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Multilateral and Bilateral Partnerships

MOICMin signs letter of intent with EU, directs €35M to EBRD

During her speech at the announcement yesterday, Al-Mashat explained that the letter will provide development grants to the EBRD to develop and promote investment in renewable energy and electricity generation

Egypt releases Sharm El-Sheikh Guidebook for Just Finance to promote green financing

The guidebook was prepared to serve as a practical guide to promote and facilitate joint and coordinated efforts between developmental partners in order to stimulate climate financing

World Bank approves $400M to develop Egypt’s logistics and transportation sectors

Egypt's transportation sector is the second largest contributor to greenhouse gas emissions in the country, at around 19%, according to the World Bank

UK’s development finance institution to invest $100M in Egyptian startups

Formerly known as CDC Group and renamed in late 2021, the BII stressed its commitment to strengthening its partnership with Egypt

Emirati investments in Egypt surged 169.1% during H1 FY 2021/2022 | CAPMAS

In a data set released today, the statistics agency revealed that trade between the two countries steadily rose by 1.4% to around $1.2 billion during Q1 2022 compared to Q1 2021’s $1.1 billion