Saturday June 15th, 2024
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EBRD Annual Meetings Will Be Hosted in Sharm El Sheikh in 2027

The European Bank for Reconstruction and Development has invested an estimated EUR 12 billion in Egypt since 2012.

Cairo Scene

EBRD Annual Meetings Will Be Hosted in Sharm El Sheikh in 2027

The European Bank for Reconstruction and Development (EBRD) annual meetings will take place in Sharm El Sheikh in 2027, as announced by Rania Al-Mashat, Minister of International Cooperation.

This decision highlights Egypt's strategic significance and robust cooperation with the EBRD, boasting a EUR 12 billion portfolio since 2012. Over 80% of this support has propelled private sector growth. It also reflects Egypt's track record in hosting international events, such as COP27 and the Egypt International Cooperation Forum. As a key gateway to the Middle East and Africa, Egypt's role aligns with the EBRD’s expansion strategy into sub-Saharan Africa and the Middle East.

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