IFC, a member of the World Bank Group, is providing a $50 million loan to Cheiron Finance Limited, a subsidiary of Egypt’s PICO International Petroleum, in an effort to bolster energy supplies in the Arab World's mos ...
The International Finance Corporation (IFC), a subsidiary of the World Bank in charge of the private sector, plans to invest 1.2 to $ 2 billion in Egypt over the next four years.