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Trade, Industry Minister meets with IFC delegation
15 December 2017  -  Sector :  -  Entity :  -  Category : General

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The IFC is mulling boosting its financing programs dedicated to invest in Egypt's industrial sector.

Minister of Trade and Industry Tarek Kabil held an expanded meeting today with a delegation from the the International Finance Corporation (IFC), to discuss the latter's intention to boost its financing programs dedicated to invest in Egypt's industrial sector in the coming period.

"The successful economic reform program implemented by the government has helped restore international confidence in Egypt's economy, as one of the promising economies in the Middle East," Kabil said.

The IFC, he added, is considering pumping new investments into various fields, including: petrochemicals, fertilizers, energy, services and SMEs.



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