International financial institutions weigh increased investment in Egypt’s water sector
Egypt is seeking to scale up private sector investment and concessional financing for water desalination projects through a coordinated effort with a coalition of international financial institutions, the Minister of Planning, Economic Development and International Cooperation said. During an expanded
EBRD’s first vice president to visit Egypt for strategic talks
The First Vice President of the European Bank for Reconstruction and Development (EBRD), Greg Guyett, is scheduled to visit Egypt from 8 to 10 December 2025 for high-level meetings with Egyptian government officials and private-sector representatives. Guyett will be accompanied
CIB named Egypt’s Bank of the Year 2025 as factoring portfolio hits EGP 4bn
Commercial International Bank (CIB) has secured The Banker’s Bank of the Year 2025 award for Egypt, cited for the rapid expansion of its factoring subsidiary and the broadening of its sustainable lending to small and medium-sized enterprises (SMEs). The bank’s
EBRD invests $40m in Infinity to accelerate renewable energy growth across Africa
The European Bank for Reconstruction and Development (EBRD) has announced an additional $40m equity investment in its longstanding partner Infinity, Egypt’s leading renewable energy developer. The move raises the Bank’s total equity commitment to $141.5m, up from $101.5m. The fresh
Egyptian Parliament approves EBRD expansion into Sub-Saharan Africa and Iraq
The Egyptian House of Representatives has approved an amendment to the European Bank for Reconstruction and Development’s (EBRD) establishment agreement, paving the way for the bank to expand its operations into sub-Saharan Africa and Iraq. The decision, ratified during a
EBRD exits Ibnsina Pharma, sells 8.8% stake on Egyptian Exchange
The European Bank for Reconstruction and Development (EBRD) has fully exited its remaining 8.8% stake in Ibnsina Pharma through the Egyptian Exchange (EGX). EBRD initially acquired a 20% stake in Ibnsina Pharma in 2015, supporting the company’s development by financing
Egypt, EBRD sign agreements to boost Public-Private Partnerships
The Egyptian government and the Ministry of Finance signed two separate agreements with the European Bank for Reconstruction and Development (EBRD) on Wednesday to stimulate private sector growth. Egypt’s Prime Minister Mostafa Madbouly attended the signing ceremony. The Ministry of
Egypt’s Al-Mashat, EBRD’s Davis discuss development cooperation, future projects
Rania Al-Mashat, Minister of Planning, Economic Development, and International Cooperation and Egypt’s Governor at the European Bank for Reconstruction and Development (EBRD), met with Mark Davis, the EBRD’s new Regional Director for the Southern and Eastern Mediterranean Region. Davis succeeds
Al-Mashat highlights government support for Egyptian entrepreneurship
Minister of Planning and Economic Development and International Cooperation Rania A. Al-Mashat participated in the American Chamber of Commerce in Cairo’s announcement of a new Entrepreneurship and Innovation Committee. Al-Mashat highlighted the Egyptian government’s commitment to fostering entrepreneurship and its
AAIB, IFC, EBRD, and BII launch $500m sustainability bond to advance climate finance, support MSMEs
The Arab African International Bank (AAIB) has issued a $500m sustainability bond, backed by investments from IFC, the European Bank for Reconstruction and Development (EBRD), and British International Investment (BII). This initiative aims to advance Egypt’s green transition while supporting