Housing Ministry Officials, EBRD Join Forces to Implement Green City Action Plan for 6th of October City

Abdel Khaleq Ibrahim, Assistant Minister of Housing for Technical Affairs, along with officials from the New Urban Communities Authority (NUCA), launched the green transformation action plan for 6th of October Cit ...

New City Collaborates with EBRD to Launch Investment and Sustainable Asset Management Plan

Waleed Abbas, Vice President of the New Urban Communities Authority for the Planning and Projects Sector, has announced the launch of a project in collaboration with the European Bank for Reconstruction and Develo ...

Housing Ministry Officials, EBRD Review Go Green Action Plan for 6th of October City

Abdul Khalek Ibrahim, the deputy housing minister, met with officials from EBRD to review the green transformation action plan for the 6th of October City, funded by the bank, Invest-Gate reports.

Deputy Housing Minister Inspects Water Projects with EBRD’s Delegation

During the meeting, Ismail touches on areas of future cooperation between the drinking water and sanitation facilities sector at the Ministry of Housing, Utilities, and Urban Communities and EBRD, within the frame ...

Ministry of Housing Holds Preparatory Panel to Implement Green City Project in 6th of October City

Adel El Naggar, head of 6th of October City Development Authority, says that a preparatory session was held to implement the project of the Green City Action Plan for 6th of October City. This project was launched ...

EBRD Gives USD 12 mn Loan to Al Dau Al Haram for Hyatt Regency Hotel

The European Bank for Reconstruction and Development (EBRD) has extended a USD 12 mn (EGP 190.1 mn) long-term loan to Al Dau Al Haram for Hotel Operations for the regeneration of a brownfield site into a Hyatt Reg ...

Egypt Secures USD 7.31 bn in Funding in 2020: Al-Mashat

Egypt’s Ministry of International Cooperation managed to conclude agreements worth USD 7.31 bn (EGP 114.6 bn) in development funds from multilateral and bilateral partners in 2020, USD 2.76 bn (EGP 43.3 bn) of whi ...

EBRD Approves USD 12 mn Loan for Hyatt Regency Cairo West

The European Bank for Reconstruction and Development (EBRD) has approved the provision of a USD 12 mn (EGP 192 mn) long-term loan to bankroll the construction of the second Hyatt-branded hotel in Egypt, located in ...

EBRD to Back NUCA Bond Program with Another EGP 1.5 bn

The European Bank for Reconstruction and Development (EBRD) will back the New Urban Communities Authority’s (NUCA) latest EGP 10 bn securitized bond issuance with EGP 1.5 bn investment.

EBRD Extends USD 200 mn Facility to Boost Egypt’s Private Sector

The European Bank for Reconstruction and Development (EBRD) has granted a USD 200 mn (EGP 3.24 bn) financing package to the National Bank of Egypt (NBE) for trade and on-lending to local Coronavirus-hit companies. ...

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