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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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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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