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Business
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Economy
7/12/2025 2:45:03 PM
Egypt’s Ministry of Planning, Economic Development, and International Cooperation announced on Thursday the signing of the country’s first sustainability-linked loan agreement, valued at $100 million, between the European Bank for Reconstruction and Development (EBRD) and Banque Misr.
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Business
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Markets & Companies
6/25/2025 6:45:58 PM
The European Bank for Reconstruction and Development (EBRD) has signed a $25 million (€21.7 million) risk-sharing facility with Emirates NBD Egypt to expand access to finance for Egyptian private-sector firms, particularly those with high export potential and youth-led ventures.
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Business
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Economy
5/13/2025 1:34:00 PM
Egypt’s real GDP growth is expected to jump from 2.4 percent in FY2023/2024 to 3.8 percent in the current FY2024/2025, which ends at the end of June, and 4.4 percent in the upcoming FY2025/2026, according to a European Bank for Reconstruction and Development (EBRD) report released on Tuesday.
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Business
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Energy
5/12/2025 6:22:34 PM
The European Bank for Reconstruction and Development (EBRD) has committed $30 million in equity bridge financing to Egypt’s Obelisk Solar Power, a special purpose vehicle owned by Norwegian renewables firm Scatec ASA.
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Business
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Economy
5/9/2025 3:24:21 PM
In an exclusive interview with Ahram Online, President of the ERBD Odile Renauld-Basso, who is visiting Cairo, emphasised that Egypt is a dynamic country with significant and promising capabilities.
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Egypt
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Foreign Affairs
4/30/2025 8:28:35 PM
The European Bank for Reconstruction and Development (EBRD) and ELICA INTERCONNECTOR S.M. S.A., a company of Copelouzos Group, signed a grant agreement on Wednesday to fund the first studies for the Egypt-Greece electrical interconnection project (GREGY).
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Business
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Energy
2/20/2025 3:36:24 PM
The European Bank for Reconstruction and Development (EBRD) and the European Union (EU) have partnered to enhance energy efficiency in Egypt's manufacturing sector through a financing package for the Arabian Cement Company (ACC), per EBRD statement on Thursday.
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Business
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Economy
1/20/2025 6:10:57 PM
Egypt has secured the largest share of the European Bank for Reconstruction and Development (EBRD) investment in the southern and eastern Mediterranean (SEMED) region for the seventh consecutive year, with nearly 1.5 billion euros across 26 projects.
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Business
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Economy
11/20/2024 12:56:30 PM
The European Bank for Reconstruction and Development (EBRD) has extended a 50-million-euro loan to the Commercial International Bank (CIB), a publicly listed Egyptian bank, to promote the growth of small- and medium-sized enterprises (SMEs) in Egypt, according to a statement published on the EBRD website on Tuesday.
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Business
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Economy
11/1/2024 1:01:46 PM
International financial institutions (IFIs), including the World Bank, International Monetary Fund (IMF), and European Bank for Reconstruction and Development (EBRD), have released their GDP projections for Egypt for FY2024/2025 and FY2025/2026.
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Business
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Economy
10/2/2024 7:32:47 PM
The European Bank for Reconstruction and Development (EBRD) inked on Wednesday a partnership agreement with Transfora, a business process automation company and a subsidiary of the Kuwaiti firm Agility, to develop a comprehensive digital platform for the Suez Canal Economic Zone (SCZone).
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World
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Region
9/26/2024 10:02:20 AM
The European Bank for Reconstruction and Development said Thursday that it expected Lebanon's economy to decline further in 2024 because of geopolitical turmoil.
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Business
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Economy
9/9/2024 7:54:52 PM
SPE Capital, the European Bank for Reconstruction and Development (EBRD), Tanmiya Capital Ventures (TCV), and the British International Investment (BII) have acquired Tamweely, a leading Egyptian microfinance player, from Ayady for Investment and Development, NI Capital, and Post for Investment in a deal exceeding EGP 2.5 billion.
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Business
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Markets & Companies
8/6/2024 11:48:12 AM
The European Bank for Reconstruction and Development (EBRD) has lent $20 million to Crédit Agricole Egypt to boost small businesses and green investments in Egypt, according to a statement by EBRD on Monday.
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Business
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Economy
7/3/2024 1:50:29 PM
The Central Bank of Egypt (CBE) signed on Tuesday the Women Entrepreneurs Finance Code initiative (We-Fi) agreement with the European Bank for Reconstruction and Development (EBRD) to finance women entrepreneurs, the CBE said in a statement.
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Business
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Economy
6/27/2024 2:20:44 PM
Heike Harmgart, managing director for the Southern and Eastern Mediterranean (SEMED) region at the European Bank for Reconstruction and Development (EBRD), talked to Ahram Online about the expected outcomes of the upcoming Egypt-EU Investment Conference 2024 and the EBRD plans for the Egyptian market.
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Business
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Economy
5/21/2024 8:28:52 PM
In a move to support the growth of micro, small, and medium-sized enterprises (MSMEs) in Egypt, the European Bank for Reconstruction and Development (EBRD) extended an initial $119.5 million (€109 million) A/B loan to the National Bank of Egypt (NBE).
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Business
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Energy
4/4/2024 2:28:18 PM
The European Bank for Reconstruction and Development (EBRD), in collaboration with Meridiam and Hassan Allam Utilities (HAU), the investment and development arm of Hassan Allam Holding, announced on Thursday raising capital in the new platform HAU Energy BV established to invest in renewable energy projects in Egypt and potentially in other African countries.
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Egypt
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Urban & Transport
3/11/2024 7:01:51 PM
The Arab Organization for Industrialization (AOI) has won a 38.8 million euro contract in an international tender held by the European Bank for Reconstruction and Development (EBRD) to establish four waste recycling plants for the Kitchener Drain, one of Egypt's most contaminated drains, in the Delta region.
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Business
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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.
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