IFC

IFC to Develop Key Facilities at King Hussein Bridge Crossing

Amman - Muslimchronicle

Jordan’s Ministry of Public Works has singed an agreement with the International Finance Corporation (IFC), a member of the World Bank Group, to help improve trade and passenger flow between Jordan and Palestinian territories by expanding and refurbishing facilities of the King Hussein Bridge crossing terminal. Minister of Public Works and Housing Sami Halaseh said Thursday that the project aimsRead more

IFC to Develop Key Facilities at King Hussein Bridge Crossing

Jeddah - Muslimchronicle

Nasr probes with WB, IFC 2017 doing business report

Cairo - MENA

Minister of Investment and International Cooperation Sahar Nasr conferred on Wednesday with a team of the World Bank (WB) and the International Finance Corporation (IFC) on preparations for issuing a doing business report for 2017 by the WB ahead of a visit by a mission of the WB and IFC to Egypt on March 12-13. The meeting was attended byRead more

Sisi holds talks with CEO of IFC on boosting bilateral cooperation

Cairo - Arab Today

President Abdel Fattah El Sisi received on Wednesday Philippe Le Houérou, the CEO of the International Finance Corporation (IFC) in the presence of Minister of International Cooperation Sahar Nasr. President Sisi welcomed Le Houérou and hailed cooperation between Cairo and the international corporations in light of the constructive role they play in funding development projects in Egypt, in cooperation withRead more

World Bank secretly finances Asian 'coal boom'

Washington - Arab Today

The World Bank is indirectly financing a boom in some of Asia's dirtiest coal-fired power generation despite commitments to end most funding for the sector, a development advocacy group charged on Monday. The power plants, which contribute to climate change and deforestation as well as premature deaths due to illness, are cropping up from Bangladesh to the Philippines, all withRead more

Private investments boosting Africa's healthcare: official

Nairobi - XINHUA

Private investments are boosting Africa's healthcare sector by complementing government efforts to increase access to health services, an official of the International Finance Corporation (IFC) has said. The head of health and education in sub-Saharan Africa at the IFC, Biju Mohandas, said Monday in a signed article published in the local daily, the Standard, that over the past seven years,Read more