Tag: International Finance Corporation
Al Baraka Bank Egypt, IFC partner to support SMEs
The multilateral bank’s $50 million Murabaha finance to Al Baraka Bank Egypt will allow the bank to increase financing to thousands of SMEs in the country.
Egypt appoints World Bank’s IFC to help monetise state assets
The IFC will provide Egypt with technical assistance and advisory support to develop a strategy and implementation plan
Egypt secures $7 billion, five-year partnership from World Bank
The framework’s projects will be supported with a “financial envelope” of $7 billion in lending