Search Result
"EBRD"

176 results

Business - Economy
1/31/2024 3:28:49 PM
As Egypt is facing a tough economic situation, various global economic institutions have given different projections for Egypt's real GDP growth in 2024.

Business - Economy
1/25/2024 7:21:58 PM
Egypt dominated the European Bank for Reconstruction and Development’s (EBRD) investments in the Southern and Eastern Mediterranean last year as the lender committed €1.29 billion to 16 projects.

Business - Economy
1/23/2024 10:52:58 AM
The European Bank for Reconstruction and Development (EBRD) has selected its first Civil Society Organization (CSO) Steering Committee comprising international non-governmental organizations (INGOs) and CSOs from across the EBRD’s regions, according to a statement on Monday.

Business - Economy
12/21/2023 4:04:45 PM
The Damietta Port Authority (DPA) and Damietta Alliance Container Terminals signed agreements with an international consortium led by HSBC Egypt and the International Finance Corporation (IFC) to facilitate providing $455 million to finance constructing the superstructure of the Second Container Terminal Tahya Misr 1 in Damietta Port.

Business - Economy
12/20/2023 2:24:51 PM
The European Bank for Reconstruction and Development (EBRD) announced providing a $100 million loan to the National Bank of Egypt (NBE) to finance Egyptian private micro, small, and medium enterprises (MSMEs), according to the EBRD’s website.

Business - 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.

Business - Economy
11/29/2023 2:44:10 PM
The European Bank for Reconstruction and Development (EBRD) is seeking the acquisition of minority stakes in state-owned financial institutions earmarked for privatization in Egypt, Heike Harmgart, head of EBRD's south- and east-Mediterranean operations, said on Tuesday.

Business - Markets & Companies
11/19/2023 3:59:59 PM
The Egypt-listed Commercial International Bank (CIB) has secured a $150 million loan from the European Bank for Reconstruction and Development (EBRD) to cushion against economic risks, according to a bourse statement on Sunday.

Business - Economy
10/23/2023 10:00:49 PM
The European Bank for Reconstruction and Development (EBRD) has mobilized $2 billion to finance development projects in Egypt during 2023, said Heike Harmgart, Regional Director for the Southern and Eastern Mediterranean Region at the bank on Monday.

Business - Economy
10/15/2023 4:18:45 PM
The European Bank for Reconstruction and Development (EBRD) is to grant a €165 million loan to Egypt to finance the upgrade of the electricity transmission grid, a venture that is also aimed at reducing pollutant emissions.

Business - Economy
8/20/2023 4:13:48 PM
The European Bank for Reconstruction and Development (EBRD) is set to approve a $125 million loan to build a second container terminal for Egypt's Damietta Port on 4 October, according to the bank's website.

Business - Economy
8/3/2023 6:27:10 PM
The European Bank for Reconstruction and Development (EBRD) has invested €27 million in securitized bonds issued in Egypt to support municipal infrastructure projects.

Business - Economy
7/12/2023 4:01:15 PM
The Ministry of International Cooperation announced on Wednesday, that the European Bank for Reconstruction and Development (EBRD) provided $532.5 million in soft development financing to two Egyptian state-owned banks and an equity fund.

Business - Economy
5/17/2023 4:07:22 PM
The European Bank for Reconstruction and Development (EBRD), the EU and emerging-market asset manager ILX Management announced Wednesday a new partnership aiming to enhance private-sector finance in the EBRD’s regions, including the southern and eastern Mediterranean where Egypt is located.

Business - 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.

Business - 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).

Business - Economy
3/29/2023 5:06:52 PM
Egypt secured a total of $2.6 billion in development financing from its multilateral and bilateral development partners for the private sector in 2022, according to the 2022 Annual Report “International Partnerships for Sustainable Development: From Pledges to Implementation” the Ministry of International Cooperation released on Wednesday.

Business - 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.

Business - 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).

Business - 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.

2 3 4 5 6 7 8 9 Next