First Independent Mena Newspaper
Egypt has received a financial support from the European Bank for Reconstruction and Development (EBRD) which provided the most populous Arab country a € 55 million loan for the construction of two new wastewater plants. The money will also fund the expansion of three existing plants and the installation of 700 km of pipes and […]
Jordan is planning to build three solar power plants expected to produce 40 MW of much-needed generating capacity from a clean, reliable domestic resource. These projects will enable the country to reduce its dependence on hydrocarbons. Jordan imports over 97 per cent of the energy it consumes, relying disproportionately on natural gas from Egypt and […]
The European Bank for Reconstruction and Development (EBRD) has lent the National bank of Egypt (NBE) US$ 50 million to help and encourage Egyptian companies engage more in international trade operations. This trade credit line is the second part of a US $ 100 million facility, the first part of which comprised a US$ 50 […]
The European Bank for Reconstruction and Development (EBRD) has placed a great deal of interest in the Egyptian private sector and with a total budget of €688m dedicated to investments in 30 projects in Egypt and other regional countries such as Morocco, Tunisia and Jordan. With nine projects over the past 18months, the bank has […]
The private equity sector in Morocco and Tunisia has received a $ 26.1 million grant from the European Bank for Reconstruction & Development (EBRD) to support the development of the private equity market in two North African countries, rocked by the Arab Spring. The financial assistance will also serve to rev up equity funding for […]
Morocco, Jordan and Tunisia will soon benefit from investments coming from Europe’s Bank for Reconstruction and Development (EBRD) as their economies continue to struggle. The bank is looking forward to an investment that could swell up to 200 million Euros. The investment in these three countries will be followed by several similar projects in the […]