In a high-level meeting underscoring Egypt’s accelerating economic reform efforts, Minister of Public Enterprises Sector Mohamed El-Shimy hosted a delegation from the World Bank Group at the Ministry’s headquarters in …
IFC
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Dr. Rania Al-Mashat, Egypt’s Minister of Planning and Economic Development, and Makhtar Diop, Managing Director of the International Finance Corporation (IFC), jointly inaugurated the newly renovated IFC office in Cairo. …
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EconomyHighlights
Egypt and IFC Forge Deeper Alliance to Power Private-Led Growth Amid Global Economic Shifts
During the 2025 Spring Meetings of the World Bank Group and IMF, Dr. Rania Al-Mashat, Egypt’s Minister of Planning, Economic Development, and International Cooperation, held a high-level meeting with Makhtar …
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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 …
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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 …