Egypt is anticipating a $400 million infusion in budget support from the UK over two years, marking …
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International Finance Corporation
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BanksEgypt NewsFeatureInternational NewsNews
Al Baraka Bank gets 50mln finance from IFC to support MSMEs in Egypt
by Nada Aliby Nada AliThe International Finance Corporation (IFC) has granted Al Baraka Bank Egypt a 50 million Murabaha Finance to …
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BanksEgypt NewsFeatureFinancial InstitutionsNewsTech/AI
IFC approves $25mln grant to boost Egypt’s green steel production
by Nada Aliby Nada AliThe International Finance Corporation (IFC) has approved a $25 million loan to Egyptian steel production firm Kandil …
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Egypt NewsFeatureIndustry & TradeNewsTech/AI
China’s Envision secures contract for 500 MW wind farm in Egypt
by Nada Aliby Nada AliChina-based renewable energy solutions provider Envision Energy has secured a lucrative wind turbines agreement for Egypt’s Amunet …
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Egypt NewsFeatureIndustry & TradeMoneyNewsTech/AI
IFC signs protocol to attract $50mln into Egypt’s textile industry by 2026
by Nada Aliby Nada AliThe International Finance Corporation (IFC) has signed on Monday a cooperation protocol with the Ready-Made Garment Chamber …
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Financial InstitutionsMoney
World Bank’s IFC backs blockchain-based platform for carbon offsets
by Yomna Yasserby Yomna YasserThe International Finance Corporation (IFC), a member of the World Bank, is joining forces with Cultivo, Aspiration, …
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FeatureFinancial InstitutionsMoney
IFC invests $100 million in Egypt’s first private sector green bond
The International Finance Corporation (IFC), a World Bank member, announced on Wednesday it is investing $100 million …
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FeatureFinancial InstitutionsMoney
Baker McKenzie named legal advisor in IFC- Pasabahce Egypt financing deal
by Islam salahby Islam salahHelmy, Hamza & Partners, Baker McKenzie office in Egypt, announced on Wednesday that it had been mandated …
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FeatureFinancial InstitutionsMoney
IFC provides $30 million in financing to glass maker Pasabahce Egypt
The International Finance Corporation (IFC), part of the World Bank Group, is lending $30 million to the …
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The World Bank Group on Monday urged Egypt to introduce more transparency about the state’s economic activity, …
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