EU unveils €60bn economic development plan for Gaza

The European Investment Bank (EIB), a financial arm of the European Union (EU), announced Thursday the provision of €60 billion ($62.58 billion) for economic development in Gaza, Arab News reports. EIB Vice President Gelsomina Vigliotti and EU representative Sven Kuhn Read more

European Investment Bank to finance three metro projects in Egypt

The European Investment Bank, EIB, will finance up to €1.1 billion three metro projects in Egypt following an agreement with the North African country, Arab Finance reports citing a statement from the Egyptian government. The financing includes €138 million for Read more

“Tunisia 2020” conference proving to be a success for investment and economic development

Tunisia will be getting billions of dollars worth of investments in the next five years after the European Investment Bank (EIB) said it make an overall investment of $2,66 billion from now till 2020 while Saudi Arabia is willing to Read more