EBRD
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Business Developers
EBRD Gives USD 12 mn Loan to Al Dau Al Haram for Hyatt Regency Hotel
Saturday, 2 January 2021
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 Regency-branded hotel in west Cairo.
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Investment
Egypt Secures USD 7.31 bn in Funding in 2020: Al-Mashat
Monday, 7 December 2020
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 which is being directed to the private sector.
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Investment
EBRD Approves USD 12 mn Loan for Hyatt Regency Cairo West
Wednesday, 5 August 2020
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 west Cairo's Pyramids Heights Business Park.
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Investment
EBRD to Back NUCA Bond Program with Another EGP 1.5 bn
Sunday, 26 July 2020
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.
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Investment
EBRD Extends USD 200 mn Facility to Boost Egypt’s Private Sector
Thursday, 25 June 2020
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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Government
NUCA’s EGP 4 bn Bond Issuance Wins ‘Deal of the Year 2020’
Tuesday, 19 May 2020
The Banker, a sister publication of the Financial Times, granted the New Urban Communities Authority's (NUCA) EGP 4 bn bond issuance the “Deal of the Year 2020 - Africa” award.
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Investment
EBRD Pumps EUR 5.3 bn in 99 Egyptian Projects
Wednesday, 11 December 2019
The European Bank for Reconstruction and Development (EBRD) is committed to increasing its investments in Egypt, pumping about EUR 5.3 bn (EGP 95 bn) through the development of 99 domestic projects.
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Investment
Hassan Allam Gets USD 20 mn EBRD Loan for New Investments
Thursday, 21 November 2019
Hassan Allam Holding (HAH) has signed an agreement with the European Bank for Reconstruction and Development (EBRD) for a USD 20 mn loan to support the construction and utility sectors in Egypt.
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Developers
CIRA Inks EBRD Funding Deal for University in Upper Egypt
Tuesday, 1 October 2019
Cairo for Investment and Real Estate Development (CIRA) signed an agreement with the European Bank for Reconstruction and Development (EBRD) for an EGP-denominated facility worth EUR 25 mn ( EGP 442.78 mn) to set up a university in west Assiut’s Nasser City
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Investment
Egypt Gets USD 252 mn Funding for Red Sea’s West Bakr Wind
Sunday, 18 August 2019
The European Bank for Reconstruction and Development (EBRD) will extend USD 252 mn in funding to the 250-megawatt West Bakr Wind in Egypt’s Red Sea Governorate, aiming to bolster the production of clean energy, lower generation costs, and diversify the country’s energy mix.
Latest News
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Engineering Solutions Adds EGP 2 bn Business Value during 2021
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Isqan Partners with Qasatli to Digitize the Egyptian Resale Market
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Lasirena Group to Deliver 250 Residential Units in North Coast
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Constec Expands Work in Fouka Bay with EGP 150 mn
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Last Modified April 7, 2021