Egypt explores stronger industrial, investment partnerships with EBRD, Türkiye, Nigeria, and Morocco
Minister of Industry Khaled Hashem held a series of high-level meetings with international officials and financial institutions on the sidelines of the 35th Annual Meeting and Business Forum of the European Bank for Reconstruction and Development (EBRD) in Riga, Latvia,
EBRD extends $65m loan to HAU Energy for solar, storage project in Egypt
The European Bank for Reconstruction and Development (EBRD) is reinforcing Egypt’s green energy transition with a $65m construction bridging loan to Hassan Allam Utilities (HAU Energy) to develop a new renewable energy project in Benban Solar Park, near Aswan. The
Egypt discusses water infrastructure projects, Kitchener Drain development with EBRD
Egypt’s Minister of Water Resources and Irrigation Hani Sewilam met officials from the European Bank for Reconstruction and Development (EBRD) on Wednesday to discuss strengthening cooperation on water and sustainable infrastructure projects, the ministry said. The meeting was attended by
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