{"id":549491,"date":"2022-09-19T04:00:33","date_gmt":"2022-09-19T04:00:33","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2022\/09\/19\/another-eur-100-mn-in-green-lending-could-be-coming-from-the-eib\/"},"modified":"2022-09-19T04:00:33","modified_gmt":"2022-09-19T04:00:33","slug":"another-eur-100-mn-in-green-lending-could-be-coming-from-the-eib","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2022\/09\/19\/another-eur-100-mn-in-green-lending-could-be-coming-from-the-eib\/","title":{"rendered":"Another EUR 100 mn in green lending could be coming from the EIB"},"content":{"rendered":"<p><strong>The European Investment Bank (EIB)<\/strong> could lend <strong>EUR 100 mn <\/strong>to the <strong>Environmental <\/strong><strong>Affairs Agency<\/strong> for on-lending to public and private industrial companies to green their manufacturing processes, according to the <a href=\"https:\/\/www.eib.org\/en\/projects\/pipelines\/all\/20210635\">bank\u2019s website<\/a>.<\/p>\n<p><strong>Other things we\u2019re keeping an eye on this morning:<\/strong><\/p>\n<ul>\n<li><strong>Egyptian Company for Pipes and Cement Products (Siegwart)<\/strong> is set to open an <strong>EUR 8 mn <\/strong><strong>railway sleepers factory<\/strong> this <strong>October<\/strong>, with an annual production capacity of 500k high-speed railway sleepers. (<a href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/pfbid0KHzYbovyBZS8g1JkZN3mL7vdNCaK2WAFeLYmG3LubotnGR8zaT1PqXhzjA5KYpZHl?__cft__[0]=AZUmM7_0O818rKOWwb4W1P7s7DyZMS6OnumzPiGy-P7xuO5BpLOHIWnZh6y8C8fDFR81-zzrxtKWpOwloPHeJuG6SPewpYK4fCumkEZQKNJqzrx5yJod5fW7Gb6a-fzNvYRFVV_3Xoi5tfyqP-oJE2gHg9Bb9WjRi5hNY4yEC15aSlLeNEjIuT4lnf8GE9ZLXy-Z36e8aVZkP0bIPxYrYiXT&__tn__=%2CO%2CP-R\">Statement<\/a>).<\/li>\n<li>The new <strong><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/5ffcc7b9-e0a3-4662-bd66-e89dc5c939de\">Egyptian-British mint<\/a><\/strong> in the Suez Canal Economic Zone will cost <strong>EGP 2 <\/strong><strong>bn<\/strong> to set up. The facility will produce<strong> 500 mn coins annually<\/strong>, with 50% directed for export. (<a href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/pfbid0fLXtFWAaADTf896Zpd7EGch6TTDVGcDNohkSnEkhQHPWcqwqmR7tRcm7CqJsUCTol\">Cabinet statement<\/a>)<\/li>\n<li>Chinese chemical firm <strong><a href=\"http:\/\/tianyichemical.com\/\">Tianyi Chemical<\/a><\/strong> will build a <strong>bromine plant <\/strong>in the <strong>Suez Canal Economic Zon<\/strong><strong>e<\/strong> that is set to eventually produce <strong>30k tons<\/strong> of bromine a day. (<a href=\"https:\/\/www.facebook.com\/SCZONE.EG\/posts\/pfbid0qWVD2nXJtg8pCiNefdkaphLMDKKsv5Vn7WpFnmFzNVvHHbbq5xqZ1uiJEU6KdXx1l\">Statement<\/a>)<\/li>\n<li><strong>Amazon Egypt head Omar Elsahy<\/strong> met with the head of the <strong>General Authority for Investment and Freezones <\/strong>to discuss increasing investment. (<a href=\"https:\/\/www.facebook.com\/GAFIEG\/posts\/pfbid0PP63EZpaqNkTcVJECKRGRzEAfpxkEhy2wVUv5NiMXHdcoAXnu1J8hgfezkMSqhErl\">Statement<\/a>)<\/li>\n<li><strong>Forty-six pre-trial detainees<\/strong> were released over the weekend, including human rights lawyer <strong>Haitham Mohamadein<\/strong>. (<a href=\"https:\/\/www.youm7.com\/5907341\">Youm7<\/a> | <a href=\"https:\/\/apnews.com\/article\/middle-east-africa-religion-egypt-arrests-82576eb97a084ea4e25dd29d8eefce69\">AP<\/a>)<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>The European Investment Bank (EIB) could lend EUR 100 mn to the Environmental Affairs Agency for on-lending to public and private industrial companies to green their manufacturing processes, according to the bank\u2019s website. Other things we\u2019re keeping an eye on this morning: Egyptian Company for Pipes and Cement Products (Siegwart) is set to open an [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7209],"tags":[111,101,72,760],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-549491","post","type-post","status-publish","format-standard","hentry","category-also-on-our-radar","tag-also-on-our-radar","tag-development-finance","tag-enterpriseam","tag-european-investment-bank","wpautop","entry"],"acf":{"mongo_id":"7d6cd565-00f2-4476-85dc-9fbdae363975","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[549468],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Another EUR 100 mn in green lending could be coming from the EIB - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2022\/09\/19\/another-eur-100-mn-in-green-lending-could-be-coming-from-the-eib\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Another EUR 100 mn in green lending could be coming from the EIB\" \/>\n<meta property=\"og:description\" content=\"The European Investment Bank (EIB) could lend EUR 100 mn to the Environmental Affairs Agency for on-lending to public and private industrial companies to green their manufacturing processes, according to the bank\u2019s website. Other things we\u2019re keeping an eye on this morning: Egyptian Company for Pipes and Cement Products (Siegwart) is set to open an [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2022\/09\/19\/another-eur-100-mn-in-green-lending-could-be-coming-from-the-eib\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2022-09-19T04:00:33+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/09\/19\/another-eur-100-mn-in-green-lending-could-be-coming-from-the-eib\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/09\/19\/another-eur-100-mn-in-green-lending-could-be-coming-from-the-eib\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Another EUR 100 mn in green lending could be coming from the EIB\",\"datePublished\":\"2022-09-19T04:00:33+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/09\/19\/another-eur-100-mn-in-green-lending-could-be-coming-from-the-eib\/\"},\"wordCount\":184,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"ALSO ON OUR RADAR\",\"development finance\",\"EnterpriseAM\",\"European Investment Bank\"],\"articleSection\":[\"Also on our Radar\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/09\/19\/another-eur-100-mn-in-green-lending-could-be-coming-from-the-eib\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2022\/09\/19\/another-eur-100-mn-in-green-lending-could-be-coming-from-the-eib\/\",\"name\":\"Another EUR 100 mn in green lending could be coming from the EIB - 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The facility has been in the pipeline since mid-August. The EIB signed off in July\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":573717,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/08\/16\/eib-could-extend-eur-750-mn-in-covid-finance-to-banque-misr-for-sme-lending\/","url_meta":{"origin":549491,"position":1},"title":"EIB could extend EUR 750 mn in covid finance to Banque Misr for SME lending","author":"enterpriseam admin","date":"16 August 2020","format":false,"excerpt":"The European Investment Bank (EIB) could provide Banque Misr with as much as EUR 750 mn for on-lending to SMEs, according to the bank\u2019s website. The loans would be provided to SMEs impacted by the covid-19 pandemic to finance working capital. The EIB signed off in July on a combined\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":594379,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/10\/28\/eib-considers-eur-90-mn-loan-for-tanta-damietta-railway-upgrade\/","url_meta":{"origin":549491,"position":2},"title":"EIB considers EUR 90 mn loan for Tanta-Damietta railway upgrade","author":"enterpriseam admin","date":"28 October 2019","format":false,"excerpt":"The European Investment Bank (EIB) is looking at extending a EUR 90 mn loan to the government to upgrade the Tanta-Mansoura-Damietta railway line, according to its website. The project is expected to cost a total of EUR 193 mn, and involves double-tracking a 65 km stretch of line and installing\u2026","rel":"","context":"In &quot;Automotive + Transportation&quot;","block_context":{"text":"Automotive + Transportation","link":"https:\/\/enterpriseam.com\/egypt\/category\/automotive-transportation\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":569026,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/02\/11\/eib-to-support-infrastructure-projects-with-eur-123-mn-in-financing\/","url_meta":{"origin":549491,"position":3},"title":"EIB to support infrastructure projects with EUR 123 mn in financing","author":"enterpriseam admin","date":"11 February 2020","format":false,"excerpt":"EIB to provide EUR 123 mn to finance infrastructure projects: The Egyptian government has signed three financing agreements worth EUR 122.7 mn with the European Investment Bank (EIB) to fund infrastructure projects. The bank will provide a EUR 120 mn loan to increase the capacity of the Alexandria West Wastewater\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/2\/148.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":590290,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/07\/17\/eib-could-provide-usd-300-mn-for-new-rail-line-plus-madinet-masr-acquires-minka-tenth-of-ramadan-dry-port-green-methanol-new-freezones-incoming\/","url_meta":{"origin":549491,"position":4},"title":"EIB could provide USD 300 mn for new rail line. PLUS: Madinet Masr acquires Minka, Tenth of Ramadan dry port, green methanol, new freezones incoming","author":"enterpriseam admin","date":"17 July 2023","format":false,"excerpt":"The EBRD has provided EUR 40 mn to help fund the line, which will be used for freight and passenger trains","rel":"","context":"In &quot;Also on our Radar&quot;","block_context":{"text":"Also on our Radar","link":"https:\/\/enterpriseam.com\/egypt\/category\/also-on-our-radar\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/7\/647.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":573106,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/07\/20\/bulk-of-eur-1-1-bn-eib-loan-to-finance-transport-upgrades-al-mashat\/","url_meta":{"origin":549491,"position":5},"title":"Bulk of EUR 1.1 bn EIB loan to finance transport upgrades -Al Mashat","author":"enterpriseam admin","date":"20 July 2020","format":false,"excerpt":"Bulk of EUR 1.1 bn EIB loan to finance transport upgrades -Al Mashat: More than half of the EUR 1.9 bn loan agreed with the European Investment Bank (EIB) last week will go towards upgrading public transport infrastructure, International Cooperation Minister Rania Al Mashat said yesterday. A total of EUR\u2026","rel":"","context":"In &quot;Diplomacy + Foreign Trade&quot;","block_context":{"text":"Diplomacy + Foreign Trade","link":"https:\/\/enterpriseam.com\/egypt\/category\/diplomacy-foreign-trade\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/549491","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=549491"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/549491\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/549468"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=549491"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=549491"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=549491"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=549491"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=549491"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}