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European Bank for Reconstruction and Development backs programme to develop high-quality hospitals in Egypt and Morocco
News

European Bank for Reconstruction and Development backs programme to develop high-quality hospitals in Egypt and Morocco

19 February 2020
The European Bank for Reconstruction and Development (EBRD) is supporting the development of high-quality hospitals in Egypt and Morocco, teaming up with other international financial institutions to deliver funding under an Islamic finance structure, also known as a “Commodity Murabaha”, that the Bank is using for the first time. A financing facility worth a total US$ 125 million (US$ 20 million from the EBRD) will be used for investments by…