On Wednesday, 12th June, 2024, the Lebanese German Business Council (LGBC), in partnership with the Lebanese German University (LGU) and coordinated by Devurbus, had the honor of hosting the Head of the European Investment Bank (EIB). She participated as a special guest in a discussion focusing on the current activities, key stakeholders, locations involved, and future plans of the European Investment Bank in Lebanon, specifically targeting the private sector.


The European Investment Bank is the lending arm of the European Union. It’s one of the biggest multilateral financial institutions in the world and one of the largest providers of climate finance.


The event provided a platform for local business leaders and entrepreneurs to engage directly with EIB representative, gaining insights into the bank’s strategic objectives and available financial instruments. The discussion was followed by a lively Q&A session, where attendees had the opportunity to share their perspectives and inquire about specific projects and funding mechanisms. This interactive session allowed for a deeper understanding of how the EIB’s support can be leveraged to drive private sector development in Lebanon.


Speaking about the event, the Executive Director, Ms. Mary EL JALKH, remarked, “This discussion was a significant milestone for the Lebanese private sector. It provided invaluable insights into how the European Investment Bank can support our local businesses. Ms. Mikulova’s expertise and approachable demeanor were particularly noteworthy, facilitating a rich exchange of ideas and actionable strategies. The engagement and exchange of ideas were incredibly fruitful, and we look forward to leveraging these opportunities for economic growth and development.


LGBC extends its heartfelt thanks for hosting this successful event and looks forward to future collaborations that will further benefit the Lebanese private sector.

cherine aaraj
Author: cherine aaraj