European Investment Bank

Egypt, EIB sign financing agreements worth 300 million euros
Business

Egypt, EIB sign financing agreements worth 300 million euros

The development financing agreements signed with the European Investment Bank (EIB), since the beginning of 2022 have recorded 300 million…
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),…
Egypt signs 3 agreements with European Investment Bank
Egypt

Egypt signs 3 agreements with European Investment Bank

Egypt’s International Cooperation Minister Rania al-Mashat on Tuesday announced that it has now signed three financing agreements with the European…
European Investment Bank’s investments in Egypt reach €9 billion
Business

European Investment Bank’s investments in Egypt reach €9 billion

The European Investment Bank (EIB) will enhance its partnership with Egypt to fund infrastructure projects and small and medium sized…
Climate change is a matter of survival…join us in taking action
Opinion

Climate change is a matter of survival…join us in taking action

  Comparing my window view of Cairo over twenty years ago with today, I can see that its weather has…
EIB offers US$500 million to develop Cairo Metro line
Business

EIB offers US$500 million to develop Cairo Metro line

The European Investment Bank has offered US$500 million to finance the development of the first Cairo Metro line, which extends…
Cabinet approves $600 mn loan for Damanhur power station
Egypt

Cabinet approves $600 mn loan for Damanhur power station

The Cabinet approved a request by the ministry to receive a loan of US$600 million from the European Investment Bank…
Salafi MPs consider EU loan as usury
Egypt

Salafi MPs consider EU loan as usury

Salafi MPs on Sunday accused the Muslim Brotherhood of accepting usury after the Shura Council approved an agreement with the…
Activists challenge European Investment Bank’s ties to EFG Hermes
Business

Activists challenge European Investment Bank’s ties to EFG Hermes

The Egyptian investment bank EFG Hermes had Gamal Mubarak, once considered the next heir to Egypt’s presidency and now on…
European Investment Bank to give Egypt US$2.1 billion
Business

European Investment Bank to give Egypt US$2.1 billion

The European Investment Bank will give 1.5 billion euros (US$2.1 billion) to Egypt between 2011 and 2013 for projects including…
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