{"id":641177,"date":"2017-09-14T04:11:06","date_gmt":"2017-09-14T04:11:06","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/09\/14\/egypt-signs-agreements-worth-eur-400-mn-with-eib\/"},"modified":"2017-09-14T04:11:06","modified_gmt":"2017-09-14T04:11:06","slug":"egypt-signs-agreements-worth-eur-400-mn-with-eib","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/09\/14\/egypt-signs-agreements-worth-eur-400-mn-with-eib\/","title":{"rendered":"Egypt signs agreements worth EUR 400 mn with EIB"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-05\"><\/a> <strong>Egypt signs agreements worth EUR 400 mn with EIB: <\/strong>Egypt signed a number of agreements with the European Investment Bank (EIB) yesterday that will see the lender contribute close to EUR 400 mn to wastewater and sanitation projects, <a href=\"http:\/\/www.miic.gov.eg\/Front\/Media\/NewsDetail.aspx?SLang=E&MedId=8372\">according to a statement<\/a> from the Investment and International Cooperation Ministry. Minister Sahar Nasr signed a EUR 4.7 mn funding agreement with EIB\u2019s Vice President Dario Scannapieco for sanitation projects in Kafr El Sheikh, as well as three other MoUs that will see the bank contribute EUR 209 mn to the Kafr El Sheikh Kitchener drainage project, EUR 172 mn to a water treatment project in Fayoum, and a EUR 400k technical grant to the Alexandria Water Company. Nasr said that in addition to a total EUR 77 mn from EIB, the European Bank for Reconstruction and Development and the European Commission have also each contributed EUR 55 mn and EUR 15 mn, respectively, to water projects in Kafr El Sheikh.<\/p>\n<p><strong>EIB pledges EUR 600 mn to support SMEs in MENA: <\/strong>The agreements were inked during EIB\u2019s MED Conference in Cairo, where Scannapieco announced the bank recently agreed to make EUR 600 mn in funding available for SME support in Egypt, Jordan, Lebanon, Tunisia, and Morocco. According to Nasr, the <strong>EIB has committed a total EUR 8.2 bn to Egypt projects <\/strong>and that the bank\u2019s portfolio in the country currently stands at USD 1.7 bn.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Egypt signs agreements worth EUR 400 mn with EIB: Egypt signed a number of agreements with the European Investment Bank (EIB) yesterday that will see the lender contribute close to EUR 400 mn to wastewater and sanitation projects, according to a statement from the Investment and International Cooperation Ministry. Minister Sahar Nasr signed a EUR [&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":[8572],"tags":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-641177","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"e8add94c-264f-4f80-a419-9dace0dc9e8b","order":"0","is_powered_by":true,"section_story_id":"65d8d459-4480-42b2-ae81-069605175cbd","story_type":"1","photo_url":"","photo_position":"above","related_issue":[641167],"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>Egypt signs agreements worth EUR 400 mn with 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\/2017\/09\/14\/egypt-signs-agreements-worth-eur-400-mn-with-eib\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egypt signs agreements worth EUR 400 mn with EIB\" \/>\n<meta property=\"og:description\" content=\"Egypt signs agreements worth EUR 400 mn with EIB: Egypt signed a number of agreements with the European Investment Bank (EIB) yesterday that will see the lender contribute close to EUR 400 mn to wastewater and sanitation projects, according to a statement from the Investment and International Cooperation Ministry. Minister Sahar Nasr signed a EUR [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/09\/14\/egypt-signs-agreements-worth-eur-400-mn-with-eib\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-09-14T04:11:06+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\/2017\/09\/14\/egypt-signs-agreements-worth-eur-400-mn-with-eib\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/09\/14\/egypt-signs-agreements-worth-eur-400-mn-with-eib\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Egypt signs agreements worth EUR 400 mn with EIB\",\"datePublished\":\"2017-09-14T04:11:06+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/09\/14\/egypt-signs-agreements-worth-eur-400-mn-with-eib\/\"},\"wordCount\":232,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/09\/14\/egypt-signs-agreements-worth-eur-400-mn-with-eib\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/09\/14\/egypt-signs-agreements-worth-eur-400-mn-with-eib\/\",\"name\":\"Egypt signs agreements worth EUR 400 mn with EIB - 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The agreements will allow EIB to help implement infrastructure projects throughout 79 villages. EIB had previously\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":[]},{"id":623024,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/10\/18\/eib-approves-eur-214-mn-loan-for-kitchener-drain-depollution\/","url_meta":{"origin":641177,"position":2},"title":"EIB approves EUR 214 mn loan for Kitchener Drain depollution","author":"enterpriseam admin","date":"18 October 2018","format":false,"excerpt":"The European Investment bank (EIB) approved a EUR 214 mn loan for Egypt\u2019s Kitchener Drain depollution project, according to an Investment Ministry statement (pdf). The loan brings up the total financing pledged for the project to EUR 400 mn, with EUR 148 mn approved by the European Bank for Reconstruction\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":[]},{"id":574297,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/09\/06\/nbe-signs-eur-800-mn-agreement-with-eib-for-sme-financing\/","url_meta":{"origin":641177,"position":3},"title":"NBE signs EUR 800 mn agreement with EIB for SME financing","author":"enterpriseam admin","date":"6 September 2020","format":false,"excerpt":"DEBT WATCH- NBE signs EUR 800 mn agreement with EIB for SME financing: The National Bank of Egypt has signed a EUR 800 mn financing agreement with the European Investment Bank (EIB) to fund SMEs that have been impacted by covid-19, International Cooperation Minister Rania Al Mashat announced, according to\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":576101,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/11\/10\/transport-ministry-eib-to-sign-eur-1-1-bn-financing-agreements-in-december-and-january\/","url_meta":{"origin":641177,"position":4},"title":"Transport Ministry, EIB to sign EUR 1.1 bn financing agreements in December and January","author":"enterpriseam admin","date":"10 November 2020","format":false,"excerpt":"DEBT WATCH- A EUR 1.1 bn financing package from the European Investment Bank (EIB) will officially be earmarked for Egypt's public transport projects when the Transport Ministry signs contracts for the funding in December and January, according to a cabinet statement. 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