the world to adapt to the impacts of climate change.
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Business
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Markets & Companies
11/9/2021 1:50:37 PM
The European Investment Bank (EIB) and Allianz Global Investors (AllianzGI), one of the world’s leading active investment managers have launched the Emerging Market Climate Action Fund (EMCAF) in a public and private partnership with the Governments of Germany and Luxembourg.
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Business
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Economy
11/2/2021 6:34:52 PM
The Asian Infrastructure Investment Bank (AIIB) and the OPEC Fund for International Development have allocated a loan worth $200 million for the National Bank of Egypt (NBE) with the aim of supporting Egypt’s efforts to enhance the growth of investments across various infrastructure sectors, the bank announced.
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Business
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Economy
10/28/2021 11:57:26 AM
Alfredo Abad, the regional representative of the European Investment Bank (EIB) in Egypt, asserted that Egypt’s decision to not renew the state of emergency will positively affect the country’s economy and lure more investments.
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Business
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Economy
10/26/2021 5:02:30 PM
Total investments by the European Investment Bank (EIB) in Egypt in 2021 are expected to reach 1 billion euros, according to the head of the EIB's Regional Representation to the Near East Alfredo Abad.
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Business
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Markets & Companies
10/11/2021 6:02:20 PM
The European Bank for Reconstruction and Development (EBRD) and the European Investment Bank (EIB) have agreed to deepen their cooperation on joint financing projects and platforms in countries outside the European Union (EU) where they both operate, the two banks announced.
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Business
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Economy
9/27/2021 11:11:38 PM
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Al-Ahram Weekly
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Economy
8/19/2021 11:03:00 AM
The state-owned National Investment Bank is being restructured
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Business
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Economy
5/20/2021 3:42:23 PM
The acquisition includes a capital increase that will raise the paid-in capital of the AIB to EGP 5 billion
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Egypt
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Politics
5/19/2021 10:11:18 PM
TSFE has said the partnership with EFG Hermes comes under the fund’s plan that aims at cooperating with the private sector to invest in promising sectors
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Business
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Economy
5/17/2021 4:29:44 PM
The EIF, as part of the EIB Group and the EU, will jointly prepare a framework to stimulate investments in blue innovation and to implement the Farm to Fork and bioeconomy strategies
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