Thursday 26 May 2016
 
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IFC

IFC arranges $375m financing for Iraqi power firm

IFC, a member of the World Bank Group, has arranged a $375 million financing package for a leading private Iraqi power company, Mass Global Energy Sulimaniya. The project will provide electricity to millions of people across the c

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IFC arranges $375m financing for Iraqi power firm

IFC, a member of the World Bank Group, has arranged a $375 million financing package for a leading private Iraqi power company, Mass Global Energy Sulimaniya. The project will provide electricity to millions of people across the c

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ContourGlobal and partners closes $91m financing

ContourGlobal, an international power generation company, together with its partners, the Overseas Private Investment Corporation (Opic) and International Finance Corporation (IFC), a member of the World Bank Group, have reached financial clos

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Microfinance challenges in Arab world in focus

External risks, security concerns and over-indebtedness have been perceived as the most serious challenges facing the microfinance sector in the Arab world, according to a new study from IFC, a member of the World Bank Group. &nbs

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IFC invests in Egypt’s Sphinx Glass to boost sector

International Finance Corporation (IFC), a member of the World Bank Group, is investing in a 20 per cent equity stake in Egypt-based Sphinx Glass, to boost the glass manufacturing sector in the region. Sphinx Glass is a subsidiary

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IFC invests $27m in e-commerce platform Souq

International Finance Corporation (IFC), a member of the World Bank Group, and IFC Asset Management Company are investing $27 million in Souq, the largest e-commerce platform in the Middle East and North Africa (Mena). IFC is the

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Clifford Chance advises on $100m issuance by IFC

Clifford Chance, a leading global law firm, has advised on the issuance of $100 million floating rate, amortising trust certificates due 2020 issued by International Finance Corporation (IFC). The Issuance was completed on Septemb

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IFC sets final spread for $100m 5-year sukuk

International Finance Corp (IFC), a unit of the World Bank, has set final spread for its $100 million sukuk, which is expected to be priced later today (September 9), a document from lead arrangers showed.   The

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IFC gets top rating for $100m sukuk

The International Finance Corp (IFC), the World Bank's lender to the private sector, has received a preliminary AAA rating from Standard & Poor's for a proposed $100 million issuance of sukuk, or Islamic bonds. Proceed

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World Bank's IFC plans sukuk sale after Gulf summer

The International Finance Corp (IFC), the World Bank's lender to the private sector, has started work on a return to the market for Islamic bonds, or sukuk, with plans to issue sharia-compliant debt after summer in the Gulf region.

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