European Investment Bank
Egypt, EIB sign financing agreements worth 300 million euros
Business
May 24, 2022
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
August 23, 2020
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
June 9, 2020
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
November 13, 2019
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
September 25, 2018
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
March 30, 2017
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
February 19, 2016
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
February 10, 2013
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
December 29, 2011
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
July 15, 2011
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…