CEO of the General Authority for Investment and Free Zones (GAFI) Mohamed Awad held talks with a delegation from the European Bank for Reconstruction and Development (EBRD) to discuss mechanisms for activating the memorandum of understanding (MoU) signed in 2025 to promote investment opportunities, attract further direct foreign investment (FDI), and back the private sector.
Updated 6/30/2026 10:50:00 AM
The European Investment Bank (EIB) is considering financing two renewable energy projects in Egypt with a combined generation capacity of approximately 1.6 gigawatts (GW).
Updated 6/21/2026 9:21:00 AM
The European Bank for Reconstruction and Development (EBRD) has provided an EGP 600 million loan to valU to support Egypt's green transition by expanding access to energy-efficient and renewable energy products.
Updated 6/16/2026 12:32:00 PM
The European Bank for Reconstruction and Development (EBRD) aims to provide €7.5 billion in financing to the Egyptian market over the next five years, Mai Ismail, Associate Director at EBRD, told Asharq Business.
Updated 6/11/2026 8:19:00 AM
The European Bank for Reconstruction and Development (EBRD) has revised its forecasts for Egypt's economic growth, projecting the economy will fall to 4.9% in both 2026 and 2027, from 5.1% in 2025.
Updated 6/4/2026 9:49:00 AM
The European Bank for Reconstruction and Development (EBRD) is considering providing up to $200 million in financing for two onshore wind power projects in Ras Ghareb, located in Egypt’s Red Sea Governorate.
Updated 6/2/2026 10:50:00 AMThe Mineral Resources and Mining Industries Authority (MRMIA) and the European Bank for Reconstruction and Development (EBRD) inked a memorandum of understanding (MoU) to push the development of Egypt’s mining sector
Updated 5/20/2026 12:25:00 AM
The European Bank for Reconstruction and Development (EBRD) will provide a senior debt financing of up to $70 million for a renewable energy project in Egypt that includes a 200-megawatt (MV) solar plant and a 120-megawatt-hour battery energy storage system.
Updated 5/17/2026 2:53:00 PM
The International Finance Corporation (IFC) is in the final stages of approving a $100 million senior secured corporate loan to AlDau Hospitality, part of ADD Properties, to finance a flagship hotel overlooking the Grand Egyptian Museum (GEM).
Updated 4/27/2026 10:57:00 AM
The European Bank for Reconstruction and Development (EBRD) has extended a EGP 250 million financing facility to Fawry MSME Finance, a wholly owned subsidiary of Fawry for Banking Technology and Electronic Payment, to expand lending to youth-led micro, small, and medium-sized enterprises (MSMEs) in Egypt.
Updated 4/27/2026 10:52:00 AM
Al Ismaelia for Real Estate Investment has secured financing from the European Bank for Reconstruction and Development (EBRD) to support its environmental, social, and governance-led redevelopment of heritage assets in Downtown Cairo.
Updated 4/26/2026 3:35:00 PM
The European Bank for Reconstruction and Development (EBRD) has extended a $65 million construction bridging loan to HAU Energy to support the development of a renewable energy project in Benban, Aswan.
Updated 4/15/2026 10:05:00 AM
The European Bank for Reconstruction and Development (EBRD) plans to deploy €5 billion in 2026 across economies impacted by the ongoing conflict in the Middle East, under a response framework targeting both directly affected countries and neighboring markets facing spillover effects.
Updated 4/14/2026 9:02:00 AM
The European Bank for Reconstruction and Development (EBRD) has extended a $20 million loan to Futurefert, Egypt’s first granular nitrogen (N), phosphorus (P), and potassium (NPK) fertilizer producer, to support the expansion of its operations.
Updated 4/5/2026 1:26:00 PM
The European Bank for Reconstruction and Development (EBRD) is likely to lower global growth forecasts for its regions by up to 0.4 percentage points in the next outlook.
Updated 3/26/2026 12:46:00 PMThe European Bank for Reconstruction and Development (EBRD) is providing a €13.7 million loan to Alumil Misr for Trade & Industry SAE, the Egyptian subsidiary of Alumil SA
Updated 3/4/2026 7:45:00 AM
The ordinary general meeting (OGM) of Minapharm Pharmaceuticals greenlighted a €13.25 million loan from the European Bank for Reconstruction and Development (EBRD)
Updated 2/25/2026 11:56:00 AM
The European Bank for Reconstruction and Development (EBRD) has approved a $25 million loan to Hassan Allam Holding, according to a statement.
Updated 1/27/2026 12:07:00 PM
The European Bank for Reconstruction and Development (EBRD) is providing EGP 1.3 billion, equivalent to €23.1 million, to Ibnsina Pharma (ISPH), to finance capital expenditure for a new warehouse and related long term working capital.
Updated 1/25/2026 9:59:00 AM
Minapharm Pharmaceuticals' board of directors has discussed the terms and conditions of a loan worth €13.25 million from the European Bank for Reconstruction and Development (EBRD).
Updated 1/22/2026 1:10:00 PM