Latest in Tag: IFC Highlight
Latest in Tag: IFC
SVI addresses IFC, EBRD, NBE to contribute to venture capital fund
The Ministry of Communications expressed its support for the company’s initiative to launch a fund to invest in start-ups in Egypt, according to Amin
IFC approves $144m loan to Egypt’s Sonker Bunkering Company
The financial loan package is jointly provided by the IFC, EBRD and CIB
IFC provides up to $50m to NBK-Egypt
IFC’s financing will help the bank meet the foreign currency requirements of Egypt’s medium-sized enterprises
IFC obtains 20% stake in Sphinx Glass
Purchase aims to boost employment opportunities at the company, says IFC
IFC provides power to 10.7 million MENA customers in 2014
IFC’s contribution to energy sector aided in raising the region’s capacity with an excess of 10,000 GW
Egypt, World Bank sign MoU to improve investment environment
The MoU is part of Egypt’s efforts to benefit from the World Bank’s expertise in developing the investment environment.
International lenders see economic recovery in Egypt
IFC interested in investing in Suez Canal corridor project, says IFC MENA Director Mouayed Makhlouf
IFC commits $783m to MENA infrastructure in FY 2014/2015: Egypt director
There is much space for future PPPs in infrastructure, port expansions, and industrial and logistics zones, says Shousha
$20m investments in Planet Labs: IFC
IFC-Egypt implemented 20 projects between 2011 and 2014 with investments worth $1.1bn
Summit to put Egypt back on investor map: IFC Country Manager
Our focus going forward in Egypt will be infrastructure especially energy, says IFC Country Manager
60 local, international entities to review new investment law: Minister
Current draft not final, may be subject to revision based on ongoing consultations with business community, Ashraf says
EBRD provides $30m to NBE for small business development
Loan follows $50m provided in December 2013
3 finance institutions request private sector project funding: Finance Minister
These institutions include the International Finance Corporation (IFC), the European Bank for Reconstruction and Development (EBRD), and the European Investment Bank (EIB)
World Bank delegation to visit Cairo in 2 weeks to address business climate: Investment minister
New guarantees from World Bank for international investors in Egypt for energy, mining and the Suez Canal
Egypt received $1bn from IFC in 2013: MENA general manager
The IFC funded private sector projects in various fields including infrastructure, energy, and small and medium enterprises.
ITIDA signs cooperation protocol with International Finance Corporation: Communications minister
Information Technology Industry Development Agency signed protocol with IFC to strengthen workers’ competitiveness in Egypt’s technology sector
IFC, EBRD invest $60m in Mall of Arabia
Investment will be accompanied by additional $20m loan from the CIB
IFC exploring alternative energy, infrastructure projects in Egypt
Diversifying energy sources is crucial to achieving economic development, IFC vice president says
IFC expands partnership with Ahli United Bank Egypt
In less than a week, Ahli United Bank Egypt becomes second bank to sign a finance agreement with the international organisation, following Alex Bank
IFC and AlexBank sign trade finance agreement
IFC will help the bank’s clients expand into new markets giving them an opportunity for growth
Egypt’s inconsistent economic policies hinder investment: IFC and World Bank
Minister of Investment says investment opportunities will benefit all governorates
Nada Shousha, IFC director for Egypt, Libya, and Yemen: IFC’s investments in Egypt reach US$1 billion
The International Finance Corporation is willing to finance public-private-partnerships centred on infrastructure, says regional director
IFC investments in MENA reach $3bn in fiscal year 2013
IFC combined those investments with a broad range of advisory services to support the region’s private sector at a time when many countries are struggling with unemployment and slow economic growth.
IFC, EIB, and AFD Support Small Businesses and Mobilise Investment in MENA
IFC is establishing the MENA SME Facility in partnership with the World Bank, International Financial Institutions and donors.
IFC launches Women’s Finance Hub
Online initiative helps women entrepreneurs gain access to financing
IFC proposes currency swap plan for Egypt
Private sector key to unlocking Egypt’s ‘long-term economic potential’, says Jin-Yong Cai, International Finance Corporation CEO
Ministry of Finance launches ten new PPP projects
Public-private partnerships expected to provide Government with new mechanisms to attract foreign investments
Egypt: Health sector looks for private help
However, while advances have been made in basic public health, further expansion will require greater investment from both the state and private industry, if the country is to address challenges weighing on the sector
IFC to invest $6m in ‘Fawry’
The investment in ‘Fawry’ the electronic payment provider, will be used to extend the network of payment terminals across the country
Regional insolvency conference: Egypt is at a critical juncture
The three-day-regional conference provided participants with an opportunity to discuss the challenges of reforming the insolvency laws across the region