International Finance Corporation (IFC), a member of the World Bank Group, and Banque Misr, Egypt’s second-largest public sector bank, have announced a partnership to increase access to finance for privately-owned …
IFC
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IFC is partnering with Banque du Caire to develop a climate finance strategy that will help protect the bank from climate risks, invest in green activities, and support the decarbonization …
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EconomyHighlights
Egyptian Cabinet Gives Green Light to IFC to Start Issuing EGP Bonds in Foreign Markets
The International Finance Corporation (IFC) has just gained the Egyptian Cabinet’s approval to start issuing bonds in Egyptian pounds in foreign markets. The IFC’s issuance of bonds in the local …
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Local media sources stated that Golden Coast Company, a subsidiary of Golden Pyramids Plaza is considering and studying the possibility of releasing its first green sukuk (Islamic bond) in Egypt. …
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Minister of International Cooperation Rania Al-Mashat announced that Egypt has secured $2.1 billion in concessional financing for its private sector from international partners since the beginning of 2023, during a …
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This week marked the appointment of the International Finance Corporation (IFC) as a strategic advisor to the Egyptian government’s Asset Monetization Program, under which it will provide the government with …
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IFC is joining forces with the Government of Egypt to boost private sector participation in the economy – helping to increase competitiveness, create jobs, and improve living standards for Egyptians. …
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On Saturday night, Egypt’s Entrepreneur Awards (EEA) announced the winners of its third edition award ceremony held at the magnificent Mohamed Ali Palace, in the attendance of over 100 business …
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The International Finance Corporation (IFC) may extend $260 million to state-owned Banque Misr for on-lending to local MSMEs and women-owned SMEs. According to the lender’s website, the IFC will fund …
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The Commercial International Bank (CIB), Egypt’s leading private sector bank, is joining forces with the International Finance Corporation (IFC) to establish and put into effect a robust climate risk management …
