Economies across the European Bank for Reconstruction and Development's regions may contract on average by 3.5% this year because of the impact of the coronavirus,...

The World Bank has approved a $14 million grant as part of the multiphase Advancing Sustainability in Performance, Infrastructure, and Reliability of Energy Sector...

The European Bank for Reconstruction and Development has appointed Philip ter Woort Director for its eastern Mediterranean region, leading its operations in Jordan,...

The European Bank for Reconstruction and Development provided a record level of support for trade activity in March as demand rose in response to the impact of the...

The European Bank for Reconstruction and Development is lending up to $100 million to food and beverages producer Almarai for new investments in Egypt and Jordan. The...

Dutch development bank FMO led an equity investment into liwwa - a technology-enabled lender focused on providing capital to small businesses in Jordan and Egypt - for a...

The EBRD and the EU, via its External Investment Plan (EIP), have inked a new €50 million programme of financial guarantees aimed at boosting investment in renewable...

The European Bank for Reconstruction and Development has appointed Heike Harmgart as Managing Director for its southern and eastern Mediterranean region.Dr Harmgart will...

Jordanian clothing manufacturer Classic Fashion Apparel Industry has raised a $42.5 million five-year on-demand guarantee from Guarantco to support a loan from Standard...

The European Investment Bank and Jordan have signed a €16.3 million grant agreement to support the Deir Alla and Al-Karamah project to improve water supply systems...

The European Bank of Reconstruction and Development is considering investing $60 million in renewables developer Infinity Energy, a subsidiary of Egyptian conglomerate...

Kawar Investment has raised a $34.6 million loan, via the EBRD as lead arranger, for a 37MWp solar project in Jordan.The scheme will supply power to telecoms operator...

The European Bank for Reconstruction and Development and the Green Climate Fund (GCF) have signed an agreement releasing €87 million of GCF funds to support the...

FMO and DEG will each provide $29.6 million towards a $59.2 million, 18.5 year senior financing package for a 50MW solar park in Jordan's Ma’an Governorate. The...

The European Bank for Reconstruction and Development is taking an indirect equity stake in Airport international Group, the concessionaire operating Queen Alia...

The European Bank for Reconstruction and Development and the European Union (EU) are joining forces to help expand the As Samra wastewater treatment plant in...

The EBRD has agreed to provide a $265 million loan to Jordan's National Electric Power Company (NEPCO) to refinance existing short-term debt and fund...

The IFC has arranged the funding for the 51MW Daehan wind farm being developed by Korean sponsors KOSPO and Daelim Energy. IFC is providing a $10 million and as lead...

The IFC has arranged an $80 million financing package to fund the construction of a new wind power plant in Jordan, near the town of Tafila. The 51.75MW Abour Wind...

The Arab Petroleum Investment Corporation (APICORP) has published its latest energy report on the role of multilateral institutions in MENA’s renewable sector. DFIs...