international finance corporation news
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VIDEO: Challenge to create jobs in the Gulf
London :: United Kingdom | 18 days ago
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Challenge to create jobs in the Gulf 2 June 2013 Last updated at 11:05 ET The International Finance Corporation, a branch of the World Bank that supports the private sector, says the Middle East region needs to create 6.5 m jobs each year.
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Bank Muscat's tie-up with IFC to benefit SME sector
Muscat :: Oman | 1 month ago
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40 pm Muscat: With the International Finance Corporation (IFC) and its affiliate taking a 5.28 per cent stake in Bank Muscat through a private placement, the Omani bank will be in a better position to fund small and medium enterprises. The OMR75
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World Bank must end support for Honduran palm oil company
Tegucigalpa :: Honduras | 3 months ago
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The IFC statement explicitly admits to supporting training for the company's armed security guards. A World Bank Ombudsman [1] is currently investigating an IFC loan of $30 million for Grupo Dinant which was approved in 2009, at least half of which
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Africa: World Bank Arm to Issue Bond in Naira
Abuja :: Nigeria | 5 months ago
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The International Finance Corporation is set to launch its first naira-denominated bond. The International Finance Corporation will issue a five-year naira-denominated bond aimed to deepen Nigeria's non-sovereign debt market. The private sector arm
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Need to shed obsession with mega projects:Ex-IFC head
Malé :: Maldives | 6 months ago
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Swedish businessman and former chief executive of International Finance Corporation Lars Thunell on Monday said the country should shed its obsession with mega projects and instead concentrate on having a multiple smaller ones, which can get us the
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IFC to double investment in Bangladesh
Dhāka :: Bangladesh | 10 months ago
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Sheikh Shahariar Zaman bdnews24.com Senior Correspondent Dhaka, Aug 14 (bdnews24.com)International Finance Corporation is aiming to lift its investment from $ 250 million to $ 400-600 million this fiscal as it is expanding its operations in
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IFC to pick up 5% in Jain Irrigation for Rs250 crore
Mumbai :: India | 10 months ago
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International Finance Corporation (IFC), the investment arm of World Bank, plans to pick up a 5% stake in Jain Irrigation, media reports said on Friday...While Anil Jain, managing director, Jain Irrigation, did not answer calls to his cell phones,
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Chinese named as new head of World Bank's IFC
Shanghai :: China | 10 months ago
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Chinese investment banker Jin-yong Cai was named Friday as new chief executive of the International Finance Corporation , the World Bank's rapidly expanding private finance arm. Cai will take responsibility for the World Bank unit that helps private
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Lack of contractors hitting northeast projects: ADB
Agartala :: India | 11 months ago
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The biggest hurdle in implementing infrastructure projects in the northeastern states is the lack of competent contractors, an Asian Development Bank (ADB) official said Wednesday. "One of the biggest challenges for the region is to attract big
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SMEs: It's not all about the money
Karāchi :: Pakistan | 12 months ago
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Small and medium-sized enterprises are the powerhouses in most economies. But with many SMEs experiencing a squeeze on credit in the wake of the financial crisis, public debate has quite rightly focused on the need to get banks to lend more to this
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