Sunday 4 December 2016
 
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Morocco’s smart investment potential seen at $68bn

Morocco has $68 billion in smart investment potential from now until 2030 due to its reputation as a strong supporter of clean energy initiatives, a report said. Morocco, Jordan and Egypt represent the three countries with the mos

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IFC to raise $5bn for emerging markets infrastructure

IFC, a member of the World Bank Group, has launched an innovative programme that aims to raise $5 billion from global institutional investors to modernise infrastructure in emerging markets over the next five years. The initiative

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IFC to invest $25m in Egyptian petchem firm

International Finance Corporation (IFC), the private investment arm of the World Bank, plans to invest $25 million in Carbon Holdings Limited, an Egyptian downstream petrochemical producer, said a report. IFC is the largest global

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IFC to invest $25m in Egyptian petchem firm

International Finance Corporation (IFC), the private investment arm of the World Bank, plans to invest $25 million in Carbon Holdings Limited, an Egyptian downstream petrochemical producer, said a report. IFC is the largest global

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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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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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