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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
IFC helps educator build schools across Egypt
CAIRO: IFC, a member of the World Bank Group, is lending the Cairo Investment and Real Estate Development company (CIRA) up to $15 million to help the firm build primary and secondary schools across Egypt, according to a statement. The funding support from IFC will enable CIRA, a provider of kindergarten through grade 12 instruction, …