Egypt’s private sector secures $2.8bln financing from EIB in 4 years

Minister of International Cooperation Rania El-Mashat stated

Staff Writer, Arab Finance

February 28, 2024

PHOTO

The European Investment Bank (EIB) has injected $2.8 billion in financing in the Egyptian private sector over the last four years, Minister of International Cooperation Rania El-Mashat stated.

This came during a meeting held between El-Mashat and the EIB’s new president Nadia Calvino in Luxembourg.

El-Mashat pointed out that the bank was the major supporter of the country’s private sector in terms of financing.

Disclaimer: The content of this article is syndicated or provided to this website from an external third party provider. We are not responsible for, and do not control, such external websites, entities, applications or media publishers. The body of the text is provided on an “as is” and “as available” basis and has not been edited in any way. Neither we nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this article. Read our full disclaimer policy here.