Egypt

EBRD and NBE support small businesses in Egypt

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Small and medium-sized enterprises (SMEs) in Egypt will benefit from a US$ 100 million loan by the European Bank for Reconstruction and Development (EBRD) to the National Bank of Egypt (NBE) to support energy efficiency, climate change mitigation and the introduction of adaptation technologies.

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EBRD boosts Egyptian private enterprises and trade

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The European Bank for Reconstruction and Development (EBRD) is supporting the Egyptian economy with a US$ 100 million financing package to Banque du Caire for trade financing and on-lending to local micro-, small and medium-sized companies (MSMEs).

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Egypt launches EBRD-UNWTO tourism recovery assistance package

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The Covid-19 pandemic has placed acute strain on global tourism. To boost the recovery of the sector, the European Bank for Reconstruction and Development (EBRD) and the United Nations World Tourism Organization (UNWTO), joined forces in June to support countries that are among the most dependent on tourism for jobs and economic growth.

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EBRD and EU help SolarizEgypt promote rooftop solar panels in Egypt

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“Blanketing the golden deserts of Egypt with solar panels and unlocking their massive energy potential,” was the dream of Yaseen Abdel Ghaffar, Managing Director of SolarizEgypt, a company that successfully implemented the first rooftop photovoltaic (PV) system through a private-to-private power purchase agreement (PPA) in the country.

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Human Rights Issues Cloud France’s Dealings With Egypt

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PARIS – Egyptian President Abdel Fattah el-Sissi met with French President Emmanuel Macron in Paris on Monday to boost economic and military ties with France. The dealings present a dilemma for the French government in light of Egypt’s poor human rights record.   In January 2019, el-Sissi and Macron met in Cairo, where the French president

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