European Bank for Reconstruction and Development

Egypt receives first of 6 new metro vehicles from Korea
Egypt

Egypt receives first of 6 new metro vehicles from Korea

The Egyptian Company for the Management and Operation of the Cairo Metro, on Wednesday, received the first of six new…
Egypt signs three agreements with global development partners totaling $92.5 million
Business

Egypt signs three agreements with global development partners totaling $92.5 million

Minister of International Cooperation Rania al-Mashat on Saturday signed three agreements, totaling US$92.5 million, with the French Development Agency (FDA),…
ALEXBANK, EBRD sign $50 million loan agreement
Business

ALEXBANK, EBRD sign $50 million loan agreement

ALEXBANK and the European Bank for Reconstruction and Development (EBRD) signed a $50 million loan agreement on Sunday financing small…
CBE governor who led Egypt through worst currency crisis in 30 years to serve second term in office
Business

CBE governor who led Egypt through worst currency crisis in 30 years to serve second term in office

Egyptian President Abdel Fattah al-Sisi has renewed Tarek Amer’s term as governor of the Central Bank of Egypt (CBE), al-Borsa newspaper reported…
Mayor says Turkish state banks shut out Istanbul after poll win
Middle East

Mayor says Turkish state banks shut out Istanbul after poll win

ISTANBUL (Reuters) — Istanbul’s new mayor has said Turkey’s state banks stopped making routine loans to the city after a…
Egypt signs US$3 billion agreements during Africa Investment Forum 2019
Business

Egypt signs US$3 billion agreements during Africa Investment Forum 2019

Egypt’s Prime Minister Mostafa Madbouly signed 11 agreements valuing at three billion dollars during the Africa Investment Forum (AIF) 2019…
940,000-euro grant approved to renovate Egypt’s rail freight transport system
Life & Style

940,000-euro grant approved to renovate Egypt’s rail freight transport system

The cabinet approved a grant of 940,000 euros offered by the European Bank for Reconstruction and Development, the Ministry of…
Egypt, European Bank discuss railway, maritime transport, ports projects
Business

Egypt, European Bank discuss railway, maritime transport, ports projects

Egypt’s Minister of Transportation Kamel al-Waziri and Minister of Investment and International Cooperation Sahr Nasr held a meeting with the…
Environment minister meets European Bank senior official
Egypt

Environment minister meets European Bank senior official

Environment Minister Yasmin Fouad received Janet Heckman, Executive Director of the Southern and Eastern Mediterranean Region of the European Bank…
Minister Sahar Nasr, EBRD president discuss increasing investment in Egypt
Economy

Minister Sahar Nasr, EBRD president discuss increasing investment in Egypt

Minister of Investment and International Cooperation Sahar Nasr held talks on Saturday with president of the European Bank for Reconstruction…
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