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International Finance Corporation

International Finance Corporation latest

Amman, Jordan (Twitter)
November 6th, 2018 - 10:14 GMT

World Bank Agrees to $10M for Jordan's Small Businesses

The International Finance Corporation (IFC), a member of the World Bank Group, announced recently it was providing a $10 million loan to a microfinance institution in Jordan, as part of an effort to support small businesses, entrepreneurs and women, an IFC statement said.
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Only a handful of Saudi women are appointed to the board of major Saudi companies. (AFP)
April 30th, 2018 - 06:40 GMT

Saudi Aramco Appoints First Female Executive

Outgoing US Vice President Joe Biden addresses the assembly on the second day of the World Economic Forum, on January 18, 2017 in Davos. (AFP/Fabrice Coffrini)
January 18th, 2017 - 01:30 GMT

Davos 2017: From global to local, what do the talks mean for the Middle East?

The source of the loan was split between  the International Bank for Reconstruction and Development and the World Bank. (File photo)
October 13th, 2016 - 05:00 GMT

Jordan inks exceptional $300M World Bank loan

The Mafraq plant is the first PV solar plant to be financed out of the four planned under the Jordanian government’s second round of solar PV projects, said the statement. (Shutterstock)
September 26th, 2016 - 04:39 GMT

Jordan secures $76M for solar power plant in Mafraq

The International Finance Corporation sees great opportunities for Jordan to ramp up private sector participation in its economy. (Shutterstock)
July 17th, 2016 - 11:00 GMT

World Bank unveils ambitious five-year support program for Jordan

Although low oil prices are having a varying impact on Mena countries economically, they are having little impact on M&A strategy. (Shutterstock)
May 17th, 2016 - 05:05 GMT

Gulf diversification drive to boost telecom, media and technology M&A activity

The investment is also expected to help reduce greenhouse gas emissions in Lebanon. (Shutterstock)
February 15th, 2016 - 08:30 GMT

Lebanon gets $7 million IFC loan to support clean energy, address energy shortage

Al Bawaba
January 11th, 2016 - 10:27 GMT

Dubai's Propertyfinder Group raises $20M from Swedish venture capital firm

The project will produce energy from carbon free resources, displacing 235,000 tons of carbon dioxide emissions annually. (Shutterstock)
December 22nd, 2015 - 07:08 GMT

MENA's largest wind farm opens in Jordan

Egypt plans to encourage the private sector to invest in clean energy technologies and make industrial facilities more energy-efficient. (Al Bawaba/File)
December 6th, 2015 - 05:01 GMT

Egypt to clean up industry with $2.3M deal for better energy-efficiency

The International Finance Corporation is a member of the World Bank Group. (Al Bawaba/File)
November 22nd, 2015 - 08:22 GMT

World Bank Group member IFC invests $27M in Souq.com

Al Bawaba
May 7th, 2015 - 08:08 GMT

Must try harder: Arab Economic Forum addresses regional failures to raise average growth rates

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