Latest in Highlight
Current draft not final, may be subject to revision based on ongoing consultations with business community, Ashraf says
Loan follows $50m provided in December 2013
These institutions include the International Finance Corporation (IFC), the European Bank for Reconstruction and Development (EBRD), and the European Investment Bank (EIB)
New guarantees from World Bank for international investors in Egypt for energy, mining and the Suez Canal
The IFC funded private sector projects in various fields including infrastructure, energy, and small and medium enterprises.
Information Technology Industry Development Agency signed protocol with IFC to strengthen workers’ competitiveness in Egypt’s technology sector
Investment will be accompanied by additional $20m loan from the CIB
Diversifying energy sources is crucial to achieving economic development, IFC vice president says
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 will help the bank’s clients expand into new markets giving them an opportunity for growth
Minister of Investment says investment opportunities will benefit all governorates
The International Finance Corporation is willing to finance public-private-partnerships centred on infrastructure, says regional director
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 is establishing the MENA SME Facility in partnership with the World Bank, International Financial Institutions and donors.
Online initiative helps women entrepreneurs gain access to financing
Private sector key to unlocking Egypt’s ‘long-term economic potential’, says Jin-Yong Cai, International Finance Corporation CEO
Public-private partnerships expected to provide Government with new mechanisms to attract foreign investments
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
The investment in ‘Fawry’ the electronic payment provider, will be used to extend the network of payment terminals across the country
The three-day-regional conference provided participants with an opportunity to discuss the challenges of reforming the insolvency laws across the region
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, …