VOL. XLIV

No. 17

23-April-2001

EGYPT

EIB Signs36Mn SME Finance Agreement With Egypt

The European Investment Bank (EIB) announced on 10 April that it had signed a36mn ($32.2mn) finance agreement with Egypt to support small and medium sized industrial and technology projects and environmental studies. According to a statement from the bank, a30mn ($26.8mn) loan has been arranged with the Export Development Bank of Egypt which will allow it to provide long and medium-term finance for Egyptian small...