Friday 29 March 2024
 
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International Finance Corporation

Hawkamah index undergoes first rebalancing

The Mena wide environment, social and governance (ESG) index developed by Hawkamah in co-operation with Standard & Poor’s, underwent its first rebalancing in December last year. The index, developed with the support of the Internationa

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Bank Muscat signs $170m loan deal with IFC

Bank Muscat has signed a $170 million subordinated loan agreement with the International Finance Corporation, a unit of the World Bank, the Omani lender said in a statement posted on its website.      In November,

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CBB 'committed to helping small firms'

The Central Bank of Bahrain (CBB) is committed to supporting finance for the small businesses, said a top official at a conference organised by the Arab Monetary Fund and International Finance Corporation in Manama. 'The CBB has licens

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IFC fund seals AUB investment deal

Ahli United Bank (AUB) and International Finance Corporation (IFC) capitalisation fund have signed key agreements to back capitalisation and expansion plans of the Bahrain-based bank by investing $125 million in equity and $165 million i

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Addax’s affiliate partners with IFC

Bahrain-based Addax Bank said the International Finance Corporation (IFC), a member of the World Bank Group, will make an equity investment in its associate company First Education Holding (FEH). Addax Bank is a premier financial instituti

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IFC lists $100m sukuk on DIFC

The International Finance Corporation, an affiliate of the World Bank, has announced the listing of its dollar-denominated $100 million issue on Nasdaq-Dubai, the DIFC’s international exchange. The IFC Hilal Sukuk, which has been given a A

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IFC to list $100m sukuk in Dubai, Bahrain

International Finance Corporation (IFC), a member of the World Bank Group, will list its first sukuk of $100 million with the Nasdaq Dubai and Bahrain stock exchanges. The IFC Hilal Sukuk will be a dollar-denominated non-amortising is

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