- For over 40 years, the EIB has been Egypt’s leading international financial partner, providing financial and technical support for climate action, energy investment and more.
- The new hub will deepen its partnership with the EIB and unlock new opportunities in the coming years.
On Monday, the European Investment Bank (EIB) officially opened its new regional hub in Cairo, Egypt, to enhance its engagement and cooperation with public and private partners across the Middle East and North Africa. The EIB Global regional hub was announced by Egypt’s Prime Minister, Mostafa Madbouly, Egyptian Minister of International Cooperation, Rania Al-Mashat, and EIB Vice President, Gelsomina Vigliotti at a ceremony attended by 150 Egyptian, regional, and international political, business, and banking leaders.
Masha said that for over 40 years, the EIB has been Egypt’s leading international financial partner, providing financial and technical support for climate action, business, energy, water, and transport investment, improving opportunities and services across Egypt. The new Cairo presence will deepen the partnership with the EIB and unlock new opportunities in the coming years.
“Strengthening the local presence of EIB Global is crucial to address investment challenges better and increase the impact of our engagement with public and private investment partners. The new Regional Hub will further enhance EIB cooperation with Egypt and countries from Lebanon to Morocco,” Vigliotti said.