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. ...

NUCA’s EGP 4 bn Bond Issuance Wins ‘Deal of the Year 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.

EBRD Pumps EUR 5.3 bn in 99 Egyptian Projects

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.

Hassan Allam Gets USD 20 mn EBRD Loan for New Investments

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.

CIRA Inks EBRD Funding Deal for University in Upper Egypt

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 ...

Egypt Gets USD 252 mn Funding for Red Sea’s West Bakr Wind

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, lo ...

EIB Plans to Finance NAC’s Monorail Project

The European Investment Bank (EIB) eyes financing the monorail project that will link Greater Cairo to the New Administrative Capital (NAC).

EBRD to Offer USD 200 mn to Finance Green Mall in East Cairo

The European Bank for Reconstruction and Development (EBRD) plans to provide USD 200 mn loan to finance building a green shopping and entertainment mall, City Center Almaza, in east Cairo.

Benban Solar Park to Fully Operate This Year

Aswan's Benban Solar Park, set to be largest in the world upon completion at 1.8 GW total capacity, is scheduled to operate at full capacity during the current year, in a bid to raise Egypt's use of renewable ener ...

Cabinet Approves Funding Facilities for Water Projects in Egypt

Egypt's cabinet ratified during its Council of Ministers meeting on January 2 four agreements with preferential funding terms for water, sewage treatment, and sanitation projects in a number of governorates across ...

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