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IFC invests $26.2m in funding startups across region

The International Finance Corporation (IFC), which recently took part in the $2.5m fund that was raised by Palestine’s Ibtikar, is heavily investing in a number of startups across the MENA region. Part of the World Bank Group, IFC has reached a total sum of $26.2bn of investments in Arab-based startups. In addition to its investment …

Daily News Egypt

IFC invests $26.2bn in funding startups across MENA region

The International Finance Corporation (IFC), which recently took part in the $2.5m fund that was raised by Palestine’s Ibtikar, is heavily investing in a number of startups across the MENA region. Part of the World Bank Group, IFC has reached a total sum of $26.2bn in investments in Arab-based startups. In addition to its investment …

Daily News Egypt

AXA signs shareholder agreement with IFC 

Al-Borsa sat down with Gilbert Chahine, CEO of AXA Egypt, to discuss the economic environment in Egypt, its recent negotiations with several partners in the regional market and its move to enter the microinsurance business in Egypt. What do you think about the economic environment in Egypt? The flotation of the Egyptian currency has been …

Daily News Egypt

IFC CEO to visit Egypt on Wednesday to discuss cooperation

Executive vice president and CEO of the International Finance Corporation (IFC) Philippe Le Houérou will visit Egypt on Wednesday and Thursday for the first time. Houérou will meet Minister of International Cooperation Sahar Nasr and other governmental officials to discuss ways to increase cooperation between Egypt and the IFC. The meeting will discuss challenges and …

Hisham Salah