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Egypt signs €53.8M financing agreement with AFD, EIB

Egypt signed a soft loan agreement and grant with the French Development Agency (AFD) and the European Investment Bank (EIB), totaling €53.8 million (EGP 2.9 billion)

Updated 11/23/2025 1:42:00 PM
El-Khatib discusses Belgian group DEME’s projects, investments in Egypt

Minister of Investment and Foreign Trade Hassan El-Khatib discussed Belgian group DEME’s projects and future investments in Egypt.

Updated 9/9/2025 8:37:00 AM
Electricity Minister probes strengthening energy cooperation with EIB, EU delegations

Minister of Electricity and Renewable Energy Mahmoud Esmat held a meeting with Vice President of the European Investment Bank (EIB) Gelsomina Vigliotti and Director-General of the European Union (EU) Stefano Sannino to discuss strengthening cooperation in the energy sector, particularly in renewable energy, energy storage, and grid development.

Updated 6/16/2025 1:07:00 AM
European Commissioner to sign €90M deal, discuss Mediterranean pact in Egypt

European Commissioner for the Mediterranean Dubravka ?uica will visit Egypt on Sunday, March 2nd, and sign a €90 million deal with the Egyptian government for the ‘Egypt Food Resilience’ project.

Updated 3/2/2025 8:34:00 AM
Egypt partners with global institutions in $1.5B health funding initiative

Egypt has joined a new $1.5 billion primary health financing platform launched by the World Health Organization (WHO) and three multilateral development banks: the African Development Bank (AfDB), the European Investment Bank (EIB), and the Islamic Development Bank (IDB)

Updated 9/24/2024 8:36:00 AM
Electricity Ministry, EIB mull boosting cooperation in new, renewable energy sector

The Egyptian Ministry of Electricity and the European Investment Bank (EIB) have probe fostering cooperation in several fields, especially electricity interconnection and new and renewable energy projects.

Updated 8/7/2024 12:51:00 PM
Egypt, EU Partnership in 4 Years

Updated 7/4/2024 6:46:00 AM
Egypt inks €621M agreements with EIB, SPE Capital Fund to boost GSIs

Egypt has signed two agreements worth a total of €621 million with the European Investment Bank (EIB) and the SPE Capital Fund to boost green sustainable industries (GSI) and enhance equity investments in companies.

Updated 7/1/2024 7:29:00 AM
Egypt pens 6 development grants with European partners

Egypt signed six development grant agreements with the European Union (EU), the French Development Agency (AFD), and the European Investment Bank (EIB) on the sidelines of the Egypt-EU Investment Conference.

Updated 7/1/2024 5:59:00 AM
Egypt, EIB mull further cooperation in water resources management

The Minister of International Cooperation Rania Al-Mashat has welcomed a delegation from the European Investment Bank (EIB) to mull over ways to strengthen cooperation in the field of water resources management.

Updated 5/26/2024 4:32:00 AM
EIB initiates due diligence for green hydrogen project in Egypt

The European Investment Bank (EIB) has initiated the due diligence process for a green hydrogen project, as confirmed by EIB’s regional head Guido Clary.

Updated 3/24/2024 9:17:00 AM
Cabinet ratifies EIB’s financing deal for Sustainable Green Industry project

The Egyptian cabinet has approved the presidential resolution on the financing agreement signed with European Investment Bank (EIB) on December 31st, 2023ز

Updated 3/3/2024 7:35:00 AM
Parliament ratifies €80.5M grants from Germany, EIB for development projects

The Egyptian House of Representatives has approved non-refundable grants worth €80.5 million from Germany and the European Investment Bank (EIB) to implement several development projects.

Updated 2/27/2024 7:16:00 AM
Egypt’s private sector secures $2.8B financing from EIB in 4 years

The European Investment Bank (EIB) has injected $2.8 billion in financing in the Egyptian private sector over the last four years.

Updated 2/27/2024 2:35:00 AM
EIB to finance Egypt’s Sustainable Green Industry project with €135M

The Egyptian Ministry of International Cooperation signed a soft financing agreement worth €135 million with the European Investment Bank (EIB), as well as a €30 million grant from the European Union (EU), to finance the Sustainable Green Industry project.

Updated 1/2/2024 1:26:00 AM
EIB launches regional office for NENA in Egypt

The European Investment Bank (EIB) has launched its regional office for the Near East and North Africa (NENA) in Egypt.

Updated 11/20/2023 12:40:00 PM
EU intends to pump further investment into Egypt via EIB: Berger

The European Union (EU) is seeking to pump more investments into Egypt via the European Investment Bank (EIB) to expand its business in the country.

Updated 11/20/2023 1:14:00 AM
Egypt encourages EIB to further support its social development projects

Meanwhile, Deputy Minister of Finance for Economic Affairs, Sherine ElSharkawy, indicated that the government is looking forward to increasing the EIB's support to develop the capabilities of workers in the field of industry to enhance the Egyptian exports to other markets.

Updated 2/12/2023 11:26:00 AM