Tags : Ahmed Haggag

Banking & Finance Banking & Finance Egypt

EBRD promotes Egypt’s green economy with a loan to Banque

The European Bank for Reconstruction and Development (“EBRD”) is supporting the green economy in Egypt with a USD 100 million loan to Banque Misr for on-lending to local small and medium-sized enterprises (SMEs).  The loan follows the success of the Green Economy Financing Facility (“GEFF”) in Egypt and will further support an expansion of green lending in Egypt to under-served regions […]

Banking & Finance Egypt Energy & Trading

Elsewedy Electric secures USD150m investment for operations’ expansion

Elsewedy Electric, Egyptian global providers of energy, digital, and infrastructure solutions, has secured a USD150 million loan from the International Finance Corporation (“IFC”), a member of the World Bank Group. IFC’s USD150 million investment, alongside First Abu Dhabi Bank and Europe Arab Bank as participants, will be used to support in the expansion, modernization, and enhancement […]