Investment Minister to sign agreement with EBRD: The European Bank for Reconstruction and Development’s Managing Director for the SEMED region Janet Heckman is expected to sign an agreement today with Investment and International Cooperation Minister Sahar Nasr, according to a ministry statement. The statement provides no details on the agreement that will be signed, but we speculate it may be a USD 500 mn framework to finance renewable energy projects, which the bank’s board of directors approved earlier this month. Heckman also met with Foreign Minister Sameh Shoukry yesterday to discuss the bank’s current and future projects in Egypt, Ahram Gate reports.

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