Egypt sees $400m in budget support from UK – minister
Egypt is anticipating a $400 million infusion in budget support from the UK over two years, marking the latest…
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International Finance Corporation
Al Baraka Bank gets 50mln finance from IFC to support MSMEs in Egypt
The International Finance Corporation (IFC) has granted Al Baraka Bank Egypt a 50 million Murabaha Finance to…
IFC approves $25mln grant to boost Egypt’s green steel production
The International Finance Corporation (IFC) has approved a $25 million loan to Egyptian steel production firm…
China’s Envision secures contract for 500 MW wind farm in Egypt
China-based renewable energy solutions provider Envision Energy has secured a lucrative wind turbines agreement for…
IFC signs protocol to attract $50mln into Egypt’s textile industry by 2026
The International Finance Corporation (IFC) has signed on Monday a cooperation protocol with the Ready-Made Garment…
World Bank’s IFC backs blockchain-based platform for carbon offsets
The International Finance Corporation (IFC), a member of the World Bank, is joining forces with Cultivo,…
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…
Baker McKenzie named legal advisor in IFC- Pasabahce Egypt financing deal
Helmy, Hamza & Partners, Baker McKenzie office in Egypt, announced on Wednesday that it had been mandated as…
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 Egyptian…
World Bank urges more steps for Egypt to boost private sector investment
The World Bank Group on Monday urged Egypt to introduce more transparency about the state’s economic activity, a…
