The International Finance Corporation (IFC), the World Bank’s private investment arm, plans to fund $1.9 billion worth …
IFC
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EGXEgypt NewsFeatureIndustry & TradeNewsStocksTech/AI
Egypt announces sale of $5.6 billion worth of state-owned assets
Egypt has signed contracts to sell stakes in 14 state-owned assets worth a total of $5.6 billion …
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IFC official sees Egypt’s first pound bond launch in 2024
Egypt is expected to issued its first Egyptian pound-dominated bond on the international market within 2024, said …
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IFC, Banque Misr partner for bigger access to finance for Egypt women-led MSMEs
by Yomna Yasserby Yomna YasserWorld Bank’s International Finance Corporation (IFC) announced on Sunday a partnership with Egypt’s Banque Misr to increase …
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IFC plans to provide $175mln loan to SCCT
by Sama Mousaby Sama MousaThe International Financial Corporation (IFC) is planning on providing the Suez Canal Container Terminal (SCCT) with a …
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Egypt NewsIndustry & TradeNewsTech/AI
Edita discloses $45mln loan from IFC
by Sama Mousaby Sama MousaEdita Food Industries, one of Egypt’s largest food companies, has signed an agreement with the International Finance …
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IFC partners with Banque du Caire to green Egypt’s financial sector
by Yomna Yasserby Yomna YasserThe International Finance Corporation (IFC) announced on Sunday it is partnering with Banque du Caire to develop …
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IFC to issue Egyptian pound bond
by Yomna Yasserby Yomna YasserThe International Finance Corporation (IFC) has gained approval from the Egyptian Cabinet on Thursday to issue pound-denominated …
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Egypt NewsFeatureFinancial InstitutionsNews
IFC mulls $30mln loan for Egypt’s Edita to boost its capital expenditure
by Nada Aliby Nada AliThe International Finance Corporation (IFC) is studying loaning Edita Food Industries (EFID) up to $30 million to …
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Abu Dhabi Islamic Bank – Egypt (ADIB) signed a support financing agreement with the International Finance Corporation …