Egypt-EIB cooperation portfolio values $3.6 billion in 18 development projects

Tue, 27 Feb 2024 - 11:49 GMT

Egypt enjoys strong relations and a huge portfolio size with the European Investment Bank (EIB), in light of the role played by the Ministry of International Cooperation to develop and strengthen economic relations with multilateral and bilateral development partners and international institutions.

Ongoing cooperation portfolio bet. Egypt, Germany amounts to €1.7B

Thu, 20 May 2021 - 02:50 GMT

This portfolio has benefited many sectors, including, energy efficiency, renewable energy, water sanitation, development of water resources, solid waste management, migration, labor market, private sector support, technical education, vocational training, urban development and administrative reform, development of women and youth, and community development.

Int'l cooperation portfolio includes projects worth $25B: Min.

Wed, 04 Nov 2020 - 09:30 GMT

Mashat pointed out that the new cities' projects boost economic growth opportunities.

Egypt-WB cooperation portfolio records $8B: Mashat

Wed, 22 Jan 2020 - 02:04 GMT

Mashat clarified that this amount is distributed between the International Bank for Reconstruction and Development by about $5.8 billion, and the International Finance Corporation by investments of $2.2 billion.

Attijariwafa Bank Egypt achieves highest profit in its history of LE 1.1B

Sat, 24 Mar 2018 - 01:07 GMT

Attijariwafa Bank Egypt achieved net profits of LE 1.1 billion in 2017 for the first time in its history, compared to LE 663 million in 2016.

Fed meeting could trigger stock sector rotation

Sat, 16 Sep 2017 - 11:06 GMT

U.S. equity investors could rotate out of high-yielding sectors and into stocks of banks, which would benefit from the next leg up in interest rates.