European Investment Bank

EIB’s new regional HQ in Cairo to “open new opportunities to advance development efforts”

Wed, 22 Nov 2023 - 04:41 GMT

The new HQ will enhance the bank’s cooperation with Egypt and Middle Eastern and North African (MENA) partners, as well as open “new opportunities to advance development efforts in the coming years,” according to an official statement

EIB reinforces investment in Egyptian Fintech Sector

Tue, 16 May 2023 - 04:04 GMT

This came during Vigliotti’s visit to Money fellows, as a part of the EIB's initiative to explore investment opportunities in Egypt, supporting sustainable financial inclusion in the country.

EIB keen on promoting cooperation with Egyptian gov't

Wed, 08 Feb 2023 - 09:39 GMT

Rapaille showed deep interest in the Nexus of Water, Food and Energy (NWFE) as well as NWFE+ for the transportation sector.

EIB, Banque Misr strengthen cooperation to support SMEs and sustainability financing

Wed, 13 Jul 2022 - 09:17 GMT

The first technical assistance programme will further strengthen credit risk management and adoption of SME financing best practice to enable Banque Misr to increase financing for smaller companies.

Egypt's FM discusses with European Investment Bank's president boosting inflows to energy, green transition sectors

Mon, 20 Jun 2022 - 12:04 GMT

Minister of Foreign Affairs Sameh Shokry met Monday with President of the European Investment Bank Werner Hoyer within his visit to Luxembourg.

Egypt's development financing agreements with EIB worth €300M since beginning of 2022

Sun, 22 May 2022 - 03:55 GMT

The agreement came within the framework of the strategic relations between the government and the European Investment Bank, to support Development efforts, within the framework of the state’s vision 2030 and its quest to achieve sustainable development goals.

High-level delegation from European Investment Bank visit National Museum of Egyptian Civilization

Tue, 17 May 2022 - 10:22 GMT

During the tour, the members of the delegation expressed their happiness with the visit.

Egypt aspires to deepen cooperation with EIB in fields of health, education

Sun, 03 Apr 2022 - 12:13 GMT

Maait also referred to enhancing the participation of the private sector in economic activity; as it is the locomotive of job-rich growth

Shaker: EIB financial support to power projects reflects trust in Egypt's electricity sector

Mon, 28 Mar 2022 - 06:21 GMT

The minister said he discussed with Palanza means to boost joint cooperation in light of the electricity ministry's keenness on benefitting from its expertise in the fields of energy, gas emission reduction and green hydrogen production as well as power linkage projects especially the one with Cyprus and Greece.

European Investment Bank, Banque Misr support private sector with 425 million euros

Thu, 31 Dec 2020 - 04:08 GMT

Director of the European Investment Bank Neighboring Countries Flavia Palanza said, the bank is proud to work with Banque Misr and hailed the partnership’s effect on the lives of people in Egypt, it said.

Int'l Cooperation Minister: EIB Approves €750 mn COVID-19 liquidity support to Banque Misr

Tue, 06 Oct 2020 - 12:31 GMT

The bilateral strategic partnership between Egypt and the European Investment Bank dates back to 1979 with a portfolio amounting to nearly 10.6 billion euros to finance public and private collaborations and support social and economic development.

Egypt discusses with EIB activating €1.1B funding

Sun, 09 Aug 2020 - 12:20 GMT

“The objective of financing the urban transport sector with €1.1 billion is to enhance the transition from private cars to a more efficient means of transportation” the Minister noted.

EIB supports Egypt's transport sector, NBE by €1.9B

Sun, 19 Jul 2020 - 11:42 GMT

Al-Mashat clarified that €1.1 billion is to finance three projects in the transportation sector with the National Authority for Tunnels.

EIB approves €1.9B for supporting public transport, private sector in Egypt

Thu, 16 Jul 2020 - 12:57 GMT

This includes more than €10 billion of COVID-19-related investment to improve public health, strengthen public services and back investment by companies in sectors hit by the pandemic.

EIB ready to increase credit lines in Egypt, EBRD expands its solidarity package

Tue, 28 Apr 2020 - 01:11 GMT

International Finance Corporation (IFC) officials in Egypt confirmed their support for the government's vision on consulting with its private sector partners, and supporting private companies during the current crisis.

EIB finances expansion of Alexandria West WWTP

Mon, 10 Feb 2020 - 04:29 GMT

The financing will contribute to improving sanitation services for people in Alexandria, the bank said in a statement obtained by MENA on Monday.

Banque Misr signs €500M credit facility deal for financing SMEs

Mon, 25 Nov 2019 - 12:24 GMT

The deal comes as part of Banque Misr’s move to diversify its funding channels to be used in financing SMEs, the bank said in a statement.

EIB's investments in Egypt record €8.7 through 95 projects

Thu, 07 Nov 2019 - 03:57 GMT

Director Operations in Neighboring Countries at EIB said the bank's investments encompass fields of renewable energy, transportation, water, sanitation, and SMEs.

EIB: EIB's investment in Egypt reaches €8.7B in 95 projects

Tue, 01 Oct 2019 - 10:27 GMT

The EIB is to boost human capital investments, in light of President Abdel Fattah El Sisi's initiative to invest in human capital.

Gazette publishes Sisi's deal with EIB to develop Cairo Metro Line 1

Thu, 15 Aug 2019 - 11:14 GMT

President Abdel Fattah El Sisi issued a presidential decree approving an agreement between Egypt and the European Investment Bank (EIB) on developing the first line of Cairo Metro.