Latest in Tag: international finance corporation Highlight
Latest in Tag: international finance corporation
IFC provides Pasabahce Egypt with finance to support exports, sustainable glass production
The International Finance Corporation (IFC) announced a financing package, on Tuesday, for leading glassware manufacturer Pasabahce Egypt for Glass Manufacturing, to help the company boost exports, introduce cleaner production practices, and create jobs.
IFC to help Tanmeyah in building capacity, boosting outreach
The findings will inform the second phase of the project, during which IFC will help Tanmeyah implement the key recommendations based on its priorities.
Faster Implementation of reforms is key to unleashing private sector investments, boosting sustainable growth and jobs: IFC’s Walid Labadi
State should encourage public-private partnerships in desalination, wastewater removal, renewable energy, says IFC Country Manager in Egypt, Libya, and Yemen
IFC to expand its activities in Egypt’s transportation, renewable energy, entrepreneurship
WBG’s new president praises country’s economic reforms
47% of companies in Egypt have female board members: IFC
Egyptian women represent 14% of all companies’ board members in country, says IFC
IFC, British embassy launch StartEgypt Forum
Start-ups will get chance to present their unique ideas to calibre stakeholders, investors
MIIC, IFC sign agreement to strengthen Egypt’s position as regional hub for African entrepreneurs
Under agreement, MIIC and IFC will select 100 promising entrepreneurs from across Africa to connect them with business leaders, international investors
IFC does not yet wish to sell its stake in AlexBank
International Finance Corporation (IFC), the World Bank Group’s investment arm, has shown no interest in selling its 9.25% stake in the Bank of Alexandria (AlexBank), a member of the Intesa Sanpaolo Group, up until now. Walid Labadi, IFC country manager for Egypt, Libya, and Yemen, said that the IFC will announce its intention to sell …
IFC, MIIC sign letter of intent to develop Egypt’s National Investment Attraction strategy
International Finance Corporation (IFC) Regional Director Mouayed Makhlouf and Minister of Investment and International Cooperation (MIIC) Sahar Nasr signed on Monday a letter of intent to develop Egypt’s National Investment Attraction and Retention strategy during a signing ceremony. IFC intends to provide the necessary analysis on Foreign Direct Investment (FDI), institutional framework, and investment incentives, …
IFC to provide fund of $ 1.5bn for Egypt in FY19
IFC seeks financing two logistics projects in Egypt, says Vice President
Egypt back on investment map: IFC
IFC’s commitments in Egypt close to $1bn, says IFC director for the Middle East and North Africa
IFC provided $2.8bn to support private sector in Egypt since 1979: Nasr
The IFC’s support to Egypt from 2011 until 2016 is estimated at EGP 1.5bn, says minister
IFC CEO to visit Egypt on Wednesday to discuss cooperation
Executive vice president and CEO of the International Finance Corporation (IFC) Philippe Le Houérou will visit Egypt on Wednesday and Thursday for the first time. Houérou will meet Minister of International Cooperation Sahar Nasr and other governmental officials to discuss ways to increase cooperation between Egypt and the IFC. The meeting will discuss challenges and …
Egypt needs regulations to become more business-friendly: IFC regional director
In 2016, the IFC invested a total of $352m in 7 projects across Egypt’s banking, manufacturing, infrastructure, and hospitality sectors
Sawiris, Kanoo, IFC sign agreement to acquire shares of AXA Investment Egypt
The parties expect to sign the final contract before 2016’s close: Al-Shabrawishi
IFC obtains 20% stake in Sphinx Glass
Purchase aims to boost employment opportunities at the company, says IFC
Egypt, World Bank sign MoU to improve investment environment
The MoU is part of Egypt’s efforts to benefit from the World Bank’s expertise in developing the investment environment.
International lenders see economic recovery in Egypt
IFC interested in investing in Suez Canal corridor project, says IFC MENA Director Mouayed Makhlouf
60 local, international entities to review new investment law: Minister
Current draft not final, may be subject to revision based on ongoing consultations with business community, Ashraf says
3 finance institutions request private sector project funding: Finance Minister
These institutions include the International Finance Corporation (IFC), the European Bank for Reconstruction and Development (EBRD), and the European Investment Bank (EIB)
World Bank prepares new partnership strategy in Egypt
Strategy will be processed over next six months
IFC exploring alternative energy, infrastructure projects in Egypt
Diversifying energy sources is crucial to achieving economic development, IFC vice president says
Ministry of Finance launches ten new PPP projects
Public-private partnerships expected to provide Government with new mechanisms to attract foreign investments
Egypt: Health sector looks for private help
However, while advances have been made in basic public health, further expansion will require greater investment from both the state and private industry, if the country is to address challenges weighing on the sector
IFC to invest $6m in ‘Fawry’
The investment in ‘Fawry’ the electronic payment provider, will be used to extend the network of payment terminals across the country