EBRD Gives Green Light To €1Bn MENA Investment

The European Bank for Reconstruction and Development (EBRD) has approved the creation of a €1bn special fund to kick-start investment in the emerging markets of the Middle East and North Africa (MENA) following the wave of unrest and political upheaval that spread throughout the region last year.


“The fund is being financed out of the bank’s reserves and will allow the...