Browsing: Egypt

The European Bank for Reconstruction and Development (EBRD) is supporting Egypt’s green transition by providing a loan of up to EGP 600 million (€10.7 million) to U Consumer Finance (known… The post EBRD and Valu expand access to energy-efficient household solutions in Egypt appeared first on Web-Release.

The European Bank for Reconstruction and Development (EBRD) is supporting youth-led micro, small and medium-sized enterprises (MSMEs) in Egypt by providing a loan of up to EGP 250 million (€4.4 million) to… The post EBRD news story EBRD, EU and Fawry support young entrepreneurs in Egypt appeared first on Web-Release.

The European Bank for Reconstruction and Development (EBRD) is strengthening Egypt’s green energy transition with a US$ 65 million construction bridging loan to HAU Energy for the development of a new renewable energy project in Benban, near Aswan. The financing will support the construction and installation of a 200 MW solar photovoltaic (PV) plant and a 120 […] The post EBRD and HAU Energy support new solar and battery project in Egypt’s Benban appeared first on Web-Release.

The European Bank for Reconstruction and Development (EBRD) is strengthening Egypt’s industrial sector by lending US$ 20 million (€17.5 million) to Futurefert to support its capital expenditure programme. The EBRD financing will support the construction and operation of three interconnected plants – a sulphuric acid plant, a potassium sulphate plant and a single superphosphate plant – […] The post EBRD lends US$ 20 million to Futurefert in Egypt appeared first on Web-Release.

Hong Kong, the global business hub in the southeast of China, also known as the Pearl of the Orient, offers vast opportunities for international investors and companies in the garment and textile sector.  With nearly a century of experience, Hong Kong’s clothing companies are renowned for their Original Design Manufacturers (ODM) and Original Equipment Manufacturers […] The post Hong Kong delegation concludes mission to Dubai and Cairo appeared first on Web-Release.

The European Bank for Reconstruction and Development (EBRD) is supporting aluminium production in Egypt by providing a loan of up to €13.7 million to Alumil Misr for Trade & Industry SAE, the Egyptian subsidiary of ALUMIL SA. The EBRD’s financing will fund the construction and installation of a new aluminium extrusion line at the subsidiary’s […] The post Loan of up to €13.7 million for Alumil Misr will expand manufacturing capacity and boost industrial competitiveness appeared first on Web-Release.

The European Bank for Reconstruction and Development (EBRD) is supporting the expansion of Breadfast, one of Egypt’s leading online grocery platforms, with an equity investment of up to US$ 10 million. The funding aims to accelerate Breadfast’s growth and strengthen its competitiveness in the digital retail market. The investment is part of Breadfast’s Series B2 round, […] The post EBRD backs Egyptian e-grocer Breadfast appeared first on Web-Release.

In a move to reinforce its commitment to delivering differentiated, client-centric banking solutions, QNB Group celebrated the launch of Private Banking services at QNB Egypt. The new offering delivers a fully integrated banking experience tailored to an elite segment of high-net-worth clients, starting with a highly qualified relationship management team dedicated to meeting clients’ diverse […] The post QNB Group CEO: Private Banking Launch at QNB Egypt Redefines Regional Excellence appeared first on Web-Release.

EBRD provides a US$ 20 million financing package to ALEXBANK in Egypt Financing to be extended under the Green Economy Financing Facility II EU-funded technical cooperation package to expand green lending for local households and MSMEs to invest in climate technologies and services The European Bank for Reconstruction and Development (EBRD) is extending a US$ 20 million […] The post EBRD and ALEXBANK boost green finance in Egypt appeared first on Web-Release.

One of first grid investments under energy pillar of Egypt’s NWFE programme Financing includes European Union support Project will reduce annual carbon emissions by 22,584 tonnes of CO2 equivalent The European Bank for Reconstruction and Development (EBRD) is supporting Egypt’s transition to a green economy with a €200 million financing package for the Egyptian Electricity Transmission Company […] The post EBRD-backed grid investments pave way for greener Egypt appeared first on Web-Release.