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Business
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Economy
7/9/2023 5:42:53 PM
Commercial International Bank (CIB) has announced receiving $250 million in long-term loans from the International Finance Corporation (IFC) to support its capital and fund green projects, according to a bourse statement on Sunday.
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Al-Ahram Weekly
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Egypt
7/2/2023 11:14:00 AM
There are things the government needs to bear in mind as it intensifies efforts to sell stakes in state-owned companies.
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Business
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Economy
6/19/2023 8:19:01 PM
The Egyptian government signed on Sunday an agreement with the International Financial Corporation (IFC), the financial arm of the World Bank, to provide advisory services for its initial public offerings (IPOs) programme for state-owned companies.
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Business
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Economy
6/18/2023 4:04:00 PM
Egypt has signed an agreement with the International Financial Corporation (IFC), the financial arm of the World Bank, to provide advisory services for Egypt's privatization programme.
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Business
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Economy
5/29/2023 3:28:48 PM
Banque Misr will receive a $260 million loan from the World Bank's (WB) financial arm, the International Finance Corporation (IFC) over five years to support micro, small, and medium-sized enterprises (MSMEs).
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Business
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Economy
5/10/2023 7:10:47 PM
The World Bank (WB) is among the international partners that Egypt relies on to bridge its $17 billion financing gap through FY2025/26.
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Business
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Economy
5/4/2023 12:54:39 PM
Egypt hosted on Wednesday the International Finance Corporation's (IFC) summit on Law and Gender Conference, with a focus on the interplay between the private sector and the judiciary in advancing women’s economic participation in the Middle East and North Africa (MENA).
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Business
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Economy
3/29/2023 5:06:52 PM
Egypt secured a total of $2.6 billion in development financing from its multilateral and bilateral development partners for the private sector in 2022, according to the 2022 Annual Report “International Partnerships for Sustainable Development: From Pledges to Implementation” the Ministry of International Cooperation released on Wednesday.
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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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