IFC has appetite for state privatization program: The International Finance Corporation could have appetite for shares that could be offered as part of the state privatization’s reborn program, IFC Regional Director Mouayed Makhlouf tells Al Mal. Makhlouf did not offer further details on how much IFC could earmark for the process. He shrugged off concerns that the current turbulence in emerging markets would impact the privatization program, saying that foreign and regional investors have signaled a healthy appetite for Egyptian investments over the past several months and will likely ensure the success of the planned stake sales.

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