{"id":641347,"date":"2017-09-19T04:05:45","date_gmt":"2017-09-19T04:05:45","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/09\/19\/eib-to-fund-more-projects-in-egypt-under-economic-resilience-initiative\/"},"modified":"2017-09-19T04:05:45","modified_gmt":"2017-09-19T04:05:45","slug":"eib-to-fund-more-projects-in-egypt-under-economic-resilience-initiative","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/09\/19\/eib-to-fund-more-projects-in-egypt-under-economic-resilience-initiative\/","title":{"rendered":"EIB to fund more projects in Egypt under Economic Resilience Initiative"},"content":{"rendered":"

The European Investment Bank (EIB) is looking forward to funding more <\/strong>projects in Egypt under its <\/strong>Economic Resilience Initiative<\/strong><\/a>,<\/strong> which aims to raise EUR 4.5 bn in additional financing for southern Mediterranean countries, bank Vice President Dario Scannapieco tells Daily News Egypt in an interview<\/a>. Scannapieco also discussed the EUR 400 mn in MoUs he signed last week<\/a> for wastewater and sanitation projects in Egypt, as well as energy projects that he said EIB has provided EUR 920 mn in funding for since 2011, and SME support. We noted on Sunday<\/a> that the EIB is also willing to provide EUR 255 mn to help fund the Cairo Metro\u2019s Lines 1 and 2.<\/p>\n

This comes as the European Bank for Reconstruction and Development (EBRD) will <\/strong>offer technical assistance to boost Egypt\u2019s furniture exports<\/strong>, EBRD National Program Manager for Small Business Support Reem El Saady said yesterday, Al Masry Al Youm reports<\/a>. The bank currently funds technical assistance programs for eight industrial sectors, according to El Saady.<\/p>\n","protected":false},"excerpt":{"rendered":"

The European Investment Bank (EIB) is looking forward to funding more projects in Egypt under its Economic Resilience Initiative, which aims to raise EUR 4.5 bn in additional financing for southern Mediterranean countries, bank Vice President Dario Scannapieco tells Daily News Egypt in an interview. Scannapieco also discussed the EUR 400 mn in MoUs he […]<\/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":[9285],"tags":[2398,72],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-641347","post","type-post","status-publish","format-standard","hentry","category-diplomacy-foreign-trade","tag-diplomacy-foreign-trade","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"78c4abe1-d814-4089-82f0-18c441d44c82","order":"0","is_powered_by":true,"section_story_id":"37373429-2efa-41b6-ba37-a2f856d0c854","story_type":"1","photo_url":"","photo_position":"above","related_issue":[641325],"teaser":"","voice_url":""},"yoast_head":"\nEIB to fund more projects in Egypt under Economic Resilience Initiative - 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\/19\/eib-to-fund-more-projects-in-egypt-under-economic-resilience-initiative\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"EIB to fund more projects in Egypt under Economic Resilience Initiative\" \/>\n<meta property=\"og:description\" content=\"The European Investment Bank (EIB) is looking forward to funding more projects in Egypt under its Economic Resilience Initiative, which aims to raise EUR 4.5 bn in additional financing for southern Mediterranean countries, bank Vice President Dario Scannapieco tells Daily News Egypt in an interview. Scannapieco also discussed the EUR 400 mn in MoUs he […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/09\/19\/eib-to-fund-more-projects-in-egypt-under-economic-resilience-initiative\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-09-19T04:05:45+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\/19\/eib-to-fund-more-projects-in-egypt-under-economic-resilience-initiative\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/09\/19\/eib-to-fund-more-projects-in-egypt-under-economic-resilience-initiative\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"EIB to fund more projects in Egypt under Economic Resilience Initiative\",\"datePublished\":\"2017-09-19T04:05:45+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/09\/19\/eib-to-fund-more-projects-in-egypt-under-economic-resilience-initiative\/\"},\"wordCount\":171,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"Diplomacy + Foreign Trade\",\"EnterpriseAM\"],\"articleSection\":[\"Diplomacy + Foreign Trade\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/09\/19\/eib-to-fund-more-projects-in-egypt-under-economic-resilience-initiative\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/09\/19\/eib-to-fund-more-projects-in-egypt-under-economic-resilience-initiative\/\",\"name\":\"EIB to fund more projects in Egypt under Economic Resilience Initiative - 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The bank will provide a EUR 120 mn loan to increase the capacity of the Alexandria West Wastewater\u2026","rel":"","context":"In "Speed Round"","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":626484,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/07\/03\/new-eib-funding-for-egypts-private-water-and-wastewater-projects-in-the-pipeline\/","url_meta":{"origin":641347,"position":1},"title":"New EIB funding for Egypt\u2019s private, water and wastewater projects in the pipeline","author":"enterpriseam admin","date":"3 July 2018","format":false,"excerpt":"New EIB funding for Egypt\u2019s private sector, water and wastewater projects in the pipeline: The European Investment Bank (EIB) is looking to sign new funding agreements to support Egypt\u2019s water and wastewater projects and private sector by the end of the year, EIB\u2019s North African and Middle East Director Flavia\u2026","rel":"","context":"In "Diplomacy + Foreign Trade"","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":573234,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/07\/26\/nbe-to-obtain-eur-800-mn-of-eib-funding-next-month\/","url_meta":{"origin":641347,"position":2},"title":"NBE to obtain EUR 800 mn of EIB funding next month","author":"enterpriseam admin","date":"26 July 2020","format":false,"excerpt":"The National Bank of Egypt expects to land in the coming month some EUR 800 mn in funding agreed last week with the European Investment Bank (EIB), Al Mal reports, citing unnamed sources. The funding comes as part of a larger EUR 1.9 bn agreement, with next month\u2019s loan dedicated\u2026","rel":"","context":"In "Banking + Finance"","block_context":{"text":"Banking + Finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/banking-finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":589924,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/07\/11\/eib-earmarks-eur-4-bn-for-local-development-projects-including-nwfe-al-mashat\/","url_meta":{"origin":641347,"position":3},"title":"EIB earmarks EUR 4 bn for local development projects including NWFE -Al Mashat","author":"enterpriseam admin","date":"11 July 2023","format":false,"excerpt":"Central Bank Governor Hassan Abdalla praised the EIB\u2019s \u201cinvaluable\u201d support","rel":"","context":"In "Development finance"","block_context":{"text":"Development finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/development-finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/7\/391.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":593377,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/11\/26\/egypts-banque-misr-doubles-smes-credit-line-with-eib\/","url_meta":{"origin":641347,"position":4},"title":"Egypt\u2019s Banque Misr doubles SMEs credit line with EIB","author":"enterpriseam admin","date":"26 November 2019","format":false,"excerpt":"Banque Misr has signed an agreement to double its SMEs financing credit line at the European Investment Bank (EIB) to EUR 1 bn, Al Mal reports. The EIB has just recently extended the credit line, saying it would support SMEs and midcaps across Egypt. 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