REGIONAL
IFC And IDB To Invest $100Mn In MENA Infrastructure
The International Finance Corporation (IFC) unit of the World Bank and the Islamic Development Bank (IDB) announced on 16 April that they would invest up to $100mn to support the construction of major infrastructure projects across the Middle East and North Africa (MENA) as part of an effort to stimulate economic growth. A joint statement said that IFC and IDB are each investing $50mn in the Arab Infrastructure Investment...
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