Tag: international finance corporation

Egypt plans $4bn investment in six refinery projects, minister says

Egypt is implementing six petroleum refinery development projects with total investments exceeding…

Daily News Egypt

CBE catalyses banking sector’s shift toward sustainable finance: Governor Abdalla

Hassan Abdalla, Governor of the Central Bank of Egypt (CBE), affirmed that…

Daily News Egypt

Egypt mandates non-banking financial firms to offset 20% of carbon emissions

Egypt has mandated that non-banking financial institutions with capital exceeding EGP 100m must…

Daily News Egypt

IFC to invest $1.2bn in Egypt during FY2026

The International Finance Corporation (IFC) plans to invest around $1.2bn in Egypt…

Daily News Egypt

GlobalCorp issues eighth securitization bond worth EGP 2.5bn

GlobalCorp Financial Services has successfully completed its eighth securitization bond issuance, valued…

Daily News Egypt

Egypt finalising tender documents for Hurghada airport management

Egypt is finalising the technical and regulatory studies required to offer the…

Daily News Egypt

Suez Canal Bank posts EGP 5bn profit in September 2025, up 62%

Akef El Maghraby, CEO and Managing Director of Suez Canal Bank, announced…

Hossam Mounir

Suez Canal Bank partners with IFC to boost SME financing, advance financial inclusion in Egypt

The International Finance Corporation (IFC) announced on Tuesday a $50m financing package…

Daily News Egypt

Egypt, IFC discuss expanding private sector financing, advancing State Ownership Policy Document

Investment and Foreign Trade Minister Hassan El-Khatib and Planning, Economic Development and…

Daily News Egypt

World Bank financed 201 projects in Egypt worth $27.5bn since 1959

The World Bank has financed 201 projects in Egypt worth a total…

Daily News Egypt