{"id":639534,"date":"2017-10-31T06:31:33","date_gmt":"2017-10-31T06:31:33","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/31\/the-international-financial-corporation-ifc-is-planning-to-invest-usd-1-5-bn-in-egypt-in-fy2018-19\/"},"modified":"2017-10-31T06:31:33","modified_gmt":"2017-10-31T06:31:33","slug":"the-international-financial-corporation-ifc-is-planning-to-invest-usd-1-5-bn-in-egypt-in-fy2018-19","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/31\/the-international-financial-corporation-ifc-is-planning-to-invest-usd-1-5-bn-in-egypt-in-fy2018-19\/","title":{"rendered":"The International Financial Corporation (IFC) is planning to invest USD 1.5 bn in Egypt in FY2018-19"},"content":{"rendered":"

<\/a> The International Financial Corporation (IFC) is planning to invest USD 1.5 bn in Egypt in <\/strong>FY2018-19<\/strong>, the IFC\u2019s Vice President of New Business Dimitris Tsitsiragos tells Al Borsa<\/a>. Renewable energy \u2014 for which the institution pledged a USD 653 mn debt package to this week<\/a> \u2014 will continue to top the IFC\u2019s priorities, but funding will also be used to assist oil and gas imports and to build natural gas infrastructure, including installations. Tsitsiragos added that the IFC is currently considering funding two projects in logistics and fuel imports, but stopped short of offering other details. The IFC-financed projects (including renewable energy) are worth a combined USD 1.5 bn, of which USD 500 mn is geared towards SME financing, he tells the newspaper. See our Spotlight on renewable energy, below, for more on the IFC\u2019s investments in Egypt.<\/p>\n","protected":false},"excerpt":{"rendered":"

The International Financial Corporation (IFC) is planning to invest USD 1.5 bn in Egypt in FY2018-19, the IFC\u2019s Vice President of New Business Dimitris Tsitsiragos tells Al Borsa. Renewable energy \u2014 for which the institution pledged a USD 653 mn debt package to this week \u2014 will continue to top the IFC\u2019s priorities, but funding […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-639534","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"d98ada7a-4ed7-4003-b5b9-d9436521d642","order":"0","is_powered_by":true,"section_story_id":"2c9e3e31-3bd8-4ed0-bc53-05dd670ebf4c","story_type":"1","photo_url":"","photo_position":"above","related_issue":[639523],"teaser":"","voice_url":""},"yoast_head":"\nThe International Financial Corporation (IFC) is planning to invest USD 1.5 bn in Egypt in FY2018-19 - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/31\/the-international-financial-corporation-ifc-is-planning-to-invest-usd-1-5-bn-in-egypt-in-fy2018-19\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The International Financial Corporation (IFC) is planning to invest USD 1.5 bn in Egypt in FY2018-19\" \/>\n<meta property=\"og:description\" content=\"The International Financial Corporation (IFC) is planning to invest USD 1.5 bn in Egypt in FY2018-19, the IFC\u2019s Vice President of New Business Dimitris Tsitsiragos tells Al Borsa. 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The amount \u2014 which exceeds\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":637886,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/28\/nasr-ifc-agree-to-cooperate-on-developing-capital-markets-strategy-to-attract-new-foreign-investment\/","url_meta":{"origin":639534,"position":2},"title":"Nasr, IFC agree to cooperate on developing capital markets strategy to attract new foreign investment","author":"enterpriseam admin","date":"28 November 2017","format":false,"excerpt":"Investment Minister Sahar Nasr signed an MoU with the International Finance Corporation (IFC) yesterday that will see both sides cooperate on the development of a sustainable national strategy to attract more foreign investment to Egypt. The agreement was inked on the sidelines of the first day of the IFC\u2019s two-day\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":628675,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/05\/10\/the-ifc-plans-to-invest-another-usd-1-5-bn-in-egypts-private-sector-this-year\/","url_meta":{"origin":639534,"position":3},"title":"The IFC plans to invest another USD 1.5 bn in Egypt\u2019s private sector this year","author":"enterpriseam admin","date":"10 May 2018","format":false,"excerpt":"INVESTMENT WATCH- The IFC confirms it plans to invest another USD 1.5 bn in Egypt\u2019s private sector this year. The International Finance Corporation (IFC) officially confirmed in a statement that it has allocated USD 1.5 bn in new funding for the private sector in FY2018-19. 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