#EBRD
The European Bank for Reconstruction and Development aims to invest €1 billion in Egypt next year, the bank’s Managing Director for Equity Hassan El Khatib said, according to private newspaper al-Borsa. The bank is currently funding 66 projects in Egypt and has assets under management of around EUR 919 million, said El Khatib. This year, the total funds that the bank has injected into Egypt amounted to €1.2 billion, which helped fund several solar energy and development projects in addition…
