European Bank for Reconstruction and Development Board of Directors visits Egypt

September 9, 2019
Share on

A delegation from the European Bank for Reconstruction and Development (EBRD) Board of Directors has begun a visit to Egypt today for an update and eyewitness account of the latest developments in the country. Board visits are part of a regular series of consultations by the Bank’s shareholders to hear about priorities for the local economy and to maintain a close dialogue with the authorities and the private sector.

The four-day visit will include meetings with Prime Minister Mostafa Madbouly, Minister of Investment and International Cooperation and EBRD Governor Sahar Nasr, Minister of Electricity and Renewable Energy Mohamed Shaker, Minister of Finance Mohamed Maait, Minister of Transport Kamel al-Wazir and the Governor of the Central Bank of Egypt Tarek Amer. The EBRD Board Directors will also have meetings with business and diplomatic representatives as well as international partners and civil society organisations, and will visit projects financed by the Bank.

Egypt is a founding member of the EBRD. Since the start of its operations in Egypt in 2012, the Bank has invested over €5 billion in 96 projects in the country. 2018 was a record year for the Bank in Egypt, when it was the largest EBRD country of operations in terms of new commitments.


Read More

Press Release

European Bank for Reconstruction and Development (EBRD)

Countries covered:

  • Egypt