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We’re getting EUR 138 mn in EU development grants
The EU and the International Cooperation Ministry yesterday signed development financing grants worth a total of EUR 138 mn that…
CIB could get USD 20 mn from EBRD for SME lending
CIB could soon receive a USD 20 mn loan from the European Bank for Reconstruction and Development (EBRD) for on-lending…
Tuk-tuk replacement still undecided + ABB to open train component plant in Egypt
The Madbouly government is in talks with an international automaker to produce vehicles to replace tuk-tuks, Public Enterprises Minister Hisham…
House Planning Committee to review 2022-2023 draft budget
The House of Representatives voted in plenary session yesterday to send the draft FY 2022-2023 budget to the budget and…
EBRD to double down on SCZone digitization support
EBRD to offer more support for SCZone’s digital transformation: The European Bank for Reconstruction and Development (EBRD) signed an agreement…
Egypt signs USD 1.5 bn funding agreement for basic imports with ITFC
The ITFC is lending us another USD 1.5 bn for petroleum + commodities imports: Egypt has signed a fresh USD…
More financing from ITFC could be coming our way in February
The Madbouly government plans to finalize as early as this month a new financing program for 2022 with the International…
EBRD writes USD 100 mn check for Scatec’s green bond
EBRD backs Scatec Solar Benban green bond: The European Bank for Reconstruction and Development (EBRD) will subscribe to almost a…
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