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Egypt's NBE, EIB sign investment grant deal to support green industry drive
Yomna Yasser Published in Amwal Al Ghad on 12 - 06 - 2025

The National Bank of Egypt (NBE) on Sunday signed an investment grant agreement with the European Investment Bank (EIB) to support the Green Sustainable Industries Project, part of Egypt's push to accelerate its green transition and decarbonise its industrial base. The signing took place on the sidelines of the Development Financing to Foster Private Sector-Led Growth & Jobs conference being held in Cairo.
The signing was witnessed by Prime Minister Moustafa Madbouly, Minister of International Cooperation Rania Al-Mashat, and Minister of Trade and Industry Kamel El-Wazir.
The agreement is aimed at enhancing the competitiveness and environmental sustainability of Egyptian industries by facilitating access to green finance and technical assistance. It falls under Egypt's broader climate and development cooperation framework with the EIB and the European Union.
The Green Sustainable Industries Project supports investment in energy efficiency, emissions reduction, and cleaner production technologies across key industrial sectors, in line with Egypt's Vision 2030 and National Climate Strategy.
Attribution: Amwal Al Ghad English
Subediting: M. S. Salama

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