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Business
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Economy
3/22/2023 3:54:35 PM
The International Finance Corporation (IFC), a World Bank Group (WBG) financing arm, said on Wednesday it will make an equity investment of up to €25 million in the Mediterrania Capital Partners’ Mediterrania MC IV fund, with the possibility of investing another €20 million later on.
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Business
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Economy
3/22/2023 3:46:00 PM
The World Bank Group (WBG) Board of Executive Directors approved on Tuesday a new Country Partnership Framework (CPF) for Egypt, laying out the WBG’s strategy in the country for FY2023–2027, the WBG announced on Wednesday.
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Business
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Economy
3/22/2023 2:08:27 PM
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Business
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Economy
3/22/2023 2:01:24 PM
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Business
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Economy
12/19/2022 3:25:39 PM
The Ready-Made Garment Chamber of the Federation of Egyptian Industries announced on Monday the signing of a cooperation protocol with the International Finance Corporation (IFC), a finance arm of the World Bank Group, that aims to develop Egypt’s technical and specialized textile supply chain.
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Business
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Economy
12/1/2022 12:11:03 PM
The International Finance Corporation (IFC), a financing arm of the World Bank Group, alongside UAE, Japanese, Dutch, and private sector commercial banking partners, announced on Wednesday a $1.1 billion financing package for Egypt, including debt and equity.
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Business
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Markets & Companies
4/11/2022 2:11:16 PM
The International Finance Corporation (IFC) — a World Bank Group member — is set to invest $15 million in the second fund from venture capital firm Algebra Ventures with the aim of supporting tech start-ups with access to finance and drive innovation and job creation primarily in Egypt.
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Al-Ahram Weekly
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Economy
4/7/2022 11:01:00 AM
A leap in exports is an urgent necessity as Egypt approaches the next economic stage, writes Al-Ahram Weekly
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Business
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Markets & Companies
3/22/2022 2:46:24 PM
The International Finance Corporation (IFC) — a member of the World Bank Group — along with African and European partners launched on Tuesday the Alliance for Entrepreneurship in Africa (AforE).
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Business
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Markets & Companies
1/31/2022 4:40:17 PM
The International Finance Corporation (IFC), a World Bank body, is set to pump $20 million in investments in Egypt-based Ezdehar, a private equity fund manager focused on Egypt.
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Business
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Economy
12/20/2021 2:37:52 PM
Egypt’s Minister of International Cooperation Rania Al-Mashat discussed with the World Bank Group’s (WBG) development policy financing team bringing forth a new round of the Country Partnership Framework (CPF) for Egypt, maintaining the momentum and building on the strong progress achieved over the course of the 2015-2019 CPF and the two-year extension that followed.
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Business
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Markets & Companies
12/7/2021 5:23:55 PM
The Egyptian Chamber of Apparel and Home Textile Indutries (ECAHT) launched on Tuesday a project on upgrading technical textile’s industry supply chains that aims to attract about $800 million in investments, ECAHT announced.
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Business
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Economy
9/7/2021 12:31:41 PM
The loan aims to help the group to further expand its production in Algeria, Egypt, and Nigeria, creating hundreds of direct and indirect jobs, according to the IFC
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Al-Ahram Weekly
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Egypt
9/3/2021 2:25:00 PM
Minister of International Cooperation Rania Al-Mashat talks about the forthcoming International Cooperation Forum and sheds light on the parameters for sustainable recovery with Al-Ahram Weekly
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Business
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Economy
8/26/2021 11:52:56 PM
IFC invested in Egypt's first private sector green bond – issued by the Commercial International Bank (CIB) – to increase lending to businesses seeking to invest in eco-friendly initiatives
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Business
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Economy
8/3/2021 8:35:18 PM
Sérgio Pimenta, IFC’s Vice President for Middle East and Africa, said that addressing climate change is a priority for IFC in Egypt as well as across the MENA
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Business
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Economy
6/22/2021 12:29:23 PM
The new blended finance facility targets unlocking and catalysing private sector financing for innovative and scalable investments that will create solutions to address economic and social challenges faced by FDPs
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Business
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Economy
6/16/2021 1:34:18 PM
Through its Egypt Quality Advisory Programme, the IFC is expected to advise private healthcare service providers across Egypt on enhancing patient safety practices and upgrading their quality assurance systems
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Business
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Economy
6/8/2021 12:45:09 PM
The action was undertaken in order to increase financial inclusion and support the digital transformation of financial institutions across Africa and the Middle East, according to the IFC
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Business
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Economy
5/25/2021 3:44:51 PM
The $45 million debt-finance package will support healthcare sector in Egypt, Jordan, Nigeria, and Sudan
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