Today, Ahmed El Sheikh, Chairman of the Egyptian Stock Exchange (EGX), officially opened the trading session in celebration of International Women’s Day. The event, attended by Heba El-Seirafy, Vice Chairman …
IFC
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EconomyHighlights
Egypt’s Minister of Planning Meets with World Bank and IFC Delegation to Discuss J-CAP Capital Markets Program
Egypt’s Minister of Planning, Dr. Rania Al-Mashat, held a meeting with the joint delegation from the World Bank and the International Finance Corporation (IFC) to discuss collaborative efforts under …
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EconomyHighlights
$4.2 Billion in Financing from International Institutions for Egypt’s Private Sector: Planning Min.
Egypt’s Ministry of Planning, Economic Development, and International Cooperation has announced that development financing for the local and foreign private sector in the country reached a substantial $4.2 billion by …
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EconomyHighlights
President Sisi Approves Egypt’s Subscription to Capital Increase in IFC; Government Plans to Borrow $39B in Q1 2025
Egypt’s President, Abdel Fattah El-Sisi, issued Decree No. 110 for 2024, approving Egypt’s subscription to the capital increase of the International Finance Corporation (IFC), with a contribution of 28,940 shares. …
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Economy
IFC Extends $150 Million Financing to Egypt’s Commercial International Bank to Support MSME Growth
The International Finance Corporation (IFC) announced a $150 million financing package for Egypt’s Commercial International Bank (CIB) on Sunday. This move aims to strengthen CIB’s capital base and enhance …
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Banque du Caire and the International Finance Corporation (IFC), a member of the World Bank Group, joined forces to support Egyptian businesses and trade with a $100 million financing agreement. …
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NewsPolitics
Int’l Cooperation Minister Discusses Strengthening Strategic Partnership to Empower Private Sector With IFC
Dr. Rania A. Al-Mashat, the Minister of International Cooperation and Governor of Egypt at the World Bank Group met with a high-level delegation from the International Finance Corporation (IFC). The …
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EconomyHighlights
IFC Signs Partnership Agreement with Al Baraka Bank Egypt to Empower Women Entrepreneurs
IFC has recently partnered with Al Baraka Bank Egypt to increase access to finance for micro, small, and medium-sized enterprises (MSMEs) in Egypt, including women-owned businesses, thereby catalyzing economic activity …
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Dr. Rania Al-Mashat, the Governor of Egypt and Minister of International Cooperation, met with Sérgio Pimenta, the Regional Vice President of the International Finance Corporation (IFC) for Africa, during his …
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IFC announced today a partnership with Al Baraka Bank Egypt to increase access to finance for micro-, small- and medium-sized enterprises (MSMEs) in Egypt, including women-owned businesses, helping catalyze economic …
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