Sunday 13 July 2014
International Finance Corporation

Hawkamah index undergoes first rebalancing

The Mena wide environment, social and governance (ESG) index developed by Hawkamah in co-operation with Standard & Poor’s, underwent its first rebalancing in December last year. The index, developed with the support of the Internationa


Bank Muscat signs $170m loan deal with IFC

Bank Muscat has signed a $170 million subordinated loan agreement with the International Finance Corporation, a unit of the World Bank, the Omani lender said in a statement posted on its website.      In November,


CBB 'committed to helping small firms'

The Central Bank of Bahrain (CBB) is committed to supporting finance for the small businesses, said a top official at a conference organised by the Arab Monetary Fund and International Finance Corporation in Manama. 'The CBB has licens


IFC fund seals AUB investment deal

Ahli United Bank (AUB) and International Finance Corporation (IFC) capitalisation fund have signed key agreements to back capitalisation and expansion plans of the Bahrain-based bank by investing $125 million in equity and $165 million i


Addax’s affiliate partners with IFC

Bahrain-based Addax Bank said the International Finance Corporation (IFC), a member of the World Bank Group, will make an equity investment in its associate company First Education Holding (FEH). Addax Bank is a premier financial instituti


IFC lists $100m sukuk on DIFC

The International Finance Corporation, an affiliate of the World Bank, has announced the listing of its dollar-denominated $100 million issue on Nasdaq-Dubai, the DIFC’s international exchange. The IFC Hilal Sukuk, which has been given a A


IFC to list $100m sukuk in Dubai, Bahrain

International Finance Corporation (IFC), a member of the World Bank Group, will list its first sukuk of $100 million with the Nasdaq Dubai and Bahrain stock exchanges. The IFC Hilal Sukuk will be a dollar-denominated non-amortising is

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