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EBRD

EBRD supports Egypt’s green economy with $100m loan to Banque Misr for on-lending to local SMEs

The European Bank for Reconstruction and Development (EBRD) is supporting the green economy in Egypt with a $100m loan to Banque Misr for on-lending to local small and medium-sized enterprises (SMEs).
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EBRD, NBKE sign $40 million loan deal to support MSMEs in Egypt

The National Bank of Kuwait – Egypt (NBK Egypt) has secured a $40 million loan from the European Bank for Reconstruction and Development (EBRD) to be on lent to eligible micro, small and medium-sized…
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Egypt achieved significant GDP growth in recent years: EBRD report

Although Egypt achieved significant real GDP growth thanks to its economic reform programme, the private sector’s potential to push development needs to be unblocked, according to a recent report…
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EBRD sees Egypt’s GDP growth forecast at 5.7% in FY2021-22

The European Bank for Reconstruction and Development (EBRD) raised its forecast for Egypt’s GDP growth during the current financial year 2021/2022, ending in June – to 5.7 percent from the 4.9 percent…
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Egypt’s real GDP growth to slow down to 3.1% amid Ukrainian war: EBRD report

Egypt’s real GDP growth is expected to decline to 3.1 percent in 2022, down from 7.2 percent recorded in 2021, and to jump to six percent in 2023, the European Bank for Reconstruction and development…
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Egypt’s economy showed resilience over past 2 years – EBRD official

The Egyptian economy has shown resilience in the face of the crises that have swept the entire globe over the past two years, affirmed Vice President for Policy and Partnerships at the European Bank…
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EBRD contributed 4.9B euro to financing packages in Egypt in 5 years

The European Bank for Reconstruction and Development (EBRD) offered development financing of 4.9 billion euros to the public and private sectors in Egypt from 2017-2022 , according to The Ministry of…
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EBRD sees Egypt’s economy growing 4.9% in FY21/22

The European Bank for Reconstruction and Development (EBRD) expects Egypt's economic growth to accelerate to 4.9% in fiscal year (FY) 2021/2022.
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EBRD boosts youth participation in Egyptian economy

The European Bank for Reconstruction and Development (EBRD) is increasing economic opportunities in Egypt by collaborating with Hyundai Rotem to offer certified training to 80 unemployed young people.
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EBRD provides €25m to finance construction of Egypt’s first dry port

The European Bank for Reconstruction and Development (EBRD) has provided €25m in favour of October Dry Port Company to finance the design, development, construction, operation, and maintenance of the…
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