Latest in Highlight
Latest in
IFC Investments in Middle East, North Africa hit new record in FY 2018
Minister Sahar Nasr to sign new agreement with IFC on Thursday
IFC plans to increase investments in Egypt in coming FY
IFC, Daltex partner to boost opportunities for Egyptian women in agribusiness sector
IFC to invest almost $1bn to support Egypt’s private sector this FY
IFC’s investments in Egypt reach $2.9bn, including financing mobilised from other investors, between FY 2006, 2017
IFC to support DBACD in effort to grow microfinance in Egypt
The International Finance Corporation (IFC) will support the Dakahlya Businessmen Association for Community Development (DBACD) as it scales up its lending operations and caters to borrowers who seek larger loans, according to a press statement issued on Sunday. The IFC, a member of the World Bank Group, said it will provide advisory services to a …
IFC loans CIB $100m
The International Finance Corporation (IFC) signed an agreement on Tuesday with the Commercial International Bank (CIB) to fund it with $100m. This funding is considered the first supporting loan provided by the IFC to a local bank. This came after the recent regulations approved by the Central Bank of Egypt (CBE) allowing international finance institutions …
IFC invests $26.2m in funding startups across region
The International Finance Corporation (IFC), which recently took part in the $2.5m fund that was raised by Palestine’s Ibtikar, is heavily investing in a number of startups across the MENA region. Part of the World Bank Group, IFC has reached a total sum of $26.2bn of investments in Arab-based startups. In addition to its investment …
IFC invests $26.2bn in funding startups across MENA region
The International Finance Corporation (IFC), which recently took part in the $2.5m fund that was raised by Palestine’s Ibtikar, is heavily investing in a number of startups across the MENA region. Part of the World Bank Group, IFC has reached a total sum of $26.2bn in investments in Arab-based startups. In addition to its investment …
IFC provides AAIB with $100m loan to support SMEs
The loan will enable AAIB to scale up its lending operations to smaller businesses