Egypt secured 15.6 billion dollars from over 30 international partners for private business projects. The money came through development finance deals between January 2020 and May 2025. Officials announced the figures during a major conference held Sunday at Cairo. The European Bank for Reconstruction and Development provided 22 percent of the total funding. The European Investment Bank contributed 21 percent and the International Finance Corporation added 19 percent.
Private companies received 1.14 billion dollars during the first five months of 2025 alone. Banks and financial institutions grabbed more than 40 percent of the funding since 2020. Clean energy projects received 4 billion dollars through special government programs. The agreements helped create jobs and boost economic growth across the country. Planning Minister Rania Al-Mashat praised the increased support from development partners.
Several renewable energy deals gained approval during the conference meetings. The Obelisk solar project secured 600 million dollars for a massive power plant and battery storage system. A wind project at Ras Shukeir attracted about 1 billion dollars from foreign investors. Officials also expanded a national platform called Hafiz that supports private businesses with financial and technical help.
Private companies received 1.14 billion dollars during the first five months of 2025 alone. Banks and financial institutions grabbed more than 40 percent of the funding since 2020. Clean energy projects received 4 billion dollars through special government programs. The agreements helped create jobs and boost economic growth across the country. Planning Minister Rania Al-Mashat praised the increased support from development partners.
Several renewable energy deals gained approval during the conference meetings. The Obelisk solar project secured 600 million dollars for a massive power plant and battery storage system. A wind project at Ras Shukeir attracted about 1 billion dollars from foreign investors. Officials also expanded a national platform called Hafiz that supports private businesses with financial and technical help.
