Friday 29 March 2024
 
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International Finance Corp

World Bank's IFC plans Egypt currency swaps

World Bank's International Finance Corp (IFC) plans to conduct currency swaps in Egypt to help local firms meet their foreign exchange needs, and is considering whether to issue local currency bonds in several Middle Eastern countries to fun

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IFC boss sees opportunity in developing nations

Emerging markets are a major part of the growth story in the world, led by China, but more and more by other countries where the middle-class is evolving, said the chief executive of International Finance Corp (IFC). New figures released b

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Saudi's Acwa buys key stake in Jordan firm

Acwa Power International, a leading water desalination and power generation company in Saudi, said it has acquired a 65 per cent controlling stake in Jordan-based Enara Energy Investments. In addition to this, Acwa Power also ann

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