The European Bank for Reconstruction and Development (EBRD) has partnered with the government of Egypt to turn the 6th of October Metropolis into a green city. The new strategy will …
EBRD
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Economy
Banque du Caire, EBRD Expand Support for MSMEs and Female Entrepreneurs in Egypt
by Nada Khaledby Nada KhaledAccording to the EBRD’s website, The European Bank for Reconstruction and Development (EBRD) is offering a financing package of US$50 million (€46 million) to Banque du Caire (BDC), one of …
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Highlights
EBRD encourages Egypt to accelerate its green agenda in becoming a regional hub for clean energy
The European Bank for Reconstruction and Development (EBRD) applauds Egypt’s efforts to strengthen the business climate, increase private sector engagement, and establish the NWFE initiative to accelerate the transition to …
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EconomyHighlightsWomen’s Achievements
EBRD Celebrates Women’s Entrepreneurship Day by Honoring Women Entrepreneurs
by Nada Khaledby Nada KhaledIn honor of Women’s Entrepreneurship Day, which falls on 19 November, the European Bank for Reconstruction and Development (EBRD) shines a spotlight on the remarkable achievements of three inspiring women-led …
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EconomyHighlights
Egypt Receives $2.1 Bln Loans To Private Sector During 2023: Al Mashat
by Asmaa Elwahyby Asmaa ElwahyMinister of International Cooperation Rania Al-Mashat announced that Egypt has secured $2.1 billion in concessional financing for its private sector from international partners since the beginning of 2023, during a …
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Highlights
Board Members, Executives of Financial and Non-financial Egyptian Corporations Launch Chapter Zero Egypt
by Nada Khaledby Nada KhaledThe official launch of Chapter Zero Egypt was announced on July 12, at a reception bringing together representatives of the private sector, Chairpersons and members of Boards of Directors, senior …
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News
Banque Misr May Receive $260 M Loan from IFC for Local MSMEs, Women-Owned SMEs
by Nada Khaledby Nada KhaledThe International Finance Corporation (IFC) may extend $260 million to state-owned Banque Misr for on-lending to local MSMEs and women-owned SMEs. According to the lender’s website, the IFC will fund …
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News
Int’l Cooperation Minister, EBRD Discusses Ways to Lure Private Sector’s Participation in NWFE Projects
by Asmaa Elwahyby Asmaa ElwahyMinister of International Cooperation Rania Al-Mashat had talks with President of the European Bank for Reconstruction and Development (EBRD) Odile Renaud-Basso on Wednesday regarding the executive measures taken in tandem …
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News
Egypt Gives Boost To Local Production, Stimulates Diversification Strategies: EBRD official
by Asmaa Elwahyby Asmaa ElwahyThe Managing Director, of Southern and Eastern Mediterranean at the European Bank for Reconstruction and Development (EBRD), Heike Harmgart, stated that the pressure of global food prices has led to …
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The European Bank for Reconstruction and Development (EBRD) announced on Thursday that it is providing a $40 million loan to Angel Yeast Egypt, a global yeast and yeast extract manufacturer. The loan …